RE: 5p is the new 10p29 Dec 2023 18:14
It's mining. Need funds, you have to finance and dilution is usually part of that.
How could it not be on the cards. Our previous management who I, as did many others, thought were on top of the mining side - clearly weren't. The deals they did were overly complex and an attempt to forward the company without financing. This was clearly a gamble and didn't come off. Fixing this costs money, as does the lack of adequate maintenance.
Mr Coltman is the exact opposite. Experienced, knows how to run a business and more to the point, even though painfull in dilution, has got us financed for the next two years.
It's time to move on from the past, it's of no benefit other than as a lesson when investing elsewhere. We are on the right track, by no means a simple one but the right one never the less.
Everyone moaning about SP, Fortune, and dilution need to move on or sell up and bugger off. A line has been drawn under that.
V is starting to look like its moving in the right direction and new management are on it, like a car bonnet.
Past is past and the only people interested in that are the trolls and FUDers.