Another Capital Raising at 0.054, page-10

Yes it is quite incredible that institutional investors keep propping up this mine. You have it exactly right, it’s not their money.

Retail investors with a modicum of analytical ability can and have seen that this company has been in trouble for a very long while but the people who control the purse strings at the big end of town will just keep feeding other people’s money into this company with no due diligence. It’s quite shameful.

This will make it $144 million raised since February 2016.

The previous $132 million has now been lost, what makes anyone think that the next $12 million won’t be lost as well.

I’d be thinking carefully about that before I’d consider buying this money burner of a compnay.

Would any sane person take $132 million and feed it into a burning fire. Apparently the institutions that we leave in charge of our savings have no problems making that decision. Madness. Esh