I said share price go back to 6c as a result of the EIS theoretically not being summitted tomorrow, next week or the week after - not raise capital at 6c. The pertinent point I make that you clearly miss is I'd rather a 6c share price in February/March or whatever time period rather than another 6mths of studies at the other end as they rushed it out to meet a deadline. Real world fact - delays happen. It's a green field mining project.
Perhaps those long termers you say drop of the thread are very much invested and just got sick of the same negatively. Plenty of long termers on the register last time I checked. Have a look at the T20 - Brown's, Auso, Brouwer, Furst, De Massi, Roosendaal to name a few.
A consolidation would create absolutely zero value for shareholders. If anything at this stage of its life cycle it create more risk of price declines.
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