Sonu2lok Something is definitely not right here, CR requirement...

Sonu2lok

Something is definitely not right here, CR requirement does not appear in a day. So why they allow SP to keep going down to raise CR at this cost?

Nothing is wrong here and this is good management, not bad, although from a retail holder’s perspective it looks that way.

Imagine you are the MD. What are your priorities?

Keep capital flowing into the company, to move forward to production or a TO..

That means building the insto base and to do that the SP needs to be low..

In the process shake out the retail holders… good.

OK there is dilution but that is not important at this stage.

Accumulate as many low cost options for Board members and insto mates as possible.

Focus on the prize which is perhaps 4 years ahead.

When the prize is close with majority insto share holders the share price does matter and a lot of money will be made if the project is successful.

Very few loyal retail holders will be at the party but that’s just the way it works.

For those with patience follow the smart money at the CR price

PS anatol I know you are a lot smarter than your post suggests.