Thank you Frogkey for drawing attention to those very good points. We are a tiny company with no debt and enough cash to fund about two more years of exploration. Plus some very good drilling assays. Two hundred million shares and options sounds a lot but maybe not in this context. It reminds me of two other interesting specs. First, its parent Chalice (how much have we appeared to have lost there, but not if we haven't sold and it seems to be creeping back up) and Cue Energy, another very small company which has no debt and about seven hundred million shares on issue with an enviable balance sheet and profit and loss account. Its shares last week did much the same as ours did today: perhaps a bit more then and more this week. It pays to do a bit of homework. Please do so. I could be quite wrong.
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Price($) | Vol. | No. |
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