Dear Noor444, Geo4000, churchbat, Drunknvegan, Indiagate, Brendonski, FlightTime and all mum & dad shareholders
..
1) From my assessment BOD made the decision for FID delay, not PH else why would PH declare steam ahead just few months back and even given a positive interview with Padley.
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2) BMM holds 11% share and their voice takes priority. BMM is pulling the string while PH has a tough job to pass the message(Obviously he gets well paid for bearing the brunt & face the shareholder music and bashing)
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3) Moving Forward- There are few ways to improve shareholder wealth (decrease loses) One of them is Making Drilling in Zone 5, Zone 8 and Southern Terrace a priority. It requires cash and a capital raising. Doing nothing is 100 times worse than do capital raising for more drilling.
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4) In the meantime, all other activities for re-start (if ever happen) can continue as planned.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 45437907 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3258398 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
69 | 45437907 | 0.003 |
33 | 58436387 | 0.002 |
14 | 63512753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3258398 | 12 |
0.005 | 9176813 | 17 |
0.006 | 9139028 | 14 |
0.007 | 27299357 | 13 |
0.008 | 5500000 | 2 |
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