Agree. WBE needs to drill ASAP otherwise the overheads costs require us to continually raise funds.
Would be disappointed if sold TEG shares prior to the GAS takeover or Xanadu drilling. If this occurs it is more about paying salaries rather than creating shareholder value.
This is why TSV is at it current sh
are price. The market does not trust the BOD. For good reason because history shows that the BOD only care about themselves and not shareholders. The GGE is another example. If the company was well run there is no way we should be raising capital at these levels.
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Ann: Whitebark Energy Notice of General Meeting, page-19
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