Voice of impartiality...erm, thanks (I think). Could be worse! :)
To me, that's an AB post no different to what I've been hearing over the past 2 or 3 years whenever I challenge him on his record of (actually parting with money) to acquire shares. Which is appalling / non-existent even, I think. Perhaps the one difference is that we know there is this option out there and perhaps he is sat on some price sensitive info pertaining to EO that would make the option more value than it would appear in relation to EO's Jan 31 2014 NAV. This is me giving him the benefit of the doubt.
Flip side of the coin, I would say that it might be a mildly rampy twitter comment he's put out there to try and get the SP moving if a placement is in the not too distant future to fund the exercise of the options. Part of me wouldn't be too shocked to see an RNS of option exercise/small equity raise in the not too distant, although of course I hope this isn't the case as I wouldn't like to see the price it would go through at.
The optimist side hopes that maybe he is alluding to the Kenyan inside information he must have, and this is progressing well, or that there is something in the background being worked on Greenland. Crikey, even half the offer we had on the table just a year or so ago would re-rate this on a big scale. Re IC, he would be duty bound to get those out there as soon as they became available, so I wouldn't think that would be a deterrent to him buying as I can't think it would be information he would sat on for long, if at all.
Although i'm not a member of twitter i noticed a twitterer ask Mr Bell yesterday:
Tweet: "Andrew is there currently price sensitive information which it stopping the BOD from buying shares ?"
AB's response: "one clue to that will be whether they do" ......
I cannot say i keep a close eye on the specific points when a CEO usually buys his company's shares on the open market but i did notice last week that the KLG CEO bought shares in his company in the middle of a drilling campaign: now i'm assuming he could buy shares because he didn't know the results of latest holes being drilled, of course if he had known the latest drill results (and the open market didn't) then he wouldn't be able to buy shares because he would be sitiing on price sensitive information.
So now switching back to AB i personally think he goes way overboard on when he hints that price sensitive information is stopping him from buying shares in RRR because i would say even if he was trying to aquire hundreds of new assets and was in disussions with lots of different people then he could still buy shares in RRR, but he couldn't buy those RRR shares if a deal had already been struck and the open market didn't know about it. The KLG example above shows a CEO could easily buy shares in his own company even if you are in the middle of a drilling campaign.
So unless AB is sitting on some Ivory coast sample results that the open market don't know about or he's struck a deal that the open market don't know about then in my opinion their is nothing stopping him from buying shares in Red Rock.
On the contrary, I have been in RRR at least as long as you. When I was born, you were a twinkle in your Daddies eye and RRR did not exist. so your shots are back on you - baseless troll speak, I think. Get back under your bridge. I have not seen anything other than Troll stuff from you in a long time.
I would love to see prospects in this share and maybe buy in again.
The shots people make at AB, on here, are far from cheap I assure you. They are an accurate reflection of his star performance in ruining shareholder value by diluting to infinity..........and beyond!
Your sensitivity to being labelled for what you are is evidence in itself.
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