the joke of this guy making money from targeted advertising on his new venture. He has done more work for this then the company paying him in one article.
we are now in March. Zero exploration updates. Zero company presentations. Zero information on direction other then one hole. One hole that has been delayed 3 times due to not finding one person in WA to operate it. Obviously the operator came from outside the state which is why it was delayed…
what are new investors investing in, if out of all current investors no one has any idea.
this is a public ally listed company which has an obligation to answer to shareholders. even if we get a positive announcement tomorrow, we have sat essentially on 6 months with no work being done, whilst our director is earning more than most. The most alarming thing though is that he used shareholder money, to use stock pumping companies to increase share price and reward himself for it. It’s not Fraudulent behaviour but not sure it sits well with anyone. Yes he raised money with it, but that is just been sunk back into his own wages as he drills a single hole in 6 months. Simply not foot enough for an explorer who has found nothing.
dyor, all opinion and observation.
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