Deano that's right!! Anybody that believes that this company...

Deano that's right!! Anybody that believes that this company will get to $2 is really dreaming. This rights issue is only benefitting one person and we all know who that is.

I still can't understand why he didn't buy shares on market spending a couple of million to push the price higher then exercise his options and then the company would've had twice as much money as this so called fantastic rights issue. This path would've been a heck of lot better for existing shareholders and the company would be in a much better position going forward with less shares on issue.

This management team have been really lax with the approach to moving this project forward. To still be dewartering the decline nearly five months after they said it would be finished is disgraceful.
Also, why haven't they advised they would need all this money to finish the process before?

David and Andrew have really failed to deliver any concrete benefits to people whom have believed in the Poseidon story. They are just one of many directors whom control companies and treat shareholders with contempt.

Disgusted!!