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Looking at the buys, purchase price is going down even when volume is there, which is never good news. Seems like there is a very big seller in the back ground, any thoughts?
This happens every time think you find a golden egg and it’s gets pumped to the max and bang profits gone. Selling with a small profit is hard to do when everyone around you is shouting about the potential 5 baggers, but think it needs sometimes.
Theoretically that will just keep the lights in over the winter period, with current cash burn rates. Hardly what you would expect after 3 years into actively mining WK
Also believe there cannot be director buys there is any significant news know which is to be RNS'd in 30 or 90 day period post buy... Can anyone confirm if it is 30 or 90 days.
Any thoughts on cash position Vs cash burn here. There was talk of cash call few months back, but I guess asset sale may give the needed cash injection depending when it comes to fruition