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This share is like the night of the living dead. A lot of patience needed!!
The current focus is on improving DFS and production profile. Off takes are secondary until confirmation of larger production capacity. Agreements can then be signed based upon the revised output. We want them to sell all they can produce surely??
Still, its good to see a premium. Suspect some more on their way, I've topped up so a raise will be imminent!! Also, after the DFS most of the cash would have been spent, they'll need operating expenses.
I think with Ged being kicked out through in action, funding would not be imminent. He’d still be in his post if it was done.
Not sure we’ll see these low levels for much longer. I think Matt Bull will make an impact given he has 8% already, its in his interest to push the company on!
That wouldn’t make a dent in my average pumps. Dropped from 12p to 9p added 71k shares.
Cheeky little top up.
I wouldn't expect the DFS to land as planned given the impact Coronavirus is having worldwide. Given the circumstances, I am happy(for a change) to cut them some slack.
Amtech, that's my top-up price 1.5p. Was 2p but that depends on delays etc with DFS?
Nice buy Pumpky, still think we might drop a touch further? The world has gone to sh** but the fundamentals here are still strong.
If this drops below 2p might have a cheeky top up to average down??
It's not impatient PI's causing the issue but the board. Don't forget it's they who have set the deadlines, this share has a massive history of false dawns and mistrust. They do themselves no favours by either not performing, misrepresenting progress or simply blatantly lying. If the Corporate Update had said Q1 2020 it would have left wriggle room but it said early in New year and a slight delay in timings! Oh, and no update since then either other than more people at the trough. Board, do you job and keep the market informed and the SP will tank less because investors will have more confidence.
No but Ms Suedi did offer to put a letter in front of the Directors as I did tell her that no one responds to the contact form from the website. Funny enough on the 2nd time of trying got a response from the PR company St. Brides Partners but that's worthless as all it said was that they'd pass it on.
Sorry, does not mention H1.
Tones, learn to read. The RNS does mention H1 for DFS anywhere. No keyboard warrior, been here since it was called WET, met the old board on several occasions to keep them to account.
Still here, look most days Pumps. So frustrating, I did think this one had changed. Bring back Peter Marks!
Ms Amne Suedi was appointed to the Board as a Non-executive Director in January. Today, I reached out to both Ms Suedi and Matt Bull via LinkedIn as my emails through the company website have been ignored.
The response from Ms Suedi was and I quote"can you give me more information about the company?" I would expect any Director even Non-Exec to know who ACP are???? Another nose in the trough doing SFA!!
Poor period for the company, little improvement on Peter Marks and the other chancer Aussie.
Need to pull their finger out with the DFS to retain confidence.
Poor RNS, I appreciate lining things up but the priority is the DFS which is late. Just adds cost and overheads which we can't afford.
From Corporate Update RNS, they can't hang about too much. I'm expecting DFS this month.
The results of the DFS, which are due early in the New Year, will be a driving force in converting ongoing discussions with potential strategic partners into formal commercial agreements, and to this end we are confident the results will further highlight the strong value fundamentals of Mahenge.
“I know that shareholders were expectant of the DFS results this month, but I would like to assure all stakeholders that this slight change in timings does not deter from the strong results with which we look forward to kickstarting the New Year.