Sheesh,
I nearly fell asleep reading the AGM preso. It's all been said before I'm afraid. To be frank, it was just uninspiring.
What I didn't like were the references to WLA. Reading between the lines, it appears to me that they are indicating they will struggle to fund the drill at present capex. According to the preso, they're "reviewing alternative lower cost development solutions". Dargie may have been right a few months back.
This company is turning into a pack-of-poo-ticket IMHO. I'm no expert but can anyone advise why the 3D imaging didn't pick up the anomaly forcing us to re-spud?
I've been a loyal shareholder to date but if this drill is a duster, I'm outta here.
Just sayin'
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- Ann: AGM Presentation - 22 May 2014
Ann: AGM Presentation - 22 May 2014 , page-2
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