your question about Lamalee is spot on - and i don't have the answer either... except lack of focus.
by the way - champion - nsr to fancamp is 1.5% - going down to 1.0% with payment of 1.5M to buy back that 0.5% ( sheridan has the other 50% of 3%nsr).
same question for Magpie - why all the delays on a property that has a 43-101.
Peter is paralyzed and does not know what to do. he can explore but can't deal - hence the need for advisors - if he would only listen to them and consult them.... develop a strategy to get to 10 bucks per share ...
diluting shareholders to do more vtem (prelim work) in the magnitude of 2 million bucks is downright ludicrous. why? what's the point? don't we have better use for that type of money?
Mineral Fields - wake the up and stop sending money - do something to add skills sets to the issues that Fancamp faces.
Argex - dividend out the assets.
i want to see a concrete effort to develop our most meaningful assets and stop taking on new projects.
the presentation is a joke - all those projects and so little cash.
REVOLT - we need to keep pressure on to get advisor to focus peter and enunciate a plan of action...