RE: Open Letter to Tom Winnifrith: Expose Harryβs AGM Dilution Scheme20 Jun 2026 08:59
Xhita cant understand the unhappiness with dillution simply because hes a new investor.
Maybe he should think of the unfortunate ones that invested over a decade ago , they all would or should of expected dillution on the way.
Its the way isnt it , research a company and its flagship assets
Understand where they are in terms of drilling , studies and timeline
Buy if you think you love the project and tou want to be part of it , taking on board that as its AIM and money will be raised you will need to average down with such placings or accept you will be diluted. (Nothing new here , people understand that)
Where did harry go wrong. For years harry has gave the impression, and you only have to look at the rns details of each placing was that they were to get tula kapi over the line , he never used to money for exploration , new licences etc , was simply to get tk up and running.
Even his historical interviews were saying the same thing.
But he lied , further research showed tk was NEVER gonna go over the line until ratification happened, so where did all that money go!!!! They have spent it like the goverment spend our taxes , and reward themselves for it
Years of waiting , years of averaging down, years of more and more placings for the same thing and you cant understand why long term investors are a bit pi55ed off , on top of that harry pays himself incredibly handsomely with some hefty bonuses. While shareholders thought of last bear the brunt of some crazy descions
You then say you hope there is MORE dillution. Why any long term holder would want more dillution after raising incredible sums to get tk producing is beyond me. Haven't long term holders suffered enough.
You would hope the last raise would be enough , HISTORY which you want to ignore tells us its incredibly unlikley.
Xhita you know everything about everything , yet you can't understand why lth at times have had enough
Its also funny you know the terminology of "queen" but not queen despite using the English language literally.
People are getting a real sence of what you are really like