Agree.
Would not be comfortable with the current team of clowns having access to a new bucket of money to fritter away. Worst case they find oil and then based on Senegal, we all lose.
They managed to raise at 4.25c just over a year ago and despite doing jack all with it regarding the purposes it was raised for, have managed to turn it into 1c and not be trading anymore.
They shouldn't have access to any more finances but the big shareholders are equally complicit in the mess... so we should hope this journey ends for us all with a takeover and put us out of our misery.
Ann: Update on Remus Proposal and Woodside Sale, page-131
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