Selling more than 50% (controlling stake) of the company's flagshit asset for pennies to an investor, which doesn't even have an English website or vast mining experience is merely a good outcome for existing shareholders. I genuinenly believed that this story can turn out to be similar to Capricorn's ,but honestly the writing was on the wall after they issued the 10m con notes and they failed to deliver any exploration upside.
For the 1000th time, long time retail shareholders got spit in the face by another poorly managed ASX explorer/developer resulting in a massive, 50-90% shareholder wealth destruction. Well done boys, money down the drain again.
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