The only reason Duggers and his cronies did the consolidation a few months ago was so that it allowed them the ability to be able to raise funds and dilute the stock without the plebs (ie us) being concerned that there were too many shares on issue. My guess is that for the next couple of months they will dribble little titbits like this for the various projects to show what wonderful resources that we have and then bang!......another cap raise. They will need to do this in order to continue to fund their lifestyles. To be fair I think it is our turn as MLS , SBR and the other company (whose name eludes me for the minute) have already had their turn at this. I agree with you....although I have lost a few bob on this, I think everyone would be better off if it was folded.
GED Price at posting:
4.0¢ Sentiment: Sell Disclosure: Held
