I too am concerned by the recent 3 resignations, 2 of them from people involved in finance.
There is a complete lack of transparency. The BFS was delayed a numbers of times and during this time the company has been saying there are strong interest from financiers but now need 3 months to evaluate the offers.
I strongly believe there will be more delays with some half baked reasons given.
I am concerned this project is being deliberately delayed, for some undisclosed reason they appear not to want to make a commitment to begin this project and investors are not being advised why.
The BOD is supposed to be working for the benefit of ALL shareholders.
EAR Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held