Sunnysnake I think all holders are feeling a little sore right now with what has transpired; I wish I had done a little more background research before I dipped my toe in the water here, but I certainly wouldn't point the finger at the rampers on this stock, nor would I blame people like heron12 or investorpaul.
There were warning signs early on that we should be mindful about in our future investments, and I wish your luck with yours.
As for ROS, I think Ross Smith could make something of this company, further down the track but the fact that he and his small team failed to raise cash when it mattered will be a major setback.
We are possibly down to a million dollars in the kitty and with nothing to show for the last five months efforts, so the question is, where do we go from here, and most importantly, can management get a small cash raising away to keep us going while they find another asset to stir the markets interest?
There was talk early on of Potash and Tin...perhaps ROS will get a new following on the announcement of either or both?
I do have a concern that this breach of covenant could actually sink us, or at the very least, cost the company $2 million, so we have more to be irritated about than the musings of investorpaul and co.
DJ
ROS Price at posting:
35.0¢ Sentiment: None Disclosure: Held
