re: Ann: Update on Application for Retention ... Mitcho1969I...

re: Ann: Update on Application for Retention ... Mitcho1969

I said before, I don't need the money so no selling at 0.5c. My holding at 0.5c is only a pocket change. My older post says I'll wait for AGM.

Now we know the real reason why such long delay... the feasibility study is incomplete.

So PV better get that finished or his 29.5m shares avg 13c will be worth absolutely nothing and face AGM. In next AGM, PV will face 1) License not renewed; 2) $0.005 sp and dropping; 3) probably no cash.... who will vote his $350K salary?

You may be happy, but sp tells the story. Most investors are not happy and have no confidence in this company. So I'm not the only one.

If people feel confident this company will pull through, sp will not be trading at 0.5c.

If people feel confident this company will pull through, CP at 1c should be over-subscribed.

It is a good project, but too political. AFT, DML, WKT, MOD, plus many others not list on ASX they don't have this problem.

I've done extremely well with SIR & PEX. Investors are extremely confident about their projects as they can get funding anytime they want. I usually let numbers (sp) do all the talking.