Obviously the BOD and therefore Dane have adopted a blackout...

Obviously the BOD and therefore Dane have adopted a blackout attitude to any communication at the moment. No leaks allowed. No comment allowed no matter how innocent.
That would appear to contravene the basic rule that a company should answer legitimate questions from shareholders.

However, if they have put up the shutters at the moment what does that tell you? Here are a couple of possibilities. Remember these are possibilities only.

• the BOD is not having much joy in convincing investors to stump up with funds so that they have enough to start drilling. It is taking a lot of effort.
• the BOD is having significant difficulty in getting a firm consensus on the value of tenements/projects that are on the books.
• the BOD is very divided and cannot agree on anything.
• the BOD is considering merging VIC with HDY and inviting TC back to run the show ......into the ground again
• the BOD is working on a cunning plan which is so cunning that it would make Blackadder jealous
• the BOD is about to unveil its March to Victory solution which will astound shareholders for its bold and imaginative use of company resources.

Yes that is the trouble when there is no communication to shareholders.....you begin to conjure up all possible dire predictions. Stick them in the bottom drawer and forget about them.