Ann: Appendix 4E and Annual Report to Shareholders, page-10

Not exactly - I actually do think they've got some good assets and there are some real opportunities for them.

My issues are almost entirely about the Board in this one, and in particular the snouts in the trough. The fundamentals in my personal opinion don't support a market cap of over $50 million, so you're paying a lot for sentiment at these prices. And I can't see any reason for a more positive sentiment for Creso than for any other company in the same industry.

If there were a Board restructure, some honesty in their reporting and announcements, and a clear and actionable plan going forward then I'd certainly think they have a future going forward.

With the current situation though I just don't see that happening right now. Hence my guess as to how things will turn out.

All my own opinion - happy to have a proper debate if someone has an opposing view