If management want to raise capital from shareholders they will have to start sharing their vision and start telling us more openly about whats happening and whats possible if they were well funded.
My vision for the business was never to shutdown and sell off the assets.
In my view the business should continue as a going concern.
We need a decent dividend to use up franking credits and reward holders for their patience. If the PHES is only worth 20m then in my view we should drop that idea and then concentrate on getting UG mining at Nugent and under the pit up and running with the $ coming in from the stockpile in the second half of the year.
I would love to see some numbers on potential revenue and costs for a UG mine, including initial setup costs. Nothing from the company yet on how much so far.
Where is the leadership?
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