I guess the biggest mistake management made was to mention a date or timeline in the announcement.
So damn stupid to do that. Perhaps phone call pressure from punters .
At the end of the day ,they have to drill sometime soon , otherwise the money is going to run out ,and another cap raising means the SP down to 001 . So typical of tiny companies like this to not at least keep share holders in the loop. A quick ann would take 10 mins out of the MD's day and everyone would be happy as to where they stand. At the moment every one is pissed of as to a complete lack of communication.
Another Day, page-40
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