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Heading for 0.01p, I’d imagine there’s more chance of Ironveld being bought out on the cheap here than funding being made available given the market cap is too low for anything meaningful funding wise. Could Tracarta buy it up cheap I wonder?
From the disastrous RNS with regards our delayed, insufficient funding & we are still none the wiser how this will play out. It beggars believe the company have been clinging on to the hope of a government funded deal given the unstable system in S Africa. What the hell was our last CEO doing & how was he able to get away with it for so long?
Has any share that he has recommended done anything?, all I’ve seen is him lining his own pockets with cr@p reports and getting paid for nothing if you question him he blocks you, the man is a charlatan and has become wealthy by cut and copying the same cr@p reports from one AIM share to another he should be invested for fraud
Waddle and his other cronies Giles Clark all been buyers from 15 years ago when project was supose be happening, and there funded through tracarta all who r involved, from days 0f 5p plus, I'm sure in time will be delisted, insufficient money.
Be amazed if this isnt taken private, why otherwise would Waddle have a large holding so much higher in average SP. PI's are just being used as pawn's here so it can be taken over on the cheap IMO as the market cap drops.
Never easy get project off ground in south africa but this really has been a carry on, not sure if waddle save anything 4 his cronies, de list go private sell assets off. Not sure Jenkins still holds, if so I'd guess money lost.
Would love to hear a view from one Richard Jenkins, who as the founder of Align Research had this as a `Conviction Buy' a few years back (also for KZG who are just about hanging on).
They will get it from somewhere. Still a strategic asset, and as it is actually producing something it will get get rescued. Just pushes the ROI out a very long way. .
If they can't get funding how do they carry on ?
The Muck in the ground aint went anywhere.
I reckon this company is finished now.
Any predictions on how this plays out from here?
Someone is picking up a few good chunks of shares..... let's hope it is some positivity returning to this share...
Fingers crossed there is some movement in the background to progress this Co. Would hope so as with only £25k in the bank they ain’t going to be able to pay him for long
You would hope any new CEO would take the job on knowing there is a future for the company & a way back from the dire situation it's in right now. Welcome Mr Andersson... I really do hope you can succeed where others have failed time & time again & can finally get this project off the ground, returning some value for the long suffering share holders who have watched the share price decimate year after year. GLA
30% drop for biggest trade of less than £1k.
Penny trades in total.
Aim is fcked...... How do II make money at all in Aim?!
Still follow lamps, was tempted come in 4 trade while ago, GL
Can’t disagree with that. ‘We are pleased to anounce …….. a 30% drop in the SP today’. Happens all the time when there is a suspicion of cashflow problems. Why do it. h
I mean it is a bad investment, I think we all know that, just hoping for a recovery play. Thing is you put share raise in an RNS and the price is only going one way, never understand why companies do this, was the same with HE1
Steven, if you think it is a bad investment, say so and invest elsewhere. You have not changed your view for as long as I can recall. Presumably you have divested your holding. So why keep coming back to comment so frequently?
These guys got lot invested, in there interest get project away, sure finance will come along with huge dilution 4 share holders in some placing, along with other form of fianace been disaster 4 share holders, uninvestable