oi zzzz1 that was my initial idea mate why r u stealing it from me but my reasoning goes a little deeper
i feel their approach should be to optimise potential nickel resource and put their hands up via presentation to different mining companies eg bhp to see if anyone is interested
make it professional so it can be sold for a good price keep money in cash whilst optimising gold norsemann resource
also as i mentioned the directors need to buy at these levels or at least request for unlisted options via shareholder approval
at least they should be seen putting some capital into their company
also if im the major shareholder, where the directors are on the board, i would start making noise and some decisions to let the market know what the plan is and whats going on
they got 50mll shares @10c from what i believe which is 5 mill dollars and they just lost 3 mill of it at current prices
sure theyre rich etc and have big projects but even if i had 100mill in the bank cash, 3 mill represents 3% of my portfolio and i wouldnt just sit back and do nothing
my thoughts anyway
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
