Agree with possible 50-60 c sale price but i think the directors and esp JC really does not want to accept a price that low. But what can you do there is no current production and no large reserves. Perhapes the board aren't all exactly happen with each other atm? I mean JC has a lot more staked on this one than some of the others who are only fingers in the pie.
One thing no one has talked about is director buying, there has been none? I also would have thought there would have been more buying in general if this was so straight forward.
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