are we going broke, page-28

Floating is abit generous.
Theres a hole in the buoy and it needs to be patched.
1. Needs an offtake
2. Needs revenues to roll in
3. If the IP is as good as they talk it to be it needs a licencee of it.

Right now the hole is only getting larger.
There will need to be a massive capitulation volume to be traded before this moves north. Any north bound movement will be faced with heavy stale investor resistance. All IMHO
At what melting point does capitulation occur?
1c to 10c to 0.006c currently....
Bag holders from pre-consolidation passed on their bags to new holders. My gut feeling says another consolidation before a pump is the only get out of jail free card on the table for trapped investors at the moment. Or else with the amount SOI it needs 88E style liquidity and volatility for investors to trade their way out of trouble.

Management need to bring results for shareholders, or the board needs to plan something for shareholder value. Last capital raise was at 3c which is at an 80% loss at the moment and was never in profit for investors. Wonder who will pick up the book to organise a raise for them when the time comes providing this type of performance? Lots of questions need answering. Let's hope next week brings in some good news.