Iceman,
Of course the announcement was timed to help get the placement over the line. The update on testing was due and was always going to be needed to help people make their own opinions on the placement.
Everyone has to make their own minds on this one. I don't agree with your general asertion that the funds will be wasted as Kain can't be trusted ie: go to his renovation.
I happen to think that this company is finally starting to turn the corner. Between the first commercial gas coming on line (albeit in limited quantities initially), further testing results due on a number of fronts and the SRR shareholding promising to deliver the goods, I think the company might just be starting to produce the results many have been expecting for some time.
A long way to go and the shareprice understandably is not moving off it's base yet, but in 6 months time, this may seem like a bargin. In my mind at least the downside is factored in. In my opinion we can only Finally go up from here.
Angus1
NEO
nuenco nl
