Easy question Ashton. Why didn’t you include the most important aspect which was Rods extremely tardy disclosure? Its hugely important if you are trying to give a fair representation
Ffs. The current mining licence and most importantly the environmental sign off (the bit that took years) is for the sand not the shelf. That would require not just a completely new licence but certainly completely different mining kit to shoveling sand through some basic separation kit.
It is an entirely different proposition both in terms of licensing and costs. Dream on.
RE: Substantial Shareholders - 8 July 202415 Jul 2024 16:27
But you do that for a purpose knowing full well he sold up without declaring and bought back when price was near rock bottom. The website does not reflect that as you know. Ashton this is frankly disingenuous- and just a ramp dressed up as fact.
RE: Substantial Shareholders - 8 July 202415 Jul 2024 14:01
Incredible Ashton - you have ommited that RM sold down his entire holding from Sep 22 and rebought at a fraction of that at end of last year. He did not tell the company. Thus came to light in the December 23 RNS some 15 months after he sold. You know this very well.
RE: Final Results for the Period Ended 31 December 202329 Jun 2024 08:38
Thanks Ashton.
So £200k at end of year and £1.2m raised.
Right at the end of financials is Commitments. Over £2m due within 1 year of end 2023. So we need at least another £1m pdq or need to ditch those licences.
My target audience would be Icelandic and Scandinavian investment houses and pension funds. They put £44m into Amaroq this year and more last. Oh dear. They stumped up for Dundas …