Good call Alt. There are a few reasons behind the consolidation....

Good call Alt. There are a few reasons behind the consolidation. Firstly Peter had to let most of our EL's go after the GFC and gold price crash the shares were sold down to rock bottom. He had to put value back into the shares so the aim was to consolidate and rebuild the company. ( I spoke to him about this as I wasnt happy at the time). He is now rebuilding the company and reacquiring both the old EL's which were promising and new EL's with potential. I know it takes a huge amount of work to be granted on of the EL's and although we have Andrewa back and Sinivit is looking good we may or may not get the other two. All depends on the residing government at the time and minister. Either way Peter has never put all his eggs into one basket. I have had many conversations with him over the year and believe he knows what he is doing. This is my opinion of course and you should all do your own research and make you own decisions. I understand that some of you are pissed at loosing your investments but we all had the chance to sell at 42c before the crash and chose to stay so we have no-one to blame except ourselves. I know I will be keeping a closer eye this time around.

good luck all

Dog