Agree with you there, it is a simple update for when the price is falling, that usually pleases the market or rather helps to ensure the price drops don't continue. By merely addressing the shareholders, not necessarily specific to the share price cratering does help from what I have seen in many many other companies in the past.
I too am quite surprised I thought Adrian had been in other listed companies before and Luke too has been in other listed companies, but as you say on here it is showing as if they have no or rather lack of experience.
I wonder if there is any announcements due soon, though it is already end of the year. Either way they should still update shareholders, when there is major uncertainty, the price collapses, and it is amplified by the silence from both Adrian and Luke.
I am also slightly worried that in the future when we are already drilling and have result coming out, what happens if the share price starts to drop again, would they be quiet once again and just release announcements when results come in or actually update and calm the market?
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