I think all of us 16% minority & continually shrinking share holders are in the same boat - it's a failed company who have engaged our time reading their continuation of suspension & hopeful junk announcements for the past several years - the joys in the statistical fate at this end of the market. Not sure what the advantage to Freefire who holds the balance of power will gain in the capital raising as all of their $15 million debt is theirs. Is it a tax advantage ?? or are they hoping for us suckers to engage with our hard earned funds ?? And if this was successful in its capital raising, no genuine exploration management team , a loan to Freefire which is attracting 8%, the uncertainty from the PNG govt on the renewal of licences & rehabiltation costs if it arises, below average results in the graphite drill results but still a remote miniscule hope of a miracle with the 7 planned drill holes (500m of drilling) which is funded by the QLD government (crazy use of taxpayer funds ?). More curious to see what happens & I am sure I will waste more time reading the correspondence (extension to the extension announcements, etc). At a $30 million market cap ?? once all the shenanigan's are complete , IMO there is better ways to part with your money. If it ever lists again, I might sell & go to the casino & place it on red as I am definitely not in the black LOL
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