focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I have sent an email again to Sarah reminding her of all our frustrations not that she needs a reminder but you never know. I would recommend others to do the same. If you don't share the correct information on time no matter how good the news is, it would be diluted.
Finally some good news. Looks like all the bad news are out of the way now (hopefully). Up and onwards from here on. Patience is the key. I am sticking on for longer, I still have faith on the business model.
A total of 1,700,000 contractor shares will be issued at 3p and application will be made for the Contractor Shares, which rank pari passu, with existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected on or around 11 January 2023.
So more dilution ??
A mixed RNS. More confidence in the company, more investments but at the same time more dilution. The share price has surprisingly not moved much....yet. There is Miton now Jason Lee, big investors are showing big faith and are committing long term. People who wanted to be out by Xmas would be disappointed but to all the LTH this shall too pass. Its taking time but its shaping up to be a very good investment. I won't be surprised if JL makes 4 times of what he is investing right now by the time he is free to sell.
As a matter of fact I sent an email to Sarah to improve their communications and she acknowledged. Whether it does something or not I am not sure but every little helps. The more email they get like this the better it is for everyone.
So DC is back at his best. Over promise and under deliver. I for once never had any expectation from him to deliver any "substantial" RNS or news as such. We would be lucky to get any number or figures before Christmas. It's all there though, I think the company is doing well, it's moving in the right direction, taking the right steps etc. but they need a better communication manager more than CFO or CEO at this point. And whatever happened to that broker note!! Again I won't be holding my breath for that either. Any positive communication is more of a surprise than norm now a days.
Thanks John. I think you are right. I am still not able to find a lot wrong with this share at this price and market cap. Why is market not waking up for this share? What would it take? I am full otherwise I would have bought more...a lot more.
He said "I suspect". He normally doesn't respond on time when he promises something, this he said "suspect" so I don't expect anything from him this week. In fact I will be surprised if we see any numbers anytime soon. I am still bullish on this stock as I am LTH and remain bullish going forward but I am not keeping track of what and when he says something. The bottom line matters.