Given the current hyperbole around the govt trying a rug pull etc. etc. and the share price being in the gutter due to far too many unknowns, some form of communication with shareholders is not far off being warranted. In the last podcast we were still under the assumption that we’re still on track to flow test during the quarter, that is about to end. I’d like to know how long are we going to keep paying standby fees for the rig? Is there a point at which we have to admit nothing is happening and we need to let it go so as to save our cash from haemorrhaging? Does the company still believe PPSA is weeks away? If not, what exactly is the hold up? While it’s a delicate process, the company can still keep their shareholders up to date on these important matters, it’s essentially why we’ve lost over 50% of our market cap in just a few months and 80% in 6 months (coupled with the tosser stacking millions on the ask).
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