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A good answer.
The response (blanket to all that emailed)
ie - nothing! (as expected)
Thank you very much for your recent email.
The recent announcement has led to further improvement in the balance sheet of the Company which provides added stability to its overall financial position. The key to increase shareholder value is to de-risk the project operationally and financially which this final tranche does.
We are working on the necessary steps required to increase our visibility on social media and are close to completing the necessary upgrades to our website.
We appreciate your continued interest in the company and wish you the very best as we head into the holiday season.
to be honest what is all fuss. with them watering down shares. I think personall. their bigger plans going on here. as we found out discord boys selling behide scene.. the group that don't like sellers as we learnt from dj77 an honest man that tell it how it is.. know 0 saying he visited mine and in talks with them..
While on the whole dilution can be a destroyer of capital gains, and is something every investor should consider before making an investment, I'm sure the company haven't done this on a whim.
It's also not a huge dilution.
It will be interesting to hear from them but I suspect they will have a decent rationale.
Atb everyone
Glad someone is asking the BOD these questions rather than just bickering on here like some people! The BOD have a duty to inform shareholders of what is happening, even if they can't tell us everything.
Great stuff know thanks for the update!
Hi Tim
I trust you are well
Please could you tell me if there is “any intention of answering any of the big unknowns” (i.e., why the dilution rather than taking loans that had been agreed and previously RNS & who the Asset Managers are and why they have been preferred), before the votes are cast at the GM?
Just wanting to understand the boards consideration of Private Investors.
Kind regards
M
Martyn
We are formulating a reply for shareholders who have expressed interest in the changes to the financing. We appreciate your patience.
Regards,