Ann: Quarterly Activities Report, page-112

I believe they’re using covid as the perfect excuse not to have done anything in NZ. In an announcement last year they said they’d drill NZ in the first quarter of this year and in the quarterly they said In the coming months. They have to stick to their word this time, if not there’s no way you can defend them. They still have bizzles loan facility I’m sure he’d love them to use or the money owed
from Maroon which they said they expected to be sorted soon. But come on Rhazzle they’re in a horrible financial position and they’re sitting idle 9 months a year. You can be positive on the resource but as far as this company has been run you’re just letting too much go. I’d love to share your optimism but this is the worst run company I’ve ever been invested in.