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"Well the plan is working ! will deffo be in the 5's by COP"
The jury is out will it for the first time in its posting history get just one call right????? I doubt it.
At this price they should do a royalty sale and a share buyback.
Slight change in Going Concern statement:
end-Sep: "the Directors expect that future funding will likely be provided by equity investors, debt funding or via other strategic arrangements."
end-Dec: "the Directors expect that future funding will likely be provided by equity investors or via other strategic arrangements."
No surprise at change. And 'strategic' can include Royalty deals etc.
All in!
Contained within the p&l there's a reference to the release of $1.4m contingent liabilities as a result of it turning out to be lower than had been provided for. The liability was settled by a payment of $2.1m. I wonder if this has anything to do with DC's claim? In other words, have we settled with him?
Shipright. Do you seriously believe people believe he would email you a tiny retail share holder and tell you the company was heading for insolvency.
That's ridiculous enough to rank with adikt neighbour and ceo friends and copperpots mystery banker.
Not to mention that clown bbg, and his stories.
Talking of clowns, I see we're all queing up to top up on the drop.
Bloody laughable
so, we all knew they were going to need cash so surprises today tbh. getting to this level of cash left with current burn was always going to be received badly - so makes sense to get this out before releasing news that the co. hopes will be received well like the updates pfs.... so this should follow soon.
options for finance;
1. equity raise. not happening i'm imho.
2. sell banked shares as we know there has been interest. certainly not at these levels.
3. royalty deal. potentially, but risks ******* off a suitor just at the wrong time.
4. assets sale. porvenir? before we sell cascabel makes sense to flog this if there is any sniff of interest before as would help set a benchmark.
anyway, we're all at the sharp end of this now and management really do need to step up. c
Pleased karma has been served on you personally..
Lossages for you everywhere for trolling other boards...
😉
But we have never been in better shape. SP rocketing again. 30p by friday? 35?
Obviously you'll post the exact number of shares, ending in a unique number, before you buy, bbg? And then you'll miraculously sell them at a profit despite a consistent drop in the SP towards the next raise...
So early Q1 came and went and the can is kicked down the road again while the SP gets another boot in the cojones. So depressing to see. I just hope that these guys know what they are doing and not winging it.
I think you know everyone thinks you are a cowardly, faceless, anonymous troll just passing time each day tiny...
now jog along and don't concern yourself with me, unless you're infatuated with me which is understandable...😉
I'm going all in - will buy another £50k
This was on 24th October 23
We have had control for ~8 months and no one could have turned this around like we did.
The company was heading straight for insolvency a year ago.
If others have a better strategy they should take control and do whatever they like.
No one cares if someone is a long term or short term shareholder. Everyone is trying to make a return and some are going to be successful and others may not.
Bob
He's right about nobody turning the company round like he did
31640 top up.
Never though I'd be here again.
Time to produce solg
Yes but he's doing a great job and everyone voted for him at the AGM apparently.
Bob also said there will be no equity raises according to Addicknt.
So everythings just fine, in fact the company is in the best shape it's ever been in according to Scott.
Obviously there's something about the above that the market thinks is porkies.
Think everyone knows your game novice. You've sold out at a big loss and now deramping the share as per usual.
Scott’s had nearly half a million dollars for the last 12 months..
Madpunter,
Or... Scott missed his deadline and minsinformed the market pre-agm. Tut tut. The RNS's are checked by advisors as to whether they are clear or not. It should have said Early in 2024, in Q1. Not hard to be exact is it?
Looks like Scott's much heralded cash burn savings are doing wonders for our SP.
Anyone think Scott or managment should get more bonus awards in the upcoming remuneration meeting which they basically chair themselves??? My answer would be NO... and you can hand back the ones you got last year.
Will appear in the top 10 fallers soon !
It seems that my assumption of the end of March was right and the ambiguous interpretation of the timeline allowed for delays.
You could be Redknight after boasting about his t 20s and top ups
I've traded this share from 37p downwards and never stayed married to it. That's been a mistake we all make at some point.
Well looks like 5's in the next 15 minutes then who knows where we'll stop !
One more point, ref the keyboard experts on here, praising Caldwell and forecasting £1.20 a share.
Somebody posted on here a week or so ago, forecasting the share price could drop below 5p.
He was met by ridicule from the never been rights.
Told he doesn't hold shares, he was also met with ther filter threat. Haha.
But bugger me, he was right, and not one clapper will ever stand up and be counted and admit they once again got it wrong