CDR codrus minerals limited

I'm so stunned after re-reading the announcements, particularly...

  1. 5,502 Posts.
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    I'm so stunned after re-reading the announcements, particularly the ones from this year stating there would be a drilling program conducted in the June quarter at Karloning, that I'm wondering how on earth people can come out the other side of this without criminal charges or being the subject of a current affairs show like 60 minutes. But to think the company could expect to remain a going concern and have people believe they're actually conducting exploration just because they've stated they are on an announcement to the ASX after not doing so at Karloning after announcing they were is just astonishing. Surely the fact that an announced drilling program was not going to be conducted after all and capital would subsequently be raised at a much reduced price for another project overseas instead is a material fact that should have been announced under the Rules of Continuous Disclosure. How could anyone be expected to believe or trust anything Codrus Minerals said again? Surely it is time to change the name of the Company and rebirth it as something else just to attempt to save the furniture. The gentleman who resigned recently, has he left the country?
    Last edited by rick26: 25/07/24
 
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