Chicken or the egg, page-35

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Reward personnel with reasonable annual salary increases as opposed to simply issuing 100s million freebee options exercizeable (sic) at ridiculous low strike prices over a very long period with very little measurable KPIs;

This suggestion seems to in contrast to your argument to me. Annual salary increases means guaranteed draining of company funds. The very funds they are trying to retain to continue to develop the projects – there is no income from sales…. yet
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If the project is so exceptionally good, SELL the story and raise at a premium!; GR obviously found it to be in the "too hard basket".

What! They were only able to raise these huge $$ by selling the story. To expect to do it at a premium is unreasonable.

This money kept FAR ‘in the game’.

The investors who are responsible for so many millions of dollars in funds only have those $$ because they are astute.

They have the upper hand in such negotiations and they know it.

And FAR knows it

And the investors know FAR know it.

I am very FAR did well to get the money they needed for the price they paid?. No other way was that money was coming FAR’s way.

I mean who is going to buy shares at a premium when at best the return is years away? Why? Would you buy my shares for 8c today? Then I can by 8/7 times the number of shares on market.
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Monitize (sic) some or all other assets which does not fall in the MSGB ( if not interested to progress, or long lag time on the kenya (sic), Aus assets? why hold on?.. get rid of it.. );

I don’t subscribe to that approach either. You are an explorer with several prospects. Even if one looks promising you can’t throw all your eggs in one basket? What if it doesn’t pay off – you then have nothing and no money. Besides the current value of those assets are insufficient to be worth progressing presently so how are you going to get any value for them and how much extremely valuable board time are you going to dedicate to the negotiations. Once they are sold they are gone for good.
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Pay concerted effort as to why the SP has been languishing. If only they spent more time to get behind (uncover) the machinations that has caused this SP to languish for so many years ( Limb seems to have the knowledge ), just maybe, at every instance a CR was launched they would have been able to raise at 1,2 or 3c per share more... thus minimizing (sic) dilution massively. It all adds up.

Market forces. If you were in the green would you be selling now. Doubtful. You would simply feel better. If you think the project is a winner then the time between the past and the event that crystallises it is not relevant. If not then why be a shareholder.

I get it that some people expected the share price to appreciate on the initial finds and it did sort of. I too expected it to go higher but admittedly I underestimated the ongoing need for more and more capital which along with low oil price etc. etc. (and I am convinced that many investors are simply steering clear of oil with all the talk of electric cars).

I am resigned to see it through now – takeover or production being the only potential for true valuation.

I don’t really know what people expect the board to do about market machinations. I’d rather they run the business than try to outsmart the market manipulators (if they even really exist) and the fact that they seem to have large portions of the company in the hands of people like FARJOY I suspect that they are confident of not being taken out at a lower than true worth.​