I remember LR saying below but to be honest beggars can't be choosers. We need an equivalent of Anglo American to sweep in with finance and knowledge to mine.
Totally agree Highside. LR has tried is very best and all appreciated but it's time to let go and pass the batton on. Fresh blood required to get it over the finish line. A new BOD with solid credentials in investor relations is required.
I'd be over the moon with a £20m take over to see the asset in safe hands. The board at SXX got a nice payout and kept their jobs when Ango swept in. I would hope a new board with experience of turning this into a working mine would step in and give LR a golden handshake for bringing it this far.
I'm perplexed why no institution of HNWI has stepped in with a TO. Does anyone else think a TO was the value event but collapsed?
Good reply mm. My only worry with that is Anglo American bought SXX and investors were shafted and were not given an option but had to sell at 5p and lost pensions and life savings. Would an RTO not be a better solution as their investment is transferred?
If we run out of money could we possibly go through an RTO and could we all benefit from that? Fresh blood with a new BOD and new direction. I've done ok from two RTOs in the past.
Looks like its an LSE issue not showing RNS's. TOM had one today that's not shown too. This site is getting worse by the day! But as its free you cant expect a professional service.
Blimey lots of ding dongs going on tonight. The one disappointing thing for me is this site not showing the RNS. Nice step forward but it's not something that will budge the SP by much. The only thing to start doing that is the mystical/wishful/not happened/fallen through value event!
Hope AH is earning his coin otherwise the money will dry up eventually.
Yep I saw the rocket on SXX and wow peoples lives are ruined with that. Very different stock though. The infrastructure of Sirius was huge with an underground tunnel of 30+km.
But take your point. Personally we need Mr Bird back instead of LR.
Interesting kingyoda, you've been a member from 16th August, 11 total posts all ****ging off EUZ and no posts on other stocks. Wonder if its tabs2 second, third or fourth account lol.