Gregs not a business guy...he would do the technical wording, he's our certified guy, as per compliance and regulatory demands. Are you saying he's not capable or accurate?
I do appreciate your position and hesitancy on both Taroom and Mongolia. Both jurisdictions and plays are embryonic and (especially in Mongolia) greenfields.
But that's the beauty of it- we can crack them both and bath in massive returns as brave investors willing to have a punt.
Most people don't have the stomach for that level of risk and find it extremely easy to find fault in every little detail.
Others embrace the risk- realising they could accrue outsized rewards (could!)
We only have to disclose information that may have have an effect on the share price- I do not recall one instance of purposeful non-disclosure (which would have significant ramifications for Neil if that were the case)...in fact (apart from the multiple episodes of stuffing up some grammar and re-issuing announcements with corrections) we have halted trading and followed the absolute letter of the ASX law when perhaps we might not necessarily had to.
Also remember, as in Mongolia, we are pioneering here in the Taroom- hence the R&D grant....and we are generating our own unique IP as a result (data shared potentially with Santos), so perhaps it makes sense commercially to not give away every little titbit? (again, I stress- that if information was deemed materially effective to our sp- it would be disclosed via an announcement)
EXR Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
