My opinion is the market doesn't see there been any production this year? Otherwise the price would probably be higher. Should we get the RNS we are all hoping for then we should see a steady rise. Wouldn't surprise me though to see MB kill any good news with a fund raise. Hope I am wrong though!
Got to be honest, I am starting to loose any faith I had in MB to get this off the ground. No choice but to hold in their but I am not expecting to see this reach anywhere near double figures this year. Brexit seemed to get done quicker than this EL and rig contract shenanigans!
RE: looks like a sell out to a Putin Oligarch11 May 2022 11:56
An Oligarch is someone who gained their wealth from the corrupt handover of state assets. An entrepreneur is something completely different. For a western equivalent of Oligarch you need to go back to the times when our country was carved up by the aristocracy.
Just sold up after first buying in 2014. £19k loss for me but need to forget it and move on. Robin Young is a liar and his interview on Vox markets doesn't do anything to convince me otherwise. He lost me when he referred to Putins war as a "Special military operation" hope the CIA are looking into his Russian connections? So many questions unanswered over the years! That derisory 10p per share offer doesn't look bad now hey Robin? What happened with Adam Habib? Where is the NRR money? Where is the TEO? Why no RNS for the other offer you supposedly have? Why RNS no issues from sanctions then tell SH's we cannot take a full payment because of sanctions.
I know there are holders in a worse position than me. It's only money and hopefully I can make it back elsewhere given time. Robin Young will need to live the rest of his life knowing he is a crook and looking over his shoulder. I know who's shoes I would rather be in. Good luck all!
The other option is to sell out. Move what money you have left into something else and put it down to experience. We have all been conned by Robin Young. He has drawn a tidy salary over the years for doing pretty much sweet FA. He still has the nerve to try and keep this ponzi running after selling it's only asset on the cheap.
Not even selling in a conventional manner. Selling the asset on the cheap via a long term payment plan which (may) see shareholders receive some form of dividend. Bit this is to be determined by the BOD no earlier than 1 year after the sale. Absolutely scandalous!
Blackrhino1 - I have been invested in this dog since 2015 so well entitled to voice my opinions. Read so much bull**** on this board and merely pointing out the fact that there is a zero chance of Elon Musk coming along and buying Kun Manie for £1 per share which is what many here believed up until a month or so ago.