Alas Kiwiboy I sure hope you heed some advice. Lowering the average cost to get out is speculating / gambling.
The share is a dog, run by fools.
Pity the other fools who got in when the share price was north of 20 cents and who have held for years!!! There are plenty of them including myself. I have watched the incompetence of management for years whilst making cash elsewhere in the market. It’s a dog. Stay clear.
A wise businessman would have issued more shares at a higher share price for contingencies. Management has continually raised capital as the share price has fallen.... rather than cashing up. The latest CR is another example and it’s deplorsble. The end is near. You are gambling on the track read of people that have failed over and over and over again.
DC has been gallivanting around the world staying in hotels, entertainment etc off our hard earned money. You don’t know the back room deals and corruption that could be going. It’s South America!!! Someone could buy this thing out when it goes tits up.... and make a motza. There could be some brown paper bags being shuffled around. You don’t know!!
After PRL goes tits up, which it will, DC and Sundich will go to their true calling, being politicians. They will continue to live off the suckers, drinking fine red, expanding their already disgraceful burgeoning waste lines at our expense. Corporate sociopaths feed off twits and feel no remorse.
You’ve been warned!
This stock is terminal. Management are the most incompetent bunch of twits I’ve seen. Casey cares about his ego, travel, red wine and generally luxurious lifestyle. He will move onto his next gig and group of suckers to fleece.
PRL Price at posting:
0.4¢ Sentiment: None Disclosure: Held
