Something is askew, but I can't quite put my finger on it.
Why was this CR done! It's virtually wrecked AUROA by shareholders inferring from the raise that the BoD doesn't have faith in AUROA - take the money now! The BoD it seems has nothing else in the locker to get the SP up to get AUROA over the line. Thanks for nothing!!
The worst part though is the content of today's ann re Cuba and Orient. It's an indication to me that either the new CEO (yes, I have to blame him as he wrote the report) does not understand the priorities as seen by hardened, but faithful, shareholders or the BoD has lost the plot collectively.
BeeJaye is a relatively new poster here but has shown geo wisdom in that short time. BJ has summed it up very nicely by saying:
They have got the best looking target in the entire Bryah Basin at Wodger, on the cusp of a major discovery I believe, yet talk about Cuba/Doolgunna, Orient, etc
Sheesh!
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Ann: UK Mining Fund Backs Bryah Basin Exploration Push, page-56
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