IG, In truth every deadline given by the previous board (BMD and Chem), the famous 100 days were also broken, so at this time difficult to know who to trust but the circulars have to be circulated and I guess it is now down to the NOmad to make sure that we are properly informed well in time before the EGM/AGM. Otherwise the whole thing becomes a farce
MB: What has the $200K being spent on? the RNS says 'To date have invested c. US$200,000 on due diligence assessment of three potential opportunities' - well the SAME RNS said and I quote 'A circular and notice of EGM (the "Circular"), to be held on 6 October 2015, will be published and posted to all registered holders of Common Shares or depository interests in Common Shares ("Shareholders") no later than 21 September 2015. ' So are we supposed to believe what is put in the RNS - EVERY deadline the current board have given have being broken!! Potential opportunities are NO GOOD to us. We NEED producing asset(s)! The reasons for the NOMAD not being named have been well documented on this BB and other social media. Your suggestion about insider information is borderline. If you can prove insider information I suggest you do that - back up what you say.
Brummie - "Actually shepherd spent 200 k of our cash for nothing" what a crock of shlt
HUFC - "Nomad IS in place but why would anyone tell YOU who it is, why should we..." because we are also shareholders and should be privy to this information, otherwise you are ?"inside" before the new management get ahead, therefore having an unfair advantage in what is supposed to be a level playing field.
In my eyes there is NO reason not to tell all when it comes to the NOMAD, nothing to lose from either party but lots to gain.
At this stage its words and nothing more. its basically a blind vote until the details are put forward and the vote is effectively a popularity contest rather thant a business decision.
The mess ,greater the upside . DLA has a huge amount in here ,do you think they want to loose it . Many big boys invested here first time around ,sefton had plans set to be the ultimate turn around stock ,assets,ceo ,jv it was all there & it was all mis managed mark1 .....
It's now mark2 , strong news flow will propel are share that had nothing into a company and multi bagger.
You've made your point and maybe it's a dead duck of a share, so you needn't comment further. However, I think that there is a chance of a Phoenix from the ashes. Therefore, if you can afford to lose some dosh, this has to be worth a gamble at this current level. Surely!
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