Cash burn is £4.6 mil. p.a. and there is 2 weeks of cash left so big placing in region of 0.3-0.4 is coming. Maybe they are being forward sold from today that why big drop imo.
You are blaming capitalism but we have micro managed centrally planed economy. Government is responsible for over 60% of spending and decision which affect all. Not much of "free" market here imo.
Don't think so you can claim "We were hovering at 0.60 for some time" when in reality share price spiked for few hours last year in December to 0.62 p and closed 0.54 p ;-).
I am assuming you are as well new to this board who bought on spike or after spike (since 2019 you had 4 or 5 spikes of over 100% ). I'm holding small punt since January @ 0.44 p so it's long time in AIM shares ;-p.
The next RNS is not a do or die one. This company it is in state "animated" suspension since 2012 waiting for Ghana and now Bolivia.
Most are here for next spike with quiet hope for real development imo.
"The company is rotten to the core" you say, it's shame then Matt Han**** it's not their neighbor- we would be millionaires by now ;-) . Maybe then still is a chance of big contract win lol lol ;-) gl
Lots of companies on AIM are in development stage BT and if you are so great guy why you don't warn them as well? You should be posting on +50% boards-why just here? That's why you are asked about your agenda!
Most of them had shares in past and then sold at loss. Now they are bitter/angry because of rising share price and that why are negative (if cte fail selling was right but if make progress/succeed that make them wrong ). So for them share price has to fall to make them look smart. Plus missing out jealousy imo.
don't shoot the messageger Brh bought Paralytec for £250k TB(CEO) dumped ca. £7mil. worth of stock on pi, no revenue , mcap. £16 mil., you said 100. Why magic?? And you ramping there. lol lol Jealous and missed here imo.
You should ramp more Braveheart your non revenue comp. -one of Trevor Brown where he dumped all his Remote shares and Brh shares on pi and made ca £12 mil. on back of it for himself. Plus CEO salary lol. And here you deramping-good samaritan??!! lol
88 energy hit duster in April 2020 and share price collapsed from over 1p to 0.26p only to hit over 4.5p in less that year later on potential discovery. We have to wait a few months for next drill. Just saying.
It is criminal for Hurr having CEO who is working so hard to "gift" company to bondholders.(with zero regards to shareholders)-only scaremongering. Guy is disgrace imo.