ROS 0.00% 35.0¢ red october resources limited

Ann: Akjilga Raising Unsuccessful - Executive Dir, page-9

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  1. 629 Posts.
    re: Ann: Akjilga Raising Unsuccessful - Execu... My job for the next couple of weeks is to ascertain the position ROS is currently in and what it's opions are to move forward. We will not be back on the board for some time yet. Overheads are being cut dramaticly as the cash position is considerably below the $1M mark as best I can see at this point. There is a considerable amount of house cleaning to be done along with regulatory requirements to be completed. The company will keep the market informed regularly as we move forward. On occasion when I can, it is my intention to converse with those interested thru this forum, keeping in mind that specific questions relating to the company and its operations may be off side for me to discuss due to ASX/ASIC rules and regulations. Regards Norm
 
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