"Again the Naysayers are hard at it, what a lost cause they are" You reckon I should be cheering? Not much to cheer about, same strategy, no market support, no broker support, founding holders restless. Tony Alston selling at 40c in the dollar, bet he was chuffed.
REE spend 50k including travel, a bit of analysing then fly to China and tell them where they're going wrong. I hope it works but don't expect anything to come from it.
Exploration, again hopeful but market not interested. The trading halt was not warranted for those results.
The M&A plus dilution, what type of distressed project are we looking for, at what price range, which commodity, what share price will scrip be issued at? Lots of questions and a punt on whether management can turn something around, cash burner or company maker?
The share price would probably be languishing near 5c again if there was no challenge imo.
KRB Price at posting:
7.0¢ Sentiment: None Disclosure: Held
