Its come to this, page-4

First 4 Last

Share
Profile

Follow
SRV

3,252 Posts.

37

20/07/16

18:52

Post #: 18320492
Share

Originally posted by mistie ↑

Totally agree, disappointing. Poor management of the SPP is beyond a doubt. Obviously there are no new exploration results good or bad to be released, if there was it would most likely be bad, as good news may have sent the share price above the 3.6c SPP price and more shareholders would have participated in the SPP. Paper money miners, perhaps.

That old pearler - “first in first served basis” for the non-underwritten SPP was the bell ringer for some of us. Today, I ripped up my three cheques. I will buy on market now, but will wait for the post SPP dust to settle.

After 12 years exploring at the ACRA Project, a few more select drill holes is not the answer. A JV to one of the big boys is the go.

Seven months in and still no drill holes on any project. But, I am still looking forward to the delayed Mavis drill program. Good luck to all shareholders.

Expand

I sent an email to DC today echoing our shared concerns - and I think he's fully aware of retail holder dissatisfaction with the spp.

Like I said in a previous post, the company must establish effective outreach, pr & newsflow as very soon as poss otherwise PIO will be eclipsed by co's which don't have anything like the same assets - but can tell a better story via regular announcements (I want updates WEEKLY at least please)...

I'll report back if I get a response.

PIO Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
21 Upvote

0 Great analysis

Reply