novo resources announcement, page-15

Don't expect too much from this mob.

There management of this company so far has been woeful at best.

And despite having numerous opportunities to raise sufficient capital over the last 18 months to pay down debt and fund exploration, they held off until now when they tell us they need to virtually give the company away at 3 cents a share. Blind Freddy could see the problems with the cashflow along time ago, but no one on the board or in management had the foresight (or motivation) to do anything about it. I personally did raise this issue with management via emails.

At this stage I'm not sure what could drive the price of this one, given the company itself values the sp at 3 cents.