what the scoping study due in August 2022 ? you could almost be forgiven for forgetting it was that long ago ......
Boss shares sold at the time of relisting as part of the funding arrangements
you know there will be mutiny if the board now proposes some sort of capital raising to fund the massive MLA overreach on this project . IMHO they should reduce the area of the MLA to fit within the current funding available and budgeted projections as stated in the prospectus. there is no need to apply for such a large area at this stage , they are only doing the scoping study/feasibility on a proposed 2MTpa export arrangement anyway so why overextend this company and dilute its loyal and patient shareholders under the current management SP mark down price .
i will be voting NO to everything until the current board has been replaced by competent personnel.
its that simple really
CRB Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
