CEO 0.00% 4.2¢ c @ limited

friday's movement, page-2

  1. 1,217 Posts.
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    Announcement Pending?

    As we've been informed for some time, the Vendor has a strict agreement with our Company.
    My 'un-educated' take on the lack of too much detail, was confirmed by comments on our forum, that IF Mark or other Mgt Personnel divulge any preliminary info that would jeopardise the Settlement, we'd be back to square one to locate another of Mark's Mono Greenfield locations, and the Vendor has the licence rights again?

    I'm counting on the info put out to-date, being 100% accurate, and we may have one mother Coal Field!
    One that others would / may fall over each other to get a hold of.
    One that the Vendor will be happy to receive 1% royalty on!
    Only the first of possibly a number for the Company to work on, with the others coming 'on-stream' as the current fields are "jorc'd", utilising the drilling rigs through the summer of 2012 and beyond.
    Counting on better days ahead.
    All imo.

    So, pending announcement? Happy to wait for the ducks to line up, thanks.
    Mark's aim is to secure the deal and move forward, not to run preliminary press releases?

    Meantime, good accumulation time, imo. Guessing that the big guns can't commit to 'CEO' until release of Mono detail; with what could be on offer, demand may sky-rocket.

    Cheers :)
 
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