Ann: Quarterly Activities Report for period ended 30 June 2017, page-13

Good one Senoj, thumbs up. The reality is we are way past 'serious buyers'. The only people buying now, regardless of how deep their pockets, are people who think they can catch the falling sword and bottom feeders.
We have been constantly advised by the company that LD is a tier 1 asset. Hoe come then that the other assets in the same field, presumably less than tier 1, including the one we gave away, are worth 3 to 4 times more than we are?

Philadelphia Phil, one of the worlds best punters once said, 'good horse good jockey, good bet. Good horse, bad jockey, bad bet.' In small cap terms 'good resource, good management, good bet. Good resource, bad management, bad bet.' If we have a tier 1 asset, it is a good resource. What reason could produce such a low sp? You don't have to be Einstein to work that one out.

Unfortunately some people reading this will think that I am having a personal dig at the Doc. I'm not, I don't know him and he may well be a good fellow well-met. I know that he has a number of valuable skills, running a company is not one of them. The proof for this is; the day he resigned as CEO and the ill-fated new one was announced, the share price rose. What a slap in the face that must have been for him. He gives so much of his life to a company, and the day he resigns the market is happy. When it was rumoured that Steve Job was retiring from Apple the sp tanked.

Meanwhile good decent folk like Manassa and Panda are taking the opportunity to buy, or saying it is an opportunity for the patient. (I would think holding for over 6 years would qualify me as being reasonably patient.) Unless they know something the rest of us don't, then this is just more of the blind faith which got us all into this hole in the first place.
The hope for us all now is that we appoint a CEO who can talk to the market, and do deals. If they can do that, who knows, some of us may even get to break even.