Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-43

This management team make me sick. So blatantly in it for themselves and with the volume today, all the angry old holders that would probably vote no would be gone replaced by new holders looking for an easy 10-20% gain that will vote yes.

Some of the comments made by @BerserkWarrior on management and their decisions just can’t be ignored. Agree with his comments. This stinks.

For any meaningful holders remaining email management and push them to up the payout. I’m happy for the deal to go through but I don’t want a $350k well covered by $1m in overheads and $17m of cash ready to be wasted on what… exploration? And then what? Cap in hand to holders for capital to turn it into cash. These guys should be banned.