No ones going to give me a thumbs up for the negative feedbacks. But what's currently presented to us the truth is the truth.
The buyers side for .003 has been in the volume above 70 million - 100 million sitting there for the past 2 weeks. Now its being driven down. So yes unfortunately there was a dump of shares just hours before. Support has now dropped to .002.
I just swiped through have a quick glance, the financial part don't look healthy.
At a glance it appears assets have dropped dramatically and the lost is alarming but that's only due to Lakes Oil being suspended from quotation on the ASX. To continue with projects development at hand may unfortunately require further CR or this could drag out till revenue returns this may be months then continue from there then. IMO
Positive notes are good to see the projects underway and future developments. The managements and contractors agreed remuneration reductions. Directors committed with large number of shares held.
This is just a quick read and gasp the overview. DYOR. TY.
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