proactive investors one2one investor forum, page-3

So again my question...Why???

This does not make sense to me if there are no commercial opportunities to pursue.

Cash on hand as at 30 Jun 2011 - $7.3 million
Cash on hand as at 30 Jun 2012 - $885,000

$6.5 million gone in 12 months...for such a small company???

All spent on exploration expenses (which may be fair enough) but now we hear this will be put on ice as it's not feasible at the moment. So all this money spent on something which the company is not going to pursue and which we will see no benefit from. Where was the due diligence done before all this money was spent? Were the economic conditions more favorable for this operation back then than what they are now? Seriously???

And nobody asks why? Says it all really...

If you don't speak up, nothing will change....