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How do you know there is activity on site. Can you share the evidence please ?
Activity on site still ongoing - so must be something going on
Not surprising is it given the CEO's track record. I was surprised people trusted him enough to invest in the company
GLAD I SEE THE LIGHT HERE OVERALL EVENS N MY TRADES
Unless they have news, its hot air. The price is falling because the BOD is failing. The Market is reacting. No confidence/trust/belief.
They will run of of time and rope eventually unless they start earning. No sign of that, no orders. Only that or news of a real offer will raised this share.
On the 8th of Dec the SP had been declining steadily to 2.60 so they issued a RNS to prevent a further drop, only worked for a week or so and then the drop continued.
The SP has fallen massively over the last 7 trading days so do we get another RNS about share price movement???
That's the thing here isn't it. They've done a lot of things and it's been fairly high profile in the country. I agree they have been able to raise funds fairly easily and I'm sure they have some valuable assets which make the price ludicrous but no takers for the product after this long? Radio silence from the Board when the share price plummets? Either they just don't care or they really don't have anything positive to share and are scared to say so. It doesn't take much to acknowledge the drop in share price and say they see no reason for it - they've done it before.
They relocated a village to open this mine so if it goes T!Ts up they'll have a lot of explaining to do.
They have been raising cash easily enough over the last few years from insiders, so not worried about administration just yet. IMO, think they were always hoping for a quick sale rather than actually operating it.
Added costs to transport to coast for shipping not helping to overcome lack of interest more locally. Think the Chinese have that sown up, as no orders after all this time.
Well judging by all the little videos on their website and the hype around the opening last year you'd have to say they have. What I want to know is why does nobody want it???
If they have the coal then I can't see what the problem is with selling it so.....do they have the coal?
I'm just awaiting the Administration RNS next week.
Agree May1. No point in selling now - really beginning to annoy me after all the promises and 'progress'. Too many failed agreements to purchase their product by the looks of things. Either that or things take stupid amounts of time to go through out there. Trust all but gone at the moment
No point selling now, worth next to nothing as a LTH anyway, so may as well just see what happens.
Seams to be let to bleed for a reason.
Absolute sickener for long term shareholders. When are we going to get an update or is this going bankrupt.
Same old , Esprey/groves same mould , a joke now
Come on Mr. Esprey show your long suffering shateholders some respect. Over 3 months now since an update.
Carry on esprey, lies false hopes, smoke mirrors, followed this company on and off since started.
No sales, no news, SP tanks. Sold for a few pence.
Master plan IMO.
Exasperating as it is , until positive news or a deal has been done then no RNS can be posted to any effect …..unfortunately waiting is all we can do unless you no longer believe this to be an investable company and if this is the case then sell up and leave .
No quarterly update. Radio silence. Time to show your long suffering shareholders some respect and provide an update Mr Esprey.