Originally posted by sailfish
Who says or can confirm that they are not “lying” about cash in the bank too???
I have seen some unbelievable stuff on the asx, if they can get away with lying about deals they get get away with anything!
The asx police so to speak are toothless.
I remember a junior gold stock a few years ago did just that, I lost big because the gold run had just started and they were saying production was up and plenty cash in the bank pluse production costs were down; the next week they were in voluntary suspension...
I’m not saying that’s the case with ESE but don’t trust everything you read, this end is speccy end Of the asx.
I would like ESE management to put out an announcement to the asx confirming the agreements made so far and explaining why the previous agreements didn’t show up on the balance sheet; surely they can at least do that?
I wrote to them about putting out an announcement to confirm the agreements and about doing a presentation but didn’t get a reply.
Hard to know where the bottom is, the selling seems to be relentless regardless of how low we sink. Not game to buy more at this stage, but surely at close to cash backing we can't go much lower
