CRO 2.33% 8.8¢ cirralto limited

projects, page-32

  1. 755 Posts.


    Rocket,

    A board needs to be made up of people who are capable and have the expertise to make the correct decisions of going forward.

    We ALL agree that this company needs to get back on track and go forward or wither on the vine.

    The directors decide what they want and do not take into account the economics of business in the public sector.

    To get a Mining, Oil Gas, exploration deal into MOT would cost us all dearly.
    $1-$1.5 million would be needed to do chapters 1&2.
    $12million would be needed in first 12-18 months .
    If a non mining co. or investment company share consolidation would be mandantory @ .20c. share. Thus diluting All of us shareholders hugely.
    1 in 5 if they raise the required funds and pass chapters 1& 2, are lucky to make the grade, thus the SP heads south rapidly.
    The above are the main reasons why I and a large number of shareholders do NOT accept the change from our current sector.
    CBOX was profitable, is profitable and has the capabilities to grow in the very near term and thus return the SP to where it deserves to be.

    IMO DYOR


 
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