Because of Mr Gillespie's excellent CV I bought heavily into this stock some years ago. He did not seem the person who would wish to be associated with a business failure. Now it looks like we are going to fail. From yesterdays report we are left with one prospect in Moreton where we have 20% and no control on activity and 18.75% on the other with no control and not even a drilling partner. On top of that we have spent $758K on admin and $467K on exploration in 2012. This is to be continued with $230K of admin and $100K on exploration in the next quarter. Are we in business to fund administration or are we supposed to be an exploration company??
And why has Mr Gillespie sold us SOLIER with precious funds now after MR Gillespie has had that company since Sept 2008? I note the comments about Dubbo but I cannot see any financial info on the Dubbo business deal. If it is profitable why would he sell it now.
So I respectfully ask MR Gillespie and other HOT COPPER posters, is it just me that is dissappointed or am I missing or misreading the details and signs? Where is thsi company going??
Best wishes to all. Please DYOR and comment if I have misread the info.
Cheers. Bardot
dissappointing mr gillespie
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $43.37M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $117.5K | 14.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 32813136 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 11827281 | 9 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ROG (ASX) Chart |