It is an attempt to reduce costs and remove unmarketable holders. I do not see why people think this is such a bad thing.
As for progress, we all know Botswana is in liquidation hence no progress there, and we could have had a project acquisition but this was declined by the business which I recall you very much wanted to be rid of. Yet here we still are. Don’t know what you are expecting.
So until the next opportunity (for acquisition) arises, there won’t be any real news.
SI6 Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held