The new players to this stock could well be the biggest winners along with new GIP management. One thing for sure it is well and truly a penny dreadful after so many, many capital raisings without any real attention getting news.
For those of you in at higher prices which are multiples of the current price you may have a very long wait as you have watched your capital shrink down to nearly nothing. GIP will have to secure funding for its Eygpt project and get that going before much will happen. Their other little exploration projects dont seem to have much meat in them but who knows drilling is like a lottery.
Still I think that there are much more exciting opportunities on the ASX than this one, why bother?
AR1 Price at posting:
1.4¢ Sentiment: Hold Disclosure: Not Held
