RE: Ridiculous drop.....24 Feb 2025 19:54
moon is actually suggesting that the partner will take over gwmo in totality
which is plain stupid
they aren't geologists or explorers as far as i'm aware
i have two concerns here
1. the commercial awareness of our bod. surely there must be penalty clauses or caps on our spend in case of partner incompetence or deliberate under performance. if there isn't, brian needs to step aside in favour of a real commercial director.
2. additional shares. the prospectus talks about additional shares being created, which smacks of an imminent fund raise
having said the above, i still blame the incompetence of the market makers for how far the sp here has fallen.
they ***** about funds leaving aim without admitting their blame for their incompetent price setting