PEN 5.00% 10.5¢ peninsula energy limited

annual general meeting, page-5

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    Yes it was, usual answer though..... progressing well. though Gus said withing 4 months (no use of the word imminent)

    I asked them about the lack of news and Gus basically said that because most of what we are waiting on is 'process', releasing small amounts of info might smell of desperation and may indeed be counterproductive..... it kinda made sense the way he explained it.....

    In regard to the cash grab I found it amusing when questioned why they didn't reward performance based on milestones rather than a piddly share price they answered that it had been considered and rejected by the 'renumeration board' (or whatever they were called).... Have a guess who is on that committee?
 
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