West and Absa,
Agree THX isnt the flavour and seems to have some stigma but it is what it is and that is a very diversified company which is on a cusp with many projects. To demerger now would be suicide in my opinion. Need to prove up more and lock in some JORC's. Not sure if we will have that time available but I know as a shareholder I would love to see this beast sold for maximum it can get. Management or market I am not really sure but to stick with same people will mean another 5-10 years waiting for a percentage return you can achieve in 2 years on another stock. Sorry but these guys had their chance and completely ballsed it up. They dont deserve to hang onto any of my assets and I will vote a strong no to any suggestion of them protecting parts of the company so they still have a shareholder funded job. I want my cash and I aint prepared to wait for it. I fell out of love with this stock about 18 months ago. Very surprised so many long term holders are still in love with it. I love the resource but GFC Earthquake or not it has gone at a snail pace! As Absa or whoever said when quoting RNI, why isnt THX performing the same if not better? Uranium the cause? I doubt that very much. Great resource amature management and I aint prepared to split this company and allow amatures to play with my cash for another 5-10 years with part of the great resources this company owns. They dont know the right people to talk to in order to reward their shareholders. They should hang their bloody heads in shame and be embarrased!!
Anyhow they are finally drilling holes and returning results so cant complain at the current activity of the company. But I am very angry with whats has or should I say hasnt achieved as like you WA I have spent countless hrs researching this mob only to recieve a 2 buck an hr rate for my efforts!
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Mkt cap ! $35.70M |
Open | High | Low | Value | Volume |
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15 | 12398647 | 0.004 |
5 | 2362355 | 0.003 |
8 | 9070398 | 0.002 |
11 | 48792037 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 28936348 | 17 |
0.008 | 13186005 | 10 |
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