Thanks for the reply Sharebroker1 - It was different times mate. At the time we all believed the company including the instos and the drillers who got now watered down shares for their fees. Having collected $20m and drilling dusters (don't blame the management for that ...) it is not ok for the management to sit back and do f.a. all the while collecting fat salaries. It is only fair that directors/management should double their efforts to advance the company to the benefit of the shareholders. For you it doesn't matter if you've picked up the share for 5 cents but remember there are lots of people paid a lot more and are hurting. So it is not ok for the company to sit on their bums and tell to people they can't find drill rigs. Surely they should have had a plan even if the 2 holes they drill was a jack pot they would've needed more drilling...
Anyway mate - just wanted to let you know of the some of the issues the older shareholder are on about and hope you understand. You can't keep harping about the management raising $20m so well done. Some would say they robbed the investor community and by doing so tarnished their own reputation for ever. Imagine if they want to raise funds in the future???
I will leave at that and won't dowel on this anymore.
Good luck to us all and Merry Christmas.
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Thanks for the reply Sharebroker1 - It was different times mate....
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