Hope, today's announcement made things clear to all investors which I had been telling all along.
One has to think deep and hard as to why CXO is delaying drilling in Jervois Domain project. It appears, CXO management likes staying in office though geological exploration requires a lot of field work prior to drilling.
No doubt, risk is there. Shareholders need to crack whip on CXO management. Jervois Domain project drilling is the only hope left. However, this would not proceed before a CR.
Wait for a CR news soon........However, how soon that would be I do not know......
CXO Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
