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19.0¢ comet ridge limited

So no suggestion on who to run the company then Pierremiq...

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Milk&Cookies

35 Posts.

17

03/03/20

15:39

Post #: 43282554
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Originally posted by Pierremiq: ↑

I honestly do not know how anyone could support this slow cash burn strategy we have in place. We have overheads and management of a production team with no production.

All eggs in one basket. All bets on Mahalo but at the same time we constantly blame our "slow" business partners on the lack of progress.

Meanwhile we have:
A Chairman + 5 Directors
CEO / CFO / Company Secretary / COO / GM Exploration / GM Development + a Lead Geologist
Assuming all of the above have 1 to 3 staff members - Let's say we have circa 20 to 25 staff + the Contractor's & Consultants we regularly use.

In 10 years, and after say $70M in Capital Raises, we have:
1 Acceptable Asset;
1 Set of Reserves;
3 Exploration Targets;
A Market Cap 86M;
With NO MAJOR STUDY or FID Complete

And people people want us to believe that this crew has been absolutely working their arses off?????

In what century and planet is the above a reflection of absolutely working your butt off and a good result??????

I can only say wow to some of the commentary above...

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So no suggestion on who to run the company then Pierremiq !!
Beginning to think your just down ramping for a competitor
COI Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $210.4M

Open	High	Low	Value	Volume
18.8¢	19.0¢	18.3¢	$210.7K	1.119M

Buyers (Bids)

No.	Vol.	Price($)
1	9142	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	142409	1

View Market Depth

No.	Vol.	Price($)
1	9142	0.185
6	552861	0.180
2	252858	0.175
5	280382	0.170
4	332000	0.165

Price($)	Vol.	No.
0.190	142409	1
0.195	318849	5
0.200	566871	9
0.205	360991	6
0.210	5200	1

Last trade - 16.10pm 25/07/2024 (20 minute delay)

COI (ASX) Chart