Why vote yes2 Jul 2020 08:31
Just my musings, most long term holders bought in to this company for the Bahamas drill (Perseverance).
Yes its a gamble, but its one we have known about for a long long time, we saw an opportunity, we looked at Alan Burns (RIP) hard work and we thought yes its a risk but a calculated risk that we are prepared to take, what we (or I) didn't sign up for was for the BOD as soon as they get a bit of cash in the bank to run around buying Licences and indeed companies, we were focused on one opportunity, we knew the gamble but we were looking at high risk high reward, we were focused on that opportunity , what will CERP give us? .........probably more headaches and a drain on cash, I know its an all share deal but they are going to need working capital to ramp up production, if that's the case why didn't they go it alone and raise money? as I said just my musings