PRW 0.00% 0.1¢ proto resources & investments ltd

re: Ann: Drilling Commencement at Lindeman&#3... Director...

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  1. 1,126 Posts.
    re: Ann: Drilling Commencement at Lindeman... Director propping up the share price? PRW must be in the top bracket of worst performing stocks on the ASX this year. Why has the yearly return on investment been minus 60%? Reasons:
    - Nickel price casting Barnes Hill feasibility into doubt
    - Very low cash. They have been tight lipped all year so the large investor gets their placements at a low price. As a result no $4 million funds from PRWOB.
    - Seems like they are spread too thin - always aquiring more projects, but they will never have the funds or resources realise any of it.

 
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