They still have a few dollars in the bank, but it is being frittered away with too many projects IMO. They give the impression in the market, they are "old boys", past their prime who have lost their drive and hunger to succeed and are living off the company. Can't rely on networking or suckers to keep the lights on in this day and age. People are more informed in this day and age, even at the speculation end of town. Its neither effective nor efficient if you aren't seen to pull your own finger out. That's marketing and strategy, vision and mission. Hold great assets, but its about time directors sort out which project requires capital deepening and get on with it to restore some confidence. Or is this action planned inaction to pull in more cheap shares given the asset base they have?
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