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Yes very interesting, have done a quick search on Saba, appear to be another active investment fund and this quote from their website: "Saba selectively pursues an activist approach where corporate actions may be an effective tool to unlock shareholder value and monetize the discount to NAV. Saba seeks to generate superior absolute returns compared to high yield ETFs and similar instruments."
Interesting Saba capital have increased their position in CRS and another 2m shares bought in the company just before close.
CA have a Tr1 out, looks like Saba capital increasing their holding in CA- interesting
Thats the problem they are not so honourable.
Markess-"that sounds like *you* problem"- yes I have conceded already my folly in believing rns statements to be true, a stupid thing for any investor to do- 6th Nov 2019 rns "All documentation, including the mining Convention and Exploitation Permit expected to be completed by year-end".
The other typical retort that is thrown about is "this company and its bod is no different to any other aim outfit" do we as investors should resort to expect lowest common denominator?
In the most recent rns they were threatening to be a proper professional outfit-"As part of the Company's progression to full commercial operations it has bolstered its management team to cover the Company's Environment, Social and Governance initiatives and Public Relations activities "- obviously not- they were very keen to post pictures of concrete piling but nothing since on the Twitter, if you start something at least be consistent.
It would be good to get an update as to how much of our premium product has been sold so far, and perhaps on the back of that some, whereabouts of the quarantined engineer- whether s/he has been able to put together the very sophisticated processing machinery.