Was that pretty much a copy and paste of the last 10 years with a spelling mistake in the first paragraph? I thought it would be an ask for more money but at least the last sentence says they are 'fully funded presently' so that's about the only good thing after all the paragraphs and paragraphs of padding out and waffle stating the obvios over and over again.
Not directly linked to Clon but a reasonable read none the less. Could do with Clon pulling their finger out on both oil and lithium, been a slow slog with them.
Seems like the ball park fig for this share will be about .35 to .40ish for trading. I wonder if it will drop back to the historic low of about .22 or ever reach the heady .6s again.
Rock may have massive asset value but so did SXX and look what happened to the majority of local investors there who lost their pants and more before a drop of the good stuff even came out of the ground. Just be wary i was an idiot again buying at 1 the other day as the average does seem to be about .8 generally with a yoyoing effect which i was aware of, that'll teach me to take a punt against my better judgement.
Only cash seems to be able to pay wages ? Surely nothing to buy or progress anything? Surely if everything was hunky dory the contracts would have been sold on.
Oilman, You did you forget to add an 'if unsuccessful' scenario? I hope it comes good as I have enough shares here held long term and some for trading.
Mr T just seems to be trying to dangle 2 more carrots with Chad and Nigeria. To quote Mr T "Exploration companies live on hope and optimism.", I think he means the shareholders rather than the Co.?