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I don’t think it’s a matter of not finding something - but more...

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BohannonsVest

6,027 Posts.

114

15/01/18

22:27

Post #: 30324827
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Originally posted by valvesound ↑

Its quite pathetic that these guys have not been able to find a half decent project in the lithium or cobalt space when so many other deals are being done every week.

Its obviously very clear, that the directors of the company have absolutely no clue what to do here.

Unfortunately given the nature of the top 20 no one has enough shares to push them out.

Whenever they do find a deal they will need to raise roughly $3.5 to re-comply with the ASX rules to get re-listed. No doubt these will go to all there mates are some ridiculous price.

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I don’t think it’s a matter of not finding something - but more a matter of them not really looking until it suits them and/or they’ve set up other pet projects.

CIZ Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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