Well, time to ditch plan A then. The drilling, while not a total disaster, failed to meet expectations and the SP has lost 40% thus far.
More losses can't be ruled out.
Plan B therefore could involve averaging down, but that would once again break the rule of not punting on exploration drilling. See what happens when you do.
Plan B therefore involves sitting pat and hoping the inevitable capital raising happens after the next drilling results.
C'est la guerre.
Ann: RC Drilling Completed at the Django Prospect-AYR.AX, page-59
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
