Let's not forget the reason why Cangai licenses have begun...

Let's not forget the reason why Cangai licenses have begun suspended. It was for breaches in the environmental controls during the drilling process carried out by sub subcontractors, under the management of the board. This is exactly what bad management looks like.

I expect the remediation works will have been expensive and running a listed company that's not doing anything is also expensive. I'd be surprised if we spent anything less than $200-300k this quarter doing nothing.

We're going to get smashed when this stock comes out of suspention. Unless the Noble deal is signed or a new JV with someone is announced out of thin air we're heading well under 1c. An announcement of 'Hey great news, were allowed to explore again!' is not going to cut it.

The board know this, they will have a plan to ease the company out of suspension with a series of announcements, let's see how good at managing this they are.