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Totally and i havent had a look for over a year after the last...

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whallm

849 Posts.

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21/07/16

21:02

Post #: 18331708
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Originally posted by milesy ↑

So sorry for shareholders here.

History just repeating itself. I remember correspondence with a director last year when a cap raising took place when they appeared to have enough cash. I couldn't understand why they didn't finish the drill program first and if the deposit was as good as they were spinning, then the CR would be well received at a higher price. Drill results never published. Go figure.

If the MDL is in the bag, why not wait for the approval so shareholders know their funds will be put towards development rather than the 'hope' of development. A huge difference.

And the spin....trying to make it sound like they are rewarding shareholders by having to stump up more money or be diluted to crap. I bet when they thought up that final sentence, 'We are putting in maximum effort to ensure that our good wishes for you become a reality.' that it was a piece of literary genius. Existing shareholders must be thinking, 'surely you are taking the piss?'

Really....nothing has changed, except a whole bunch of new investors are now feeling what many, many past shareholders have already felt. Let down.

Milesy

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Totally and i havent had a look for over a year after the last fiasco and come back for a look and its great to see @HappyCats still banging on....

QBL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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