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Re: "...just blatant BS..." Yes... this Co certainly has not...

  1. 1,470 Posts.
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    Re: "...just blatant BS..."
    Yes... this Co certainly has not 'walked the talk' for a long while, however quick to give themselves hefty payrises and 'mates rates' placements that don't auger well in the credibility stakes imo.
    Whilst l admire your positivity re: 10% sp rise to 2.0c recently, however, this SP is still about 30% below the recent placement demise of this stock and investors are now to be whoopee-doo about clawing back, in reality, only about 2% of their sp placement 'losses'.
    Not all investors are earning $360+K pa, plus bonuses and corporate lifestyle, to wait for 'promises' to come good, but have no choice other than to hang on in the hope the BBS does eventually tag itself to some sort of progress here. ATM this management is in limbo and appears they now have any control over facilitating Announced planning goals, not even their own inceptions, namely the tardy EIS a Prospectus submissions, which may now also compromised the path to ML and Prosectus raising. I often wonder whether the local investors are still waiting to participate in the Bond raising 8 months after the initial excitement last December, or have already invested elsewhere....$40 mill is a lot of money to have sitting around...
 
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