Does a warrant = a share, if so new shares are being issued although we know they are on the back burner due to previous fund raises. 205,000,000 at last agm.
Riverfort and ya loaned £1.5 million so this kind of dilution will carry on until that's paid back. 30% of 5 day vwap is what they paid for them not market price.
As quoted in th rns, At the completion of this process, the timing of which is uncertain, a new Mining Licence would be issued to Kodal Mineral's subsidiary, could be a long wait before we see any progress or maybe before mali elections.
Been here before and lost money, bought back in and am now out for a while after doubling money. SS has history of raising cash just when the share price rises. Wonder what kind of finance arrangement he is contemplating. Hope all get something out of this rise.
This share will only move north when the political situation in Mali is sorted, too many terrorist groups disrupting every day life. Looks a distant dream to me.
The best bit of the latest rns, I think was the lack of fund raising. Hopefully the dilution is over and production at HH Will pay for future works. Looking forward to more communication from the bod.
just read the interim report my fears have been realised, lack of news was a result of not willing to share the water issue . Exactly the same as BB in that ss withholding information from shareholders surely that information should have been reported. Looks like a slow decline in share price from now on until IOW planning refusal.