The main problem is the main shareholder wants it all as per last takeover offer and there is no incentive to develope anything while still in public hands..especially while all efforts,are in developing ASM.
the current share price is about the last offer of 16 or 17 cents not sure but I not been following it lately as I sold out to get into ASM more. Mining is always a gamble whether finding a resources then having committed management and world prices determining whether they should raise more money for feasibilities and setting up mining operations is an expensive business in Australia. Takes too long and as we get older we can't wait all wait that long lol My rant. DYOR
