Well Said Geko.....I think they are just trying to prove they wont raise funds so they can have an excuse to sell to OPS for the 2.5 ml they claim they will need, then they will use this figure to sell Lorena to OPS and pay for their Con notes and salaries they claim to be owed. after this they will most likely tell share holders that the asset was not very viable and they will now develop Lady Mary and start the game all over again.
this company has sold off most of its core assets for next to nothing Next to go will be Lorena.
Remember this was the same group of People who told us what a great deal we had with BCD then they could have saved us and BCD by lending them the $600k they needed to finish the plant at Lorena.
Instead they chose to use the funds raised by our last Cap Raise to drill 5 holes in Lady Mary 5 holes for 500k what a joke and leave BCD out in the cold , well Karma is a bitch Management .
MAR Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held
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