focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Sharebell, I don’t have to read your post as I know it will be furnished with self importance and grandiosity. You are a fake, fugazi, charlatan that ramps anything you invest in. You are a well known imposter that is annoying and irritating. IMHO DYOR GLA yadda yadda
Come on Sharebel you jump from daily riser to daily riser shouting the same shyte… you cut and paste all the normal rubbish. The reason these BBs are as bad as they are is down to clowns like you. You cut your grannies throat for a fiver and make off on her mobility scooter… don’t like the opposite of what you post, suck it up princess 😂😂😂 IMHO DYOR GLA
IMHO the following points highlighted by the BoDs underline major concerns…
1. Revenues for FY2024 are expected to be significantly weighted towards the second half of the financial year.
2. Projects are and have been delayed.
3. The last fundraiser was at a massive 84% discount.
4. The company has highlighted (and continues to highlight) financial uncertainty and restricted cash flows.
5. The BODs are being paid shares.
6. The company has employed stringent cost cutting strategies.
7. They are currently reducing the workforce.
Bigsock36, obviously not playing with big numbers and tbf it’s a good job. I would expect that any future fundraise would be at another huge discount. Therefore, it might be beneficial to buy after said raise. Anyway, it’s going down to the wire and that’s why no one is interested for the moment. IMHO DYOR GLA..
Unfortunately Schum, it looks like there’s only the prospects of further dilution. The SP is where it is due to a massive 84% discounted fundraise back in May 23. Since then they have managed to scrap around and get a little R&D to keep the lights and heating on… They need to secure some form of revenue stream, tbh I don’t think many will be wanting to offer up funds. DYOR IMHO GLA