RNS is Cope16 Sep 2024 08:55
This RNS proves two things.
1. The company reads chat boards from retail investors. They know you guys are getting desperate for news, desperate for a sale, desperate for an increase in share price and they decided to put out this statement because nothing is been done and probably nothing will get done by December so they have to put out something to keep you guys hanging on. There was nothing in the RNS except to say we are working hard.
2. There has still been no bid for the company. Nobody is buying, other junior miners are getting sold, no offer for them.
What was in that RNS that stops it from being released during trading hours. It's not going to affect the share price in any way. I know it's all written in a positive tone, made to sound as if something is happening, but what concrete progress is being made? I suspect this is written to prepare the groundwork for when they miss a target for their next funding instalment from the 750 million. This is what it looks like to me. I don't see why you should release an RNS to tell us that you had a board meeting in Quito. What is that all about?
#SiriusStuff