Ann: Protean Build Update, page-47

Agreed with Sharks. There could be NOTHING and I repeat NOTHING worse than doing that.

Short of announcing the Uranium assets have been abandoned or Protean is unworkable.

If a few weak hands play themselves and the company is not confident of their value at the offer price, well definitely we have much bigger problems than a retrace or downtrend.

We are not finding new lows here, just retracing old share prices.

The realistic point here is to ask, what is the value of the existing assets.

The last big price run was around the time (I'm not saying it has any relation) of announcing participation in the Wave Energy Prize in the US. That was back in April and lasted quite some time. Now we've had an announcement that the same amount of money has been DIRECTLY AWARDED and we're seeing an SP retrace? Huh?


Opinions only, DYOR.