Okay, I’m sick of this. Let’s discuss why Cancet isn’t being drilled. Options:
1. They have info on it that we don’t suggesting that it isn’t as good as it seems - this option is highly illegal.
2. They realise they should have drilled it immediately and are now waiting for a turn in lithium sentiment - maybe but I think I’m just being hopeful here.
3. They want another valuable asset before drilling it in case drilling reveals it is not as good as first thought - maybe but probably not considering the market is now assigning no value at all to Cancet anyway.
4. They are too lazy and would rather just buy and sell land while collecting salary from being on multiple boards - sadly this seems the most likely.
5. They are deliberately running the company into the ground to take it private - seems unlikely since it’s not really in their best interest and could achieve similar results while remaining public.
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