Ann: Change of Director's Interest Notice, page-49

Nope, agree, it's been sh*t for years now.

Most punters, even those who have realised this too late (and previously defended management against the "accurate poster") all had faith in underlying asset value. I remember quotes to the effect even they couldn't stuff it up..... but how wrong we were with 11th hour raise at 4.25c destroying value and PE joke "no rights exists".

Valid question though about holding/still buying given this context and it can only be desperation to average down and exit at a later stage, misguided naivety, or perhaps even blind faith that it's all just external bad luck and this gun team will turn it around for a big success.

I've said before still holding rather than selling and realizing a big loss, but hoping for some opportunity during Gambia drill or oil cycle uplift (not looking good just now). I expect selling could be better option, but that's what I'm doing regardless - sounds foolish and bloody minded and probably is...but as always my decision and accountability.

Will also complain about management performance at 2.5c SP