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!!You were all warned here!!... BoD will dilute you to nothing!.. They still receive a huge pay packet though!... Unlike the Zioc BoD who keep communications with PI's and don't BS them.. They have taken big salary cuts whilst working on the IO partnerships. KP2 though is a gravy train..
This really does not bode well....
'Potassium Chloride (Muriate of Potash) Spot Price is at a current level of 372.50, down from 407.50 last month and down from 1170.00 one year ago. This is a change of -8.59% from last month and -68.16% from one year ago'.
To all the deluded & deep down worried posters on here who are hoping each and every day for the infamous long awaited EPC...Not long now, the gravy train fund raise will finally wake you all up..
It's coming soon...
Yes Driving your right.... and the move will be down,, on a raise,, for the gravy train!... Because fact is - nothing is going to happen here for a long time... If ever!.
Extremely good for the BOD however..
Will be running on fumes here in a couple of months (August time)... A fund raise must be in the planning by now or lights out!.... But at what price though?.. Anywhere between 0.25p to 0.4p is my guess.
I did warn you all of no news..
The only news your going to get is as per the resolutions -
1 x 33% dilution & 1 x 10% on top of that for the BOD's incentives (total joke) = a near 50% dilution coming to you soon!.
It's AGM time so ask your questions...
Jiving, good points all round, however it's all still just speculation... What's required is a more detailed updateon current matters,,, so current and possible future investors can look at the projects with more confidence.
Currently around 60% of the register holders are PI's however they are deemed insignificant.