they should drastically cut spending on cummins range imo, spend the $$ on the african project which looks good. market thinks they are just wasting $$ that's why cash is way more than market cap. i really hope they don't pay a heap of cash to nav for more of cummins range. admin cost are still way too high for a company this size, just burning lots of $$. i unfortunately still hold stock in this, free shares from that disaster of a company nav. i have raised my opinions with management and was told they have a mandate from listing to pursue cummins range, i would think working in shareholder best interested should override this, but then how much stock to directors actually hold. do they even care about shareholders concerns as they didn't think much of my comments.
KRE Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
