This company is a joke...more delay...
when are they gonna announce the options renewal?
The circumstances described in that announcement are still the pertinent position.
The negotiations between the parties are still afoot and the company is confident
that under the guidance of the DMR resolution of certain important elements of the
negotiations will be resolved.
Unfortunately the interruption of the Christmas and New year holiday break
coupled with the recent indisposition of senior decision makers within DMR has
brought about an unfortunate delay in fixing the company’s future direction. These
events were completely outside of the control of the company. However the
board is comfortable that matters are on track and that a definitive
announcement will be made within the next two weeks.
The company is acutely aware of the valid and substantial concerns expressed by
shareholders due to the extended period of the negotiation and will ensure that
any binding outcome will be announced immediately in conjunction with a
resumption of trading in the Company’s shares on ASX.
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This company is a joke...more delay...when are they gonna...
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