I am 'elsewhere' but I am also here too so I will stick around to see what happens. It was mentioned yesterday that "If it were dead, why are the BoD claiming to support the business with 'their own money". People here think they still have a chance to Mine, but if you read the last paragraph of Bob's email to me, you will have noted that there is a lot of uncertainty about how and if they will proceed, as all costs 'are being funded by the management'. In other words, they will never say how it really is for you guys.
Yes, I do feel sorry for you that you have been strung along for all this time, but so have I on an Oiler that I have been in for ten years, so I know what it's like. I and many other were ripped off by the owner who has had his assets frozen for fraud by the Australian Courts. The share cost me nearly $8000. Not only me but hundreds of others who lost many times this amount, so I am not new to dodgy shares.
It's hard to say what FLPC's next move will be, but because funding is the issue, I do feel that it will remain in limbo until the BoD decide otherwise. If by any chance they go, will the BoD have the decency to let the remaining shareholders know in advance?
Season's Greetings to one and all :)
