Zonker - no, I have not seen any reference to Directors taking up the offer or chipping in any money. They are unlikely to do so as their strategy is to extract funds from the business to pay their own salaries - not for money to flow back from their pockets to the company.
Would be useful for shareholders to get an update on the sale of the barge. If it is really going to happen and they are able to get $2M for it (as indicated) then at least there will be some money for drilling. The cap raise on its own (which at this stage looks like there may be a large (?) shortfall will not generate enough cash to do any meaningful work). I don't think the sale of the barge is a slam dunk yet.....Hope for shareholders that I am wrong.
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Open | High | Low | Value | Volume |
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9 | 11768758 | 0.003 |
13 | 12898947 | 0.002 |
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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