In my honest opinion after thinking about it all i dont understand why such a massive sell down. I dont think its the end of the world because first round drilling wasnt successful.
Im cool as and i cant wait for coal drilling next year. We are a new company and cant expect miracles in a couple of years. Judging the stock on punters killing the stock is wrong. We look shocking at this price but we have coal and cant wait to start drilling on it.
Im happy to have a raising with one investor who will hold stock rather than do a placement with holders who will be out the door after a 10% profit......coupled with escro shares would you imagine.
Smart from boris NOT to come to us holders who would kill this stock like we are right now. 7c is a prime example why boris is not coming to us. Smart man. Vision for future. Dont judge our projects in 2 years.
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