Sounds like a few hitting the panic button.... hit it again if...

Sounds like a few hitting the panic button.... hit it again if it makes you feel better



Not ideal to have to pay that much out in one quarter to directors.... I agree it is not a good look and I also didn't expect them to chunk out so much in one hit. They could have provided a little more detail - but it has been provided in the past for those who wanted to see it. I'll be honest, I missed it. The hint was in the first picture below....

More info from the rights prospectus:



Total liabilities:



Amount owed to directors:





Still a bit of a wait for drilling/exploration works to begin. Once March/April hits, news flow should increase - they have some promising targets by the looks.

This volume can't be ignored, will be interesting to see if any sub holder notices come in soon. Maybe just a retail pump.... who knows - I'll try source some broker data.