The approval for drilling was granted on the 6 of July ...prior to that the drilling program was finalized on the 16 of June ....they have called for tender since may or June.....what the hell have they not started the drilling ....
First and foremost management and boards duty is to protect and enhance shareholders value ...that's the no 1 duty listed . ..already failed badly and hope somebody will take over these incompetent persons.
They could have took some profits trading and selling at the 2 to 3 CTS level during the Dec / Jan period together with their writeup by company everblu at 6cts to the investment public. ...well let's see what's their next move ...there should be very low interest in the coming cr unless they do something right away. Or they manage to get some investors to do a private placement ...that's why the slow ramp down in the sp. A bunch of you know what.
There should be some news coming ...soon .
Just my assessment of their moves taking into consideration the prospect and situations are the same as start of 2018 .
VIC Price at posting:
0.6¢ Sentiment: None Disclosure: Held