No Mas37. Today's announcement amounts to a worm tablet and a flea rinse so Regal have a chance to continue to jump off this canine at a better price than yesterday and last week.
Ok, you want something more substantive from me, so here it is.
They raised the BFS money more than 2 years ago but nothing,wasted, only to then state that 20mtpa project was too big. What a joke, the previous mangement came to that conclusion in 2017. Now management are dribbling out stategic review announcements to show you all that they trying to lower costs in the hope that someone funds a bfs by end of next year.
The company funds will slowly deplete until the next CR while in the meantime you will be fed more fluffy announcements to justify managements existence.
HIO Price at posting:
3.6¢ Sentiment: Sell Disclosure: Not Held
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