That investor presentation cost us about $1 million dollars in salaries!

I'm a little surprised they haven't rationalised the white shirts in light of the transition from developer to explorer. I expect that either they will announce an investment with a clear pathway from appraisal to development, or they'll cut the chaff mid year. It's a little embarrassing seeing all those happy faces given the current focus of activities within the company.

On a separate subject... correct me if I'm wrong, PSC now has new substantial holders of stock, presumably looking to arbitrage the share price based on a tax advantaged position. I'm in interested others thoughts on what these substantial holders do with their stock when PSC officially becomes an exploration company. Are they really interested in holding the stock after payout, or will they be relentlessly selling and thus holding down the share price for the foreseeable future?

Check out this resource size comparison image from Jcapital on FFX

https://hotcopper.com.au/attachments/9-png.4210400/?temp_hash=f0b87f61132a383b4cdbd11005f5c375


https://www.jcapitalresearch.com/uploads/2/0/0/3/20032477/2022_03_23_ffx.pdf

Check out the MC of SYA & CXO !

I wrote to SH outlining my concerns & wasn't impressed with the reply . I also wrote to the ASX Perth listings compliance branch with my concerns & asked for advice , & was told to look at the companies latest announcements ! Completely pathetic response . I sold out after that . Losing this project is an absolute travesty for shareholders , & I won't touch PSC version 2 with a 40 ft barge pole