Well I agree that they played the situation well as it would have been game over without stake in Blue Star for HE1. But you have to question why a 50% stake was so cheap if it can produce any revenue ?
The last dilution to buy stake in Blue Star timed with the poor EWT results in Rukwa which means it's not commercially viable there should have been blindingly obvious as to what motives were. Apart from the crazies with their foolish ramping π π ππ ππ ππ
Hard to know whether to sell now after these wonderful gains, top slice or hold. What do people think ? Om AIM my normal rule is sell but I'm tempted to hold here as could be a great mid to long term opportunity
I'm genuinely sorry for people who've lost money here. There's been disgraceful ramping by Pubbore Mcnol etc etc here which is why I've told the truth to counter balance the crazies. But be forewarned this still has some way to fall as coming placing will be significantly below current price. βοΈβοΈπ π ππ
When my liveaboard return to shore in a week I'll pop by again to see how it's doing. So long and thanks for all the fish π¦ππ¦π‘π π π π
The huge clue was in the decision to risk mitigate as Lorna put it when explaining last dilution combined with EWT results and to use that money to but into Blue Star. Blindingly obvious surely
The market knows it's not commercially viable in Rukwa along with any sane investor. The ML will of course still be granted but it's an excuse for next billion shares at massive discount. Can't say you haven't been forewarned.
It's sad Mcnol I've been open where I am on this diving trip so I told you I was in East Timor but I was in Alor and now UK in Labuan Bajo Konodo waiting to board a liveaboard tom for a week. Pretending to know my IP address is really odd. What's the point ? To try and impress other users of this board ? It makes you look foolish and sad so I'm not going to waste my time engaging you again as presumably in some twisted way that's what you want. Hope you sort your problems out. Fresh air is always good. Meditation would help you. But please try and lead a more positive life as this behaviour is really bad for you.