Sky11. Let's just say that this hadn't happened. Let's start from the announcement that we had been granted the new lease agreement.
What then??? What???
In perfectly simple terms, management would have come to shareholders raving about how good they were to get that agreement and now let's get stuck into that HIGHLY PROSPECTIVE' new part which is the pot of gold that we have all been waiting for for so long.
But, guys, we haven't got any money and we are waiting for the fertilizer company to re-open and to agree to buy our gase from stage 1 as previous. That income, when (if) it started, as we all know, was a nice LITTLE earner that at least kept the company (management) going!! Nice, but, not enough to turn us into that huge company that we now have the opportunity to become!!!!
But, we have no cash!!!
We will need to raise at least $2 million to start planning the exploration programme and to get that huge asset out of the ground we'll probably need another $5 million. Sure, there is a risk, it has huge geological challenges and these will need to be overcome. But, just think how great we will be WHEN that gas comes out of the ground.
Join us on this exciting opportunity which is very rare for an Australian company in this region. They LOVE us here, let's repay them with a 100% effort. Prospectus is on the way!! See you at the EGM where we will be providing tea, coffee and Monte Carlo biscuits for all. P.S. trying to get a representative of the Indonesian government to come to tell us how lucky we are.
But, again, we haven't got enough CASH!!!!
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8 | 19977777 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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