focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The more I listen to Mike, the more I like him. He comes across as decent, intelligent and knowledgeable. There really aren’t many good CEOs around but I think Mike is one of them. You can have the world’s best graphite mine in the world but if the CEO is poor, it will fail.
Paul
Brilliant....do you also give advice before the event or just after ?
Culpepper
The only reason I jumped to the margin call reason was that I spoke to a local broker in Iceland who had that view. It being a small market they are very clued up on who, what and when.
Another Icelandic company called Alvotech is down 20% in last week. I bet there were margin calls that forced selling of Amaroq. That would explain the sells in Iceland a few days ago. No smoke without fire !
Lymie you’re absolutely right. Decent people would have made an offer to buy from the concert party of Lombard, Polar and Griffiths. Its absolutely disgraceful what these crooks have done.
Griffiths, Polar and Lombard will be picking up all cheap shares today and hence will get 75% so the resolution will pass
Every prior RNS talks about massive royalty payments that are due and then all they can talk about in this RNS is the desire to raise a lot more money. They have been misleading investors. I am going to talk to a lawyer about a class action having mislead investors….will probably lead to nothing but one can at least ask.
Vauch
I don't think you can do better than their website and the last year's RNSs
Thanks for your summary Computer909 with which I concur. There is a part of me thinking it's always darkest before dawn and we might get some results and positive momentum soon. That may be wishful thinking however.
Patience needed indeed. I personally don’t appreciate the historical tweets….that always seem to smack of desperation.
Patience is not one of my virtues either and if it was, it’s not clear with which other virtues it would have to contend.
And more cash coming this year from gold sales
Https://buff.ly/3US1uQ3
A great summary of where Amaroq have been and what are their immediate plans in an interview with the CEO who has to be one of the best CEOs around in mining.
Options for management team at 60p vest only ! That is a very strong indication of what the management team think. At last, a management team that awards for success rather than issuing themselves equity at a depressed share price. Someone has some integrity....phew, I thought that had all but disappeared.
That’s pretty much it. The better side is that it extends mine life and proves multi asset. Equals higher multiple when it gets going.
I thought this might happen as January progressed i.e. investors getting bored, impatient and fed up as we reach the second half of January and potential news has yet to be confirmed. It always takes longer than expected to close these things. More often than not, the terms have been agreed and the lawyers then start crumb-gathering. I suspect we are close on the next stage of funding from the US and will hear shortly.
Nevertheless, I agree...the wait is frustrating.