I have watched this and listened to the investor meet interview. Harry seems very confident.
One of the questions on the investor meet presentation was as he is is close to the process what is his gut feeling on.how long this will take for closure? He refused to answer that, but on the pay dirt presentation he said weeks away from final approvals with signing of documentation shortly after and launching within months.
I have been invested here for what seems like a long time through countless delays but I do think this will complete this month. Its very close. Could be a trade here if I could put in more money but I think my wife would divorce me if I did!
Did don’t Harry say the banks wanted Tulu Kapi treated as a red zone for security even though he didn’t think it was? Well the security is already there to tear it as a red zone so this should make little difference.
The only reason the finance collapses is if someone uses this as an excuse to walk away (when probably it is fit another internal reason) or it affects insurance somehow.
My pain tolerance for Kefi is so high now I just roll my eyes at this and Ethiopia and just carry on. No doubt it will fall a bit on Monday but the business case is unchanged and so is the risk. This won’t be the last state of emergency in the lifetime of the mine.
This board never gets dull.
It’s impossible to time an entry here.
On the positive side the company ran the May placing at the last possible moment and delayed paying bills so they must have been thinking completion was close and they could raise at a higher price.
On the negative this is Ethiopia, anything could happen.
Just stuck my head in for the first time in a month and now 50% down. Pretty depressing.
As you say the share price is still at parity with the sbtx and Pbx stakes. Out of all the companies Pbx will probably be doing the best I’m hoping for a great update there.
Questions? How can I ask questions when we haven’t had any update since last November? I assume now the update will be pretty bad.
The only question I can think of is do you regret the spin off into Pbx which has significantly destroyed shareholder value?
Optibiotix core business is valued at zero once the stakes in Pbx and sbtx are accounted for.
And still SOH is completely silent. No market changing news announced for months. The Pbx listing has been a disaster for shareholder value and I’m starting to get a little tired of this to be honest.
Don’t worry todays RNS will quickly get this share price back up. If I click on it it’s probably a major contract starting immediately.
Uhh no it’s not….its a RNS but that reads like bad spam mail. Seriously why bother notifying the market of that?
As far as I’m aware opti still hold 32.4 million sbtx shares and only 44% of the shares of Pbx so you must be pretty close.
SOH seems incapable of turning a profit on the slimbiome part of the business so zero might be fair at this stage.
I’m playing devils advocate and I have averaged down heavily but it doesn’t fill me with confidence that SOH still has 2 company brokers. I have more faith in Stuart Ashman.