Give them a bit of slack.
They have all been very very very busy making sure their pay checks have been going through.
From memory they stopped drilling and exploring about 12 months ago, so they can no longer be regarded as a minerals exploration company.
They are effectively dormant and are a "lifestyle" company only.
If a JORC does eventually come out, will anyone seriously give it much credibility?About the only thing the directors have achieved in the last 12 months is
3/4 unsuccessful cash raises
pay their own salaries
Pay out some of the "mates" who held bonds
get rejected for the PASS contract
lower their own and NAG's credibility in the market
I suppose it has kept the likes of Flogga, Buddy Boy, Welli etc occupied and hence everyone entertained, but what has this achieved?
Give them a bit of slack.They have all been very very very busy...
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