RE: CH8 Aug 2018 11:10
Since the AGM, CH has been chastised with regards to fundraising through further dilution. Since all the monies to date have gone on wages and running costs, dilution is our only option to bide time for permits and restimulation of both wells, unless a suiter steps in and rescues us in the meantime. I guess this is why CH has given up. (Unsure where CC fits into all this right now, but the guy needs neutralising). The time has come for us to appoint an elected caretaker major shareholder, until a replacement CEO can be found. We need an EGM asap.