Does sort of make another mockery of these silly qtr end...

  1. 13,192 Posts.
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    Does sort of make another mockery of these silly qtr end financial reports

    reported they had enough without unused finance of 1.4 qtrs and 3.5 with reported finance facilities in place

    made it .66 percent of one qtr!!!!
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    has been odd they didn’t consolidate and chose to raise capital at .003 of a cent and wondered why there was no support- and here they are

    other issues like being locked out came way too late imo- as did advice surrounding the law suit from offtakes when not in production

    founders playing with machines and having great success should have been moved sideways for people with commercial acumen imho - no corporate is going in sub 20 cents let alone at points of a cent

    great commercial results - but terrible string of insider share sales in the past and  allowing the share price to get crushed to a point where the capital market is too small imo

    salaries and wages were too high after their greatest success being the lic of the teck in uk

    Annoying day for many I’m sure- directors really managed this into the ground when I think they had quite a few opportunities and a loyal and interested shareholder base
 
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