RE: Nice discount26 Jan 2023 06:26
Hi Roller. Kurt is certainly managing to butcher the value of our existing investments. I’ve been too upset to say much, and really, there is little point, because he has deemed that a 46% discount to an already ailing sp is satisfactory.
Of course it isn’t. I’ve also said already that he had many opportunities throughout last year to raise at a higher level. It’s nonsense what he said in the RNS about the timing being right. We shareholders can’t always afford to keep topping up our holdings just to stay afloat, can we? Nor should we. It unfortunately appears that Kurt is really quite uninterested in making the effort to ensure our Company is not given away on the cheap.
I cannot personally see how he does justify his wages. Aug will disagree, but perhaps I just live in a different world. We have a premium asset, a mining concession for that asset now, and yet he’s giving additional shares away for peanuts.
Not good.
Only my opinion.
Catch you later.