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Going on that Q&A in isolation, you would think the company should be worth at least 5p per share.
However when you know the background and context, all it served to do is highlight specific individuals whom are being ineffective in their roles…
If someone attends the agm, one question to be asked of MB is how many days did you spend in Mongolia in the last year.
The second question is why bid on more blocks when (a) the company has no revenue and the mcap is in the toilet so will be excessively dilutive if share issue is the vehicle
(b) if you get a block you can’t do anything with it due to the government.
Big Lewbowski has a line for most situations.. - Mangrove
https://m.youtube.com/watch?v=t2-SG0S5orA
Any news that is price sensitive should be released at the earliest opportunity.
However with small cap AIM companies with business interests located in the middle of nowhere…..??
louis that’s not true. people subscribe to get answers.
not investing in something bad can save you a ton of money (ie ****ging it off), or investing in something good that makes you money.
Kever,
Wages?? What do you do for a living….. ??
Please can you help me here.
The directors were owed £30k in fees, they are given warrants in lieu of fees. Why is that not compensation?
Had you thought for a minute, the underlying question within my post was what have the board been doing all year and the previous year to earn these fees? (which are then issued as warrants in lieu of fees).
If anyone is going to the AGM, please can someone at least ask the board need to justify their compensation over the last 12 months… (especially the lack of progress over the previous year)
It would take a big pair of balls for JA to stand up and do that..
Watching them squirm for a few minutes is little consolation, but at least it will be something…
Basically you are accusing. TRP of fraud.
Material news has to be reported via RNS as soon as the company is on possession.
1) They don’t know exactly when the analysis would be complete
2) They didn’t know whether the analysis was going to be positive or negative. (What be interviewed about bad news)
Therefore the earliest opportunity they could look to arrange an interview is today. If there isn’t something arranged in the next week they by all means moan.
Until then stop whinging about something that hasn’t happened because the company weren’t in a position to do it.
I would be surprised is LP was already priced in given it requires sign off from a government in a slightly ropey part of the world. Hardly nailed on.. It’s been delayed a little not turned down. What’s changed?
There is a drill going ahead in c. 3 weeks. Good news??
20% drop seems a bit over the top…