Amigos, all is quiet on the western front. In the short space of a couple of months there has been a capital raising, resignation of the managing director and restructure of the board. The quarterly report discusses plans ("What next?" on page 5), using words such as "proposes", but no timeframe is given. I'm guessing that the company is waiting on the new team to make decisions before the exploration program is restarted. Has anyone got any views?
SCI Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held