It was almost a year ago that the directors put their hard earned on the line by loaning money to the company money to continue drilling. Now they have agreed to extending the repayment of that loan AND postponing any payment of wages to them in the near future to keep this company going. Big show of faith in my book. Great to see the litigation is over and I hope now this will allow management to move onwards and upwards with progress towards securing funding for the second crack at those elusive G sands!
BYE Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
