FAILED17 Jun 2025 07:52
Management has failed, BM is not in production, the other assets are a non starter, they wasted money on M&A and tax losses, the whole interested buyers in the TAX loss has gone away, no bids from people under NDA for 9 months, they have diluted everyone, keep diluting everyone, have doubled their salaries, issued over £500k of options and the price as at ALL TIME LOWS
Any defending this management team is either being paid, are their mates or is just trying to spin positivity
its needs a total overhaul, all the other assets apart from BM need to be sold or put on back burner, they need to come clean that they cannot sell the losses (noone has been able to for 20 years!) and they need to be clear on what is happening at BM
What happened to ariel surveys?
staff
water
where are they initially producing from
where are teh staff
what are the new timelines
I told everyone on the BB they would do this, they ramped hoping that they could spike the price to cover the lack of progress
its a complete dog
WOOF!