RE:RE:RE:RE:The pumpers sucked you inMy expectations were tempered and it has basically met them and I agree with your comments. It looks like the SP is not going to escalate short term but I am pleased to know that all the bashers should have no reason to stick around now that they have "sold and moved on"!!!
juro777 wrote: They raised ~82m (bringing their cash value to ~100m) at the cost of 25% more share float (rough numbers) and were able to conservatively increase their resource size by ~35% (141mlbs vs 105mlbs) with just over half that money (~$40m remaining). On top of that, 1515W was discovered which one would argue is the most promising on land zone.
Summary: cost of 25% more shares for return of a conservative 35% resource increase with more money remaining to expand promising zones (1515W).
I get that it didn't meet your expectations, but is that not value creation? What's your definition of value creation?
Boscoe2015 wrote: I did the same. This RE confirms my trade. The salaries, PROMOTION, and drilling have not created shareholder value. This is fact. Glta longs .... especially Dhurambi... take the loss my friend and move on. Jmo.