kermit, shareholders are being hung out to dry here, it is an...

kermit, shareholders are being hung out to dry here, it is an abysmal state of affairs.

meteors or no meteors, they are cactus without a raising or asset sale.

I find it hard to believe that a charge over the company isnt a market sensitive announcement...

so lets think forwards for a moment:

assume 20,000 ozs from alpha over 6mths.

rev. at 1400 = 28mill

costs at 1000 = 20mill

profit = 8mill

creditors are still not fully paid, nor is there a budget for exploration, resource confirmation drilling, or any progress on development at whatever's next!

I dont see a way out without massive dilution (or meteor)

What would JW have done differently i wonder?