You still miss the point so this is my last reply. This fixation with non-dilution is not the be all and end all. Investment decisions should weigh many factors and finance is just one. An important one of course. But this defense of an underperforming management is mystifying to me esp. as I've stated their OTT spruiking of the last results. I don't mind enthusiasm which is welcome but this was just unwarranted. No mention of the free shares with low-ball performance targets either. You have to hold your investments to account and to my mind this co. need to pull their socks up. Even factoring in their microcap status they are objectively underperforming. I am not interested in identifying other similar cos. or indeed comparing them to the (literally) '00s of dud lifestyle cos. on the asx. I am interested in their standalone performance which remains - for now - underwhelming. Cheers. over and out.
Ann: Exploration Update on Initial Drilling at Durnings South, page-26
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