Management has about 6 months to deliver something that restores...

Management has about 6 months to deliver something that restores credibility. I would guess that they might need the support of one or two institutional investors, which will mean that they will have to have a convincing story. Part of that story will be the discoveries at Toggenburg and at Guchab south but they refer to only one drilling rig and they won't be able to JORC both, perhaps not either in the time available.

The other part of the story might be the dilution of the controlling investor, along with us, and the running of the company on a more transparent basis.

It's too early to speculate on the value of what they have found but, even after heavy dilution, it could be very much greater than the current market capitalisation.

There is nothing that we can do other than watch and wait. It is ironic that the ones trying hard to dig us out of the ditch are NOT the ones that put us there in the first place.