RE: If you had to design a company....16 Jul 2018 15:11
Cperkin - or as I think of you "little orphan Annie" - you have been belting out "tomorrow, tomorrow I love ya tomorrow" for at least 18 months!
Thanks for that link. I have listened to it very carefully and there is not a single word of it which makes me want to change anything that I have said today. Ritson is going (but not yet) and from everything he says he will not be present when (if it ever happens) Solo actually does what it is supposed to do just once! Not once!
The contents of the link have completely backed up my thoughts. The stakes get higher, the sp drops through procurement dilution and running costs and people have to cling on or buy more in order to protect their initial investment. Then you just keep it going on and on and on. Always with vague and forever moving timescales or with no timescales at all. Financing? How? There is only one way left for Solo!
You have not answered my question "Does Solo look like that kind of money extracting company?" The reason you don't answer is that it is painfully obvious Solo looks like that kind of company. That is the worst thing, because shareholders are in the mess they have to try and perpetuate the whole thing in the hope someone else gets collared and they can escape on a spike. That is all you want but the market is not buying it any more. It is not quite a pyramid scheme but the outcome is similar.