The 3 months has expired since the announcement of the MOU with Proreka on Feb 15. Did the JV with Proreka fall over or are they using the 60 day extension option?. It would be nice if the MD was to update us on this. Anyone heard anything?.
The SP has fallen below last placement price of 3 cents albiet on low volumes so that is of some concern. Normally the MD buys to hold up SP but perhaps he is overseas at present. Just hope he can get this JV signed to bring some buyer interest back.
ATJ Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held