Settle down everyone, he's a human being too with personal responsibilities. How many times have we had to dump shares to pay for a "pressing personal matter" which he didn't have to explain anyway.
He knew that some, many people, as we have already seen, would take it as being very negative given the timing of it. The timing is unfortunate, but it says NOTHING about what the company has to, and will, announce about THE COMPANY.
POSITIVE PROGRESS SOON!!!!!
And, re that "threat" that dugsab has been pushing for weeks. We've been told quite clearly that they are having discussions for debt funding from several sources that are all being considered. IF/WHEN a decision is made, they will need to have the facilities in place to do so VIZ. The EGM and it's MY bet that that is not ready to exercise as THAT would also be a "material" outcome that would need a TH and an immediate announcement. It won't be a pissy placement. But, they will need some down the track but not at 6 cents, or anything like it!!!!
That will not come just as a secondary outcome from the EGM as dugsab has so dramatically alluded to. dugsab has allegedly sold all of his shares and IMO is doing his damndest to get back in again before the "POSITIVE PROGRESS " news IS released (and succeeding!!!)
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