My holding is very small compared to most here and down only a few K, i bought in to see if this could do well on green boom, nothing more in mind but was caught with my pants down.
As for your other questions i think we are all are in the dark in terms of ASX rules and where the company really is at. This has dragged on and on, and my concern is the corporate/ administration and exploration costs since the TH, we have gone from $70m in bank with 16 qtrs of cash remaining at time of suspension to $18m in the bank and a little under 3 qtrs of cash remaining as of the last quarterly cashflow report ?
Interestingly there have been a couple of $10m spends per quarter on exploration & evaluation in this suspension time, so this is all adding up !
Hoping management can turn this around and get this ship back on course but i know dealing in this country has its challenges ?
My holding is very small compared to most here and down only a...
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