My feeling is that confidence in management has been dented and so I don't expect them to be overwhelmed with the spp.
They are concerned about getting it over the line enough to place that massive prop buy at 10c in order to support the share price.
Too much flip flopping on projects of late. I see they have now trotted out a gold project on Kangaroo Island as well; why wouldn't you when gold has pushed through $1000!
The deal with OMH is a start in restoring some cred. IMO they need to firm up one of their projects soon. Not enough focus here.
I am still holding a few from the halcyon days of the Punt Hill drill. What happened to the euphoria over that project?
MOX owes me nothing, and not expecting much either.
Happy to be proven wrong.
spp will be massively scaled back!, page-3
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