Yep Mojo, this will run when they want it to as did PDY. But once again it shows management are only there for themselves and have little regard for shareholders. They have enough money to loan $500k to ? but then dilute the company big time at 2cps with a cheap option. And even think they deserve some performance options for kicking the shareholders. How about buying on market and putting some energy into getting the sp up through genuine performance. I would have thought getting paid as directors should be enough incentive to try hard.
As for YRR, will they release any results before milking that for all its worth?
CL. a 708 maybe the easiest and quickest way to raise money, but in this case there is no need for money. At least not before results are out. They've done very little since listing, now there's a rush to get money, at the same time they're lending it out?
New projects? Good news if genuine arms length deal, otherwise more rip offs like before.
AGU Price at posting:
2.4¢ Sentiment: None Disclosure: Held