Well said hooky, I keep extending my snorkel as well but then I keep asking myself;
1. How did they lure Marcus there? He is a smart boy, he wouldn't leave FMG only to end up at Centrelink?
2. Why buy land at Greenvale - ok it was cheap but if you were lifestyle directors it isn't something you would do;
3. Ditto for point 2 above for the Flemington exercise of purchase option;
4. Why only raise 5m when they could have easily gone for more;
Plus the fundamentals haven't changed - all spec juniors are getting a bollocking on SP but the nickel price is moving up and cobalt is mooted to follow once demand kicks in.
Many people here carve up the BOD but that is easy to do when you are a bystander, particularly a non holding bystander. I know that successful business doesn't happen by sheer good luck. There is blood sweat and tears shed by management to make these things work.
I have a good feeling that we will get good news soon.
GLTAH
AUZ Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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