Getting very nervous here Max. I believe this is the first time for a long time they haven't reported at the end of the month after the end of the Quarter.
Earlier announcements suggested they were basically broke and counting on the goodwill of the Chinese connection to pay for everything. They have cut back hugely on expenditure by the sound of it but they didn't have much cash at bank to start with. Based on previous form I am fearing the worst........
The miracle I've been awaiting for about 4 years is nowhere to be seen. Absolutely feeling the pain of all holders.
The only positive I can see is that the Chairman and associated entities have apparently contributed significantly so that money is at risk too, and maybe he sees that there is an upside somewhere in this unbelievable mess.
NET Price at posting:
1.7¢ Sentiment: None Disclosure: Held