Does this have anything to do with a past placement to Paradigm capital or Euroz? Anyone know the history of any shares placed to them? Still on the register? Looks familiar. High probability it is their only subs holder bailing. Clearly a major disagreement with management about the path forward and they must consider $5m spend per quarter excessive given results. Any plans by management to take a new approach, cut costs and get more value for money or is the approach 'damn the torpedos' until there is only $1m cash left and then start to worry like every other exploration company?
GRY Price at posting:
4.6¢ Sentiment: None Disclosure: Not Held