Unfortunately the top 2 shareholders are basically represented on the board so there's no chance minor shareholders (such as us) will have any say.
I was warned about investing in this stock due to the nose in the trough history of some, but unfortunately didn't listen.
We can now see SXY does not give PGS the time of day (ie PGS only finding out about Sprigg-1 duster via SXY quarterly) & I imagine PGS is having the same problem with ORG situation. I think it maybe time to either bail or put them in the bottom draw for a couple of years.
The board & MD are sitting pretty on enough cash to paid exorbitant costs (for a tiny company) for some time, while all the need to do is sit & hope SXY hits something, if & when they drill again. Six board members what a joke !
PGS Price at posting:
1.6¢ Sentiment: None Disclosure: Held
