I think Chris Evan's would not have signed up as a director unless he believed there was merit in some of the projects.
That first drilling campaign at Uis was utter trash and wasted a good chance to find something there.
I do not know what Gino's game is, but he has not wanted to raise the money that the company frankly needs to have another red hot go at it.
Unless you start drilling, you've never going to get a rerate because you can't prove you have something. So it's stupid and self-defeating to delay. And in doing so, our cash has dwindled away to nothing.
That led to this horrible raise, when blind Freddie could see we needed to raise in the third quarter last year.
Gino was told that then, but chose to ignored it.
So I have confidence that we have some good land and that a competent MD could make something of it.
Therein lies the problem.
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I think Chris Evan's would not have signed up as a director...
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Mkt cap ! $4.445M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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2 | 33210 | 1.1¢ |
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1.2¢ | 1089900 | 2 |
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1 | 8210 | 0.011 |
11 | 2462000 | 0.010 |
11 | 3060013 | 0.009 |
8 | 3374499 | 0.008 |
10 | 1768959 | 0.007 |
Price($) | Vol. | No. |
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0.012 | 1089900 | 2 |
0.013 | 367475 | 1 |
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0.016 | 749217 | 3 |
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