UH OH -, page-5

I agree that the sp looks grim. However you need to appreciate that while I was viewing the mine late last year they were interviewing Fabio Granitzo for the role of exploration manager. Fabio had flown in from Saudi Arabia for the interview. Now why would he uproot his family and join a company that had no future?

To the best of my knowledge no one has resigned from the Italian based team.

My view is that Alex will see this through to the end. He is a wealthy person who has a history of success. I am sure that behind the scenes he is canvassing financial investors and/or JV partners. Its not an easy task. Give him time. At worst the company may go private and shareholders will receive something (small) in return.

Yes a capital injection will be required if delays in seeking funds continues. Fingers crossed.