Poor MGMT and Poor Investments To Grassy whomever??Nice Try with your Three Posts - I am shaking in my boots, as rspects your comments to try and silence opinions and paint a "Rosy Scenario". Its A Joke, in my humble opinion.
Bottom Line, in my humble, MGMT has made a poor or otherwise Bad choice in electing to pursue CVG, the project is very difficult and costly, which is revealed by MGMT comments that they need to raise over $10 mil plus, add another 20 to 30% to that figure as a cushion for over runs as we have seen with many othe projects. In my humble opinion.
I keep asking how are they going to raise such funds at this stock price? in this negative Resource MKT? as well as a major share holder, FNR, has financial issues and cash issues, refer to their press release on this subject.
So Grassy, answer my question, you seem to keep dodging the question and try to scare people, How are they going to raise the funds to bring CVG into production. Answer the question, rather than wasting time making Pasted foolish Posts. I challenge you to answer the question????
OMM MGMT, which relates to EPL's MGMT, use to be very good but, over the last 12 to 16 months have made some poor choices and poor/bad invesmtnets, CASH is King and in this MKT it is the Best Asset Class, not to be wasted. In my humble opinion.
As far as OMM it appears, unless they can raise the $10 mil plus, in this MKT, is Dead in the Water for an investment., in my humble opinion.
Tim and his MGMT team need to return to what made them good and made investors $$$$, they need to rethink and get out of this CVG deal and put money into good projects that are not high risk, in my humble opinion.
All in my humble opinion.