Hey QWERTY, Clee & Co seem to have taken the correct path for HDY and the Shareholders.
They could have walked away and let the ASX / ASIC delist.
The way I read the response, basically they have accepted and admitted in displaying ignorance in some wrong doing/s and accepting HDY would progress better with new board members.
Why ..? I feel we all have agreed the HDY have exceptional projects.
There’s plenty of money to be made with these projects just in gold & vanadium alone.
If ASX now accept the response, a partnership or joint venture will solve the problem of any credit raising and fill the board with mining industry personnel rather than accountants.
IMO, and I’ve said it before, when HDY commence exploration / mining its share value should be between 0.05 - 0.15.
DYOR
HDY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held