RE: Jason brewer5 Apr 2025 13:26
The fact that you don't understand the simple concept, says alot really. All your posts is based on the most optimistic scenarios, the same pack of lies that Robbie was feeding. If it was as good as a project as you make it out to be, they wouldn't have had multiple funding deals fallen through, and resorting to recapitilsation. But obviously you can't see it with your rose tinted glasses.
They aren't even producing and you're talking about the high POG amongst other things.
If there is a 90% dilution here for example, to convert the debt, raise the finance etc....that takes the shares in issue to 20bn. Let's say there is share consolidation of 1 for 5, meaning someone that invested £10k at 1p would now only own 200k shares.
They then need a massive £200m cap just to get break even, which is very unlikely to be achieved. I know it's possible in your world, but far from realistic. I know you're going to cone back with some made up production figures, but that's all hypothetical. This is the same company that said they would be producing 2koz a month by the end of 2022!!!! Your figures mean sod all at the minute.