I am talking about the company not the board.
as for the board, all they have been doing in the past year is paying themselves salaries. What have the shareholders gained from the snail paced operations.
If they were spending the 3M on drilling and then buying back, then that would have been nice. But, where is the drilling? At the current rate, IMO, we might not see any drill result till 2024 Q1. Going with what has happened so far this year I am not even sure if the Geophysical work will complete by end of 2023.
As for the buy back when or at what price do they intend to buy? at 2.0 c or at 0.5c? Once we know that, we can then decide how good it is going to be for the shareholders.
Below is the 'Conclusion' from the last Geophysical update:
I am talking about the company not the board. as for the board,...
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 275000 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 6516755 | 13 |
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