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Message: PP

Mimi,

She lost the rollback vote at the AGM. If the SP remains depressed the PP cannot be done unless people will pay a premium, and for what?

  • To pay her salary
  • plus what is owed to her!,
  • plus a 10% finder's fee
  • plus the office rent!
  • Then there's the ongoing legal action against some of its own shareholders to fund!

How much of the PP will be used for drilling and to increase shareholder value?

I would suggest, little or nothing!

So you are right to ask the question, why aren't management doing more to raise the SP?

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