Cheers DW.
The question has been asked (at the last meeting) whether or not there are plans for a consolidation in the near furture & the answer was no - not in the short term anyway.
I believe it will happen, but I think you will find that the story will be almost complete by that stage - with numerous boxes ticked.
I have no doubt the registry is keeping some investors away - consolidation scares investors.
BUT - If the story is solid & say, the Co is producing - then the price (in theory) should hold the value - post consolidation.
Numerous people, including Myself, have been badly burnt by consolidation of the registry, but if the story is good the value will increase as per the consolidation offer: Re - 10 - 1 (1c increases to $1.00)
All we can do is wait & see.
Cheers
fas/eld/buy???, page-4
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024