is dunkirk the solution to tng, page-7

I had been quietly sitting watching this stock awaiting the resource upgrade from the drilling in Manburarman

I am a NT resident born and bred and my portfolio is all NT stocks (except inp)

As I have monitored this stock for a few years, and reviewed company announcments I purchased my fill on the day before they went into trading halt

So smart I thought

Since the announcement the share price went to .30c before the selling started.

There is a massive overhang of shares

Drilling program for 2008 ...is finished
Benefit from Cause Extended ... finished
More drilling results resulting in appreciation ... Finished

There will be no advancement in the share price until this resolution is resolved

Major contributors to this problem'

John Barr he sold shares at the worst time

Rab Holdings Sold Shares at the worst time

Pokerface Who probably lives in Sydney and did not have a stratigic plan to manage his investments but continually ramped the stack.
Poker my brother is also involved in this mess so do not take it personal

So what are we going to do?

The Dunkirk approach is worth considering with the support of John Barr

I did discuss this with him and he seemed to feel it was not a good idea, whilst telling me he sold shares and how he knows so many people affected by the opes prime.

Maybe my response is simplistic but should not John Barr arrange a meeting with shareholders to consider purchaseing the shares, by way of cap raising where existing shareholders can increase their holding.
I am prepared to do that.
This will negotiate the overhang

I am prepared to put in some cash to suck up the overflow, that will mean advancement in Manburrum


Comments welcome

Barramun