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I doubt it. I can’t believe they will announce any disposal so soon after awarding share options. If they do it would seem dreadful corporate governance and perhaps reportable. But then nothing would surprise me with this Board. I think a disposal is some time away but we may get news on the further workstreams taking place on Eureka and Mankayan.

I think this test is being offered in the UK not Germany although it is a German company. Good news companies are still opening in the UK to offer the test. Does anyone know if other companies or NHS Trusts have pre-natal testing recently, whether from us the competition?

I agree totally. These share options today are just two fingers to shareholders and tell me that we are some way from a disposal if at all but the directors are getting shares at a ridiculously low price with no risk. If it had been 1p for both tranches as someone said I would be ok with it. This lot have proved themselves to be utterly useless. They have achieved nothing in years. And now they are slimy golddiggers as well. I agree a shareholder action group is called for. We are going nowhere right now.

Why do you think Eureka is a dud please martina07? Has some geological information already been released?

I don’t want them squandering money and time on Eureka, they should be fully focused on Mankayan. When are we going to have an update?

It actually seems to be worth nothing at the moment because no one wants to buy it. Are we dreaming about a sale or is it realistic? Gold Fields don’t seem to be doing anything with Far South East unless I am missing something?

If this cretin Bird and his useless sidekick Read are fixated on 250m we are doomed. I would accept the 75m Gold Fields offered to be honest and even then we would have got out of jail free. This needs a line drawing under it quickly now before we sink into oblivion.

This is exactly the problem and why there is only impatience and frustration now. The CEO said there would be news within a month over 6 weeks ago! Investor communication and strategic execution is abysmal.

This is excruciating...confidence is evaporating.

The shareholders in Tiger Resource must be frustrated as well with their investment here!

We need newsflow and quickly. We need a new BoD.

Great article in the FT this weekend about the looming copper supply crunch given the demand for renewable energy and electric vehicles and the consequent need to focus on mining in challenging, volatile countries such as Mongolia.

It should be like selling ice cream in hot weather to dispose of Mankayan in this environment.

And Colin Bird has been here nearly six months now in which time the share price has gone nowhere. In fact it is exactly the same as when he arrived. When are we going to make some progress?

I thought we were due an update within a month of LR’s interview at the end of June? Would be nice to know officially what is going on, we’ve heard nothing since the end of May.

Any reaction on the lack of final results in July notaflipper? I think it is beyond a joke. I work for a private company and we get our final results out in less than four months after the year end. It’s all about investor confidence and transparency. I cannot understand why it takes so long.

I think the number of options granted is too generous and the performance conditions too lax. I understand that the only performance condition is that earnings per share have to be higher than in each of the next 3 years than in the year ending 31 March 2018. That’s not going to be very hard! What does this mean for an imminent takeover? That would not trigger their share options unless they have provided that a sale is a trigger event. Who knows, it’s all so opaque. I also asked if the annual report is on track to be released in July and was told the deadline is end of September! Wasn’t July touted somewhere as a date for Finals or was it just in a Hardman Report? Either way seems less likely now and if it is September that will really p!ss me off because it is such bad practice.

What are the performance conditions attached to these new options? Exercise price seems a little low to me. We want news on commercial and legal progress not the snouts in the trough.

Yes good to see a positive market reaction, says everything about the demotion of SL and the appointment of a proven commercial operator.

Agreed seems like an excellent appointment and look forward to seeing what it means for the litigation/settlement and relationship with TF. I guess it makes a takeover further away because a new CEO would not want to come in knowing a takeover was imminent? I wish one other board change was to replace lightweight Reynolds with a heavyweight Chairman but I guess changing two key positions at the same time would be unsettling.

Not worthy of an RNS?!

What’s your average now?! Mine is 16p so hopefully a chance to get most of my money back still! Yes, an enforced settlement by Mr Carr would probably be better than withdrawal, ongoing settlement negotiations and the protracted legal process. I’d forgotten about that - 10% seems to be the ballpark license fee and legal fees would cease for both us and Illumina. How can they think a settlement would deliver a better outcome? I struggle with that.

Great post notaflipper, spot on. Surely there is nothing left to discuss with Illumina now and we either continue with the legal process or withdraw from the UK market. But we should announce that to investors because this ongoing uncertainty is just purgatory. They do not want to settle and whilst they are stringing NIPT along the Board is stringing us all along.