Maxam,
This company like many others out there at present, great opportunities but no cash and nobody with cash to farmin.
Very low cash burn and very few shares 50mil or so on issue.
Long hold but if they pull one off all will be good.
Gladstone I think is the one they are looking to to generate some cashflow for others.
They are clear on looking for farmins.
No chance of getting rid of board as they own most of the shares on issue.
Bit like a private company but if you are not too exposed then it could be a winner down the track.
I am well down on investment but so far down now not worth trying to save anything.
I will take the ride.
Cudeco1 - dyor
Maxam,This company like many others out there at present, great...
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