"There are other threads for other companies where in one this was called 'the Lind death spiral'."
Lind is a New York-based alternative asset management company that manages a family of funds that selectively invests across a broad range of industries and economic environments.
The team at Lind has been active in the Australian market
for several years with past investments into KBL Mining Ltd, Legacy Iron Ore Ltd, Citigold Corporation Ltd,Carnegie Wave Energy Ltd,Minera Gold Ltd,Panterra Gold Ltd and Australian American Mining Corporation Ltd.
http://www.asx.com.au/asxpdf/20130308/pdf/42djnvy7lsw1kv.pdf
Its not all doom and gloom.
We have a confirmed "shallow" oil column,we will get the TAPIS oil price.
We have a means to pay the debt off,no doubt at some stage there will be a share consolidation,this should not be feared but welcomed IMHO.
Oh to have the luxury to wallow in self doubt and pity.
Raider
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19 | 25757561 | 0.002 |
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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