The main rampers sold out on the spike in Jan...
Those Rampers were very good, they came across as very knowledgeable, connections with top 20 holders and were constantly talking to the BoD......
They of course are now gone and we have a newer breed that are no where near as competent....
The presentation was a rehash and with the miraculous satellite picture picking up a very exciting(Brad mentioned excited over 20 times lol) 100 new targets to aim at??????/
WHAT, 100 new ones, wow what about the 40 he was soooo excited about that they haven't touched?
The NEW geo is not as conservative as the ones in Canada Brad said, is he hoping for a rerate on tonnage from another opinion?.....possibly
LSI is there to g/tee their part in the term sheet B rad said, also if they get the tonnage then he will look around for the best deal.......Then why trigger the LSI funding now?...hhhmmmmm When if they do find the tonnage then the flood gates would open, just shows the lack of faith in his own operation....LSI is a survival mechanism imho...
They have literally no idea where to grill next, Brad going out there next month and looking at the new targets with other members is screaming out that they are literally starting from scratch on where to drill next......
$2.2m in the bank, after the next drill session means they wont be far off needing to look again as to where and how they raise next......
In the AUDIO Brad said he would like sophs to come on board and stay to stabilise the sp.......
There is not one, i repeat not one interested in putting a dollar forward into this investment.
Brad has very Close allies holding a very large portion of the voting rights....Deem this how you want, i find it very alarming especially with LSI now involved moving forward..
All hopes now pinned in the short term for the new geo(avz) to work some magic with interpretations, im sure this will help if marketed correctly but only the tonnage will make the difference....
All in all a poor presentation that just screams of desperation.....
The slide to 1c will come sooner or later...
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The main rampers sold out on the spike in Jan... Those Rampers...
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