RE: Peel Hunt 14p7 Jan 2021 13:22
Peel Hunt Mining team are pretty well regarded.
I suspect the management hired them as Nomad with a mandate to spread the word and get the price up.
If you are negotiating a price for a 3rd party to take a portion of equity, the higher the current price the better. It’s hard to sell equity to someone at 12p if the current price is 6p.