Trading Volume query, page-9

Spec.

I know that most will not want to hear me say this but, this COVID business will be a real test of management now.

Will they spend the money they have on exploration, to keep the holders happy, or will they bunker down and save the cash for keeping their jobs going?
If COVID goes on for years, which I think that it could well do, then they will need all of what they have just to come out the other side alive.

I feel confident that David would have gotten the company through, as he did since the collapse in 2008, but the shareholders will want more results after putting in new management. He was not very exciting but he was cautious and that is what is needed in times like these.

I have decided to stay out as I don't think that the new management are proven enough to have me trust them with my money at this traumatic time in history.

I have invested the money from PIO into a company that I feel has a lot more potential short term.

All the best Spec and drop into PIO on occasion for a chat. We have not always agreed but I have always respected your opinion.

Lockitt