Looks like we're heading back below 30c. We could be touching 20-25c range before all this is done, maybe even lower...??
There is nothing to stop the bleeding. What positive news could there be? We have no hope for a mining permit.
Our management deliberately walked away from a uranium mining permit in 2022, without informing shareholders of their plan to do so. They deliberately left our only asset stranded, inside a uranium mining ban.
So now we have a stranded asset, with no hope of mining it.
Our management also never completed enough drilling to build a JORC reserve base. And they never completed a DFS, so we have no bankable assessment of metalurgy, capital cost, or economic value. We have achieved nothing in the last 5years, we gone backwards. Why??
Instead, our management seemingly gave up on uranium, and wasted millions of our dollars exploring for gold & nickel, in a failed attempt to change the company into a gold/nickel explorer.
And after all these collosal failures, our management has not been replaced. Not even reprimended. Instead, they've been rewarded for putting us in this position. Help me make sense of any of this??
They must think they're gods now, untouchable. Who can stop them from continuing to make decisions that end up delaying this project's development?
This is just weird.
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