Ann: Operations Update, page-258

I’m surprised that only 1bil shares have traded and it’s not lower. Based on share volumes over the last few weeks I would have expected 2-3bil getting traded tiday. This news is catastrophic for the company and shareholders. The way it reads is no drilling till 2022. like others, I would estimate SP going below 1c shortly. Even if they can resume drilling there will be significant cap raising required.

it’s bad luck for everyone still holding. I’ve done the LTH with shares that have dumped before and it’s a hard road. No philosophising or “it’s not a loss till you sell” BS makes it easier. It’s a sh!t situation; end of story.