How many of the contributors here have actually sat on the board of an ASX listed company? Directors nearly always struggle with announcements but mostly fit into two categories, those that announce every little thing so that it gets to a point where no-one pays any attention and those that wait until there is something material to disclose and take a long time to get it right and the effect can be same, everyone loses interest.
Clearly, this group doesn’t announce fluff. What keeps me going is the quality of the asset, 800,000 ounces of gold and REE potential. I will be taking up my rights and am prepared to take more if it becomes possible to do so.
I feel bad for investors that don’t “buy and forget” low cap stocks, it isn’t for the faint hearted. I’ve been in this stock since SXX and I know that the board has always acted honestly and worked hard for the shareholders but you also need some good luck in this business.
to “Philip” I also communicate with the board but would never post my conversations on line. I bet you will never get another response from the board to any question you ask of them.
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