Thanks for that Boiler. Rather informative. Your post highlights the lack of communication from the Board to shareholders even accepting discussions could be delicate. Especially since a written statement of reporting to shareholders within the next quarter is several quarters old. It highlights the ethics of Boards as a whole in regards responsibility to those who provide the capital.
This should further be viewed in the setting of future directions of the company, let alone reduction in capital in the interim, that seems to be financing consultants. Your point about reducing expenditure and conservation of a positive financial position provides hope and at least some confidence in the Board, given the Board's ability to rationalize the company's position and perhaps bring to fruition a more productive future.
CGA Price at posting:
0.1¢ Sentiment: None Disclosure: Held
