Trying to extract some sense from what we shareholders have been told.
Went back through the ASX notices to confirm that Cranston and Atkins went immediately. Both were with VML when LionHead took over.
Dorward and Colbert, both appointments made by the LionHead dominated Boardn have given (and it seems, had accepted) three months notice of termination. I recall comments here by other posters that noted Colbert's lack of experience in mining projects, at the time he was appointed, which now seems important to me.
I sense that this comment, last paragraph in the recent Company Presentation, is significant.
"NB: There is no certainty that further work carried out by VML will lead to achieving the same size, shape, grade or form of any comparison
deposit. The VML project is in a different stage of development and significant further exploration is required to be undertaken to further
prove or disprove any comparison."
That is being done, some already.
The following comment from the email that Matlaszlo.vigh (thanks for sharing) recently received from our current Chairman seems to be in sync with the above.
Our future now totally depends on LionHead being open and honest, and delivering on its stated philosophy of bringing companies and projects like ours to successful operating status. "Patient capital" has been mentioned.
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Trying to extract some sense from what we shareholders have been...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $64 | 32.14K |
Buyers (Bids)
No. | Vol. | Price($) |
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84 | 96229665 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 20004741 | 27 |
View Market Depth
No. | Vol. | Price($) |
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84 | 96229665 | 0.002 |
25 | 101498050 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 20004741 | 27 |
0.004 | 24027294 | 39 |
0.005 | 8902932 | 23 |
0.006 | 12402465 | 12 |
0.007 | 2803896 | 5 |
Last trade - 15.43pm 04/09/2024 (20 minute delay) ? |
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