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Green energy is red hot and this stock is completely comatose. Can’t wait for the RTO to lock everyone out and have them clamouring for stock on the relist.
Here ya go, podcast on Sunday. Sunday Roast guys taking questions from us plebs? https://twitter.com/waren_buffett/status/1465610641440481283?s=21
Same mine, new management. And you put your money in with these serial failures. https://www.jewellermagazine.com/Article/10252/World-first-Australian-rough-sapphires-auction-a-big-success
It's for the company to confirm re climbdown. They may well have decided to focus on KV first, sell it then focus on the remainder of the portfolio. Hutchinson and Mair have jumped over and Darivas has an advisory capacity so seems they're firmly in bed together, why integrate that much if it's only for one asset.
Yup so basically additional shares issued at 2.4p. They’ll need to spend £1.5m on exploration for the third tranche which should be a given as the fundraise was for the exploration programme. A cash call most likely if they decide to expand the resource from 280k to say 500k as otherwise can’t see it being worth the hassle for the neighbours to buy them out.
“ In March 2021, NGM commenced the first of two drilling campaigns across the JET area, with a view to expanding the existing JORC Inferred resource and establishing a larger JET. This is an intensive programme that will run for several months and aims to expand both JORC Inferred resource and JET with 40 holes, some to a depth of 400 m. The programme will include RC drilling, diamond core drilling and in-hole electromatic surveys. It is anticipated that drilling will exceed 11,000m in total.”