The quarterly highlights my concern... yawn! The lack of progress over the last four months has been disappointing. Cash position also weak. High admin costs (would be interesting to see the breakdown of these 'admin' costs), not much being spent on actual drilling. It's been raining since March has it? You'd think such extreme weather would be in the media.... I think the more likely situation is the first lot of drilling results were terrible and the rest has been smoke and mirrors while they work out a way forward.
I am still backing this management board- I hold in anticipation of good news by the end of the year, otherwise jumping out. Good luck to all other LOD holders.
LOD Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
