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new anouncement, page-2

  1. 7,675 Posts.
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    Sidave

    I find this announcement is very encouraging
    Yes its dissapointing to see the roadshow delayed for a few weeks but if there are significant board changes afoot then it makes sense to have the new directors participate in the roadshow and meet and greet with the brokers.

    As a long term shareholder a few weeks here or there makes bugger all difference in the scheme of things.

    More importantly

    "THE NATURE OF THE NEW APPOINTMENTS TO THE BOARD WILL PROVIDE THE COMPANY WITH THE EXPERIENCE AND TECHNICAL SKILLS TO TAKE EXCALIBUR TO PRODUCER STATUS"

    "SEVERAL NEW APPOINTMENTS ARE IMMINENT"

    This is a very positive step forward IMO

    Drilling at competitive rates and
    Operational Mine Management Plan is being completed and will be lodged shortly

    I would have expected that the market will react positively to the strengthening of the board and the lodging of a mine management plan with the NT Govt. Might upset a few s/t punters but who cares LOL
 
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