""
"" We are at least still a going concern.""
Only just, If it wasn't for the Capital raising and the shares placements, it could be a different proposition.
That is not much of a consolation to us and it doesn't mean that because someone is sick, everyone else must be sick too.
After all, if you see someone going over the cliff will you follow too.??
That is why we have highly paid Executives and Directors that should keep us well and away from any sickness and/or cliffs.
We have been diluted to high hell ever since the change of control at the helm and the change of the Board took place. Something which, I was under the beliefs that would never happens. We have seen our share price being decimated besides being highly diluted, and yet someone is suggesting that, because someone else is not travelling too well, we should be happy.
Are these people controlling our boat taking a pay cut due to the position we are finding ourselves in.?? AFTER ALL...WE ARE!!!! But.......dream again as it will never happen...
Just wait for that remuneration resolution,...... which will not fail, because of the power of the friendlies that got in at very low prices, along with the re-election of some Directors.
IMO the best way to keep us away from any of those problems, was to drill for oil which can supply us with cash, not going looking for gas where the infrastructure alone can cost hundreds of millions of dollar and where it can take many years to get us to certain levels.
RC had inherited an oil company which was producing oil and where there were good prospects to drill for some more. Yet the drilling rig was sent away and never to be seen again even when we have been told by the Messiah himself that we had an oil base there the size of a US Army kitchen. GO FIGURE!!!
Is there a method in someone's madness.?? I don't know....you tell me.
Any more excuses.??
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Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 88000 | 5.4¢ |
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Price($) | Vol. | No. |
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5.5¢ | 340510 | 1 |
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No. | Vol. | Price($) |
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1 | 88000 | 0.054 |
1 | 49750 | 0.053 |
3 | 283253 | 0.052 |
4 | 561685 | 0.051 |
3 | 365000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 340510 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
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0.069 | 200000 | 1 |
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