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rj stays., page-3

  1. 23,545 Posts.
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    Sorry Geo, you still miss the basic point. RJ has stated categorically that he will not drill without a sale contract or an agreement in conjunction with exploration. It is in white on green on pages 2 and 3 of the AR for ALL to see.
    He is doing the complete opposite to the likes of BOW who are drilling and hoping to sell, instead he is trying to sell THEN drill. He goes on to say the investment in drilling CANNOT BE JUSTIFIED without a market!!!
    He cannot make it any clearer and he will not change and the full board supports him. Also has the majority of shareholders on side. So, frankly, if you can't accept that POLICY you really should save your energy and follow one that you do, because YOU are NOT going to change RJ's policy.

    I'd be the happiest bloke in the world if we had BOW's market cap NOW, I just think that we will have that sooner than later. Just a completely opposite philosophy but probably ending up at the same market cap. In fact, I much prefer the RJ policy at least we are not wasting money IN HOPE and not continually diluting our capital with continual CR's.

    We are not going to change that so give it up and enjoy the scenery because you are not on a very fast train.

    If you want some excitement go to the casino next door to ICN's office because until RJ gets deals done that is the only excitement that you are going to get from the Gold Coast.
    I'll ignore that you ever mentioned CKK, otherwise how can you be taken seriously?

    The SP is looking decidedly firmer, so just take a cold shower and enjoy the next few weeks like I think we all will. Life too short!!
 
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