This latest SPP is just a replacement of the last, that failed, then they failed to place the shortfall by the 12 July. So they are back at it again scraping the barrel for anything they can get and thus will give them another shortfall again in case something positive falls into their laps.
Must be extremely humiliating for management considering their once stellar ‘pedigrees’, their fellow peers will be laughing, subtly, at their ineptness in all of all this, not to mention the desperation of it all and the failed abilities of using their ‘reputations’ to gain any financial support to move forward. Other than asking shareholders, which is even more laughable as we know where most seem to stand with their opinions on HC.
PRL Price at posting:
0.3¢ Sentiment: Sell Disclosure: Held
