I won't be surprised to find this was walked down to achieve this price and tbh I'm not that impressed it's just been handed out to family and friends. I know it's good they're supporting the company but this raise really needs to start adding value. It doesn't look good if you can't sustain the previous raise price as it just suggests money is being wasted. Also the dampners put on the VW visit etc and then you go and raise at a large discount.... And i mean from circa 15p to now.
A good point newboy58. I'd forgotten about that gem of a confusing statement that killed off the rally before it really started. Not on indeed.
Don't misunderstand me. I'm all for directors to be incentivised... just at a higher price and so with some reward for shareholders!! At the end of the day it's Secker that messed up funding in the first place...
We do need more volume judging by the small bot selling off the back of a few sells. Improved market sentiment will help.
The road map is now important and I don't think we need to do the level of drilling at Alpala that's been completed in the past. FUnding the next stages till either sale or funding production might not cost that much. And aren't we do some cash from cornerstone at some stage?
The recent raises (at the time of the raise) have all added value and I don't expect this to be different going forward.