RE: Amapa10 Jun 2025 08:39
... goodness me jimb a doubt from you, I wasn't expecting that!!! 🤔 LoL
Whilst I might be surprised at such a negative post coming from one of the positive stalwarts of the board I have to agree with much of the sentiment but disagree on the comment of the last raise which I rather think is just another indication of the abject failure of the BoD to deliver on any project or investment they've got involved with thus far & I have added this latest non delivery with HESPERIAN to my long list of past failures ....
The last raise, if followed through successfully used up their authority to place, now it would seem (from memory) they've had £400k cash for the last 6 months for a failed adventure ... so what have they done with it... wages, loans etc I suspect & because it's failed they have retained a capacity to raise again & keep their 2p options ... I agree it all stinks, I did really believe that they'd set themselves a reward (2p options) that they might finally get to exercise & now I'm beginning to think they'll go the same way as all the previous awards they set themselves ... Unexercisable!!
I think this silence is disgusting & people will be selling now (except those who took part on the last fundraise of course) at smaller or larger losses depending on how long they've held because of it AIM is surely a cesspit with the biggest turds sitting on the top of it guiding & grinding most companies into the ground ... hey ho we've all been chasing rainbows & most AIM BoD's make a fantastic living out of it.
If the Amapa journey ends in failure that's game over for this mob, the company & its PI's IMO so it really is the last straw as far as I'm concerned ... how much longer they can hang it before news on its success or failures remains to be seen.
Just my ramblings as usual
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