The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Https://www.mining.com/web/us-weighing-record-1-billion-loan-for-massive-lithium-mine-in-nevada/
Https://youtu.be/g6QRDwwwpd0?si=p9zmvmqxj4faWWk6
The market/Sanderson giving it to Adrian after his latest purchase.
Dilutive finance (a.k.a. death spiral finance) - Consists of convertible bonds or similar instruments which convert at a discount to the company's prevailing share price. They can be highly destructive and often virtually terminal for the value of investors' shareholdings. As a general rule, companies with dilutive finance in place are best avoided.
however lyin' steve sanderson, the grossly overpaid chairman and ceo of uk oil & gas (ukog) tries to spin it, today’s news from its **** poor turkish operations screams out “when’s the next bailout placing suckers?” at least owners of this stock are used to it. thanks to the issue of gazillions of shares over the years guess what the losses are for those buying at the top in 2015?
Another 4 months to get the guns then it's snow in Turkey. You couldn't make this up.
Remind me how long the 3D seismic took last time?
And how long this Turkey fiasco has been dragging on?
Sanderson will squeeze every last drop of salary out of this dog before it folds.
An RNS short on details leaving investors to join the dots (as usual)
Listening to Bells interviews hold no weight as the details change frequently (600k a month imminent anyone?)
He can basically say anything he pleases with no accountability (as he has done frequently in the past).