Bannor, for me its clear people are bailing, and I cant blame them, it was expected, and the longer we lack plans, communication and strategic direction or the expected deliverables (3D) then that will continue. We are in May, the financials will be out in a few weeks. we will see just how little cash is left in the business. it would not surprise me to see them ask for more cash prior to delivering the financials.
I'm not so sure about that Jibster..... I'm thinking the spread might be a lot tighter than the bid/ask suggests.
Personally think it's likely that trades in the .025's are sells & those in the .026's are buys..... might do a couple of dummy buys/sells tomorrow to see what I get offered.....after all this shares made a dummy of me already so dummy trades seems quite apt. :-)
Yes and it's been around this price for a very long time now with seemingly little being done realistically to enhance the value. No JORC, no action last year hardly and the same this year. We couldn't raise enough cash at these levels without our holdings being made virtually worthless. The 3D model should have been completed months ago. If not, we should have been informed why not.
People are selling off, its clear too see. It must be hurting selling off at this price, but it may be the smartest move, "Something rather than nothing". Its also clear the BOD have nothing to offer in terms of plans or communication. It's now May so looking like Mutsk will not be progressed this year and still no sign of the 3D model. What a shambles!
Yep, join the club. Anyone invested in this, and I mean invested, not trading, must be incurring a loss, some most significant. The market downturn over the last five years cannot exclusively be held as the reason for our demise. It seems our Company's personnel simply leaves much to be desired.
Anyway, I continue to hold, though my average is 0.89p. Not even 0.089p.
Cheers Charlie. Let's hope for something better for us all.
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