yeah failure here will be another black mark on the company as it looks to raise further cash next year.
I still cannot get over the lack of director support for the raising. It makes me intensely nervous about our prospects in W.A. However, i do feel they are playing the game here - wait for results, then decide whether to commit or not. I think that tactic is obvious to all that look at the scenario. These blokes are loaded, they could participate... but why now when you can de-risk your decision after the event!
very slippery tactics from our representatives.
i dont know what the drill schedule looks like, but if the one liner announcements are correct, we are on track. Just a painfully slow hole to drill it seems
i hope our patience, and considerable capital, will be rewarded one day. dreaming?!? i hope not :)
KEY Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held