I have spoken to management about a consolidation previously and they don't have one in the pipeline. They see no need to consolidate anytime soon and to do so would add little value.
The are solely focussed on getting cashflow positive and working towards the five year plan. They are not trying to pump. They are not trying to get it high just for the options. They are genuinely at the beginning of a long path towards a successful and established position in an envious market segment (Domestic Indian Iron Ore).
You are right though, you should have bought back in! I tried to get you to so many times. Kept telling you it wasn't too late.
I take it a sub 3c call and repeated claimes of a capital raising may be part of you trying to rectify that
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