Couldn't agree with you more. They took our money and put it into somewhere where they thought it was to be a better use possibly somewhere in the NA's operations.
Now shouldn't have they kept that money in Australia and use it to do something about starting Roseby instead.??
IMO they should have and we could be on the way to start something here. Now instead we have to start from the beginning all over again and to go cap in hand.........................................HOPING.....
That amount of cash could have got us well into the beginning of this long story of getting this mine started, BUT.....................
In closing consider this. if we were to have that cash which could have very well amounted to at least 10 or 15% of the total capital required to start the mine here, chances were that we could have easily found someone lese willing to contribute to the rest of it and/or even into JV or an offtake agreement. Now we are left with a shoe on a foot and a thing on the other.
Talk about being sold a pup. And the market is telling that very same thing too with the current price of our shares.
C6C Price at posting:
96.0¢ Sentiment: None Disclosure: Held