RE: 10p by Christmas?1 Nov 2023 07:11
Great reply, Major Tom and exactly why investors lost faith in the company. Bod are only looking out for number one. Cheyeza East plant , touted as fcf of $10m per year, with offtake agreement for funding in 2020? Yet within a week, a placing and Botswana license acquisition. The bod have never picked up a shovel and dug a hole for a living. Neither have their ππ ever got dirty. Over paid Β£800k for 3: directors, that would be Β£200k if my company. Praise where praise is due, but criticism where criticism is due. This company could have self funded the drilling via Cheyeza East plant, without the need for AAL. After all, 2.5 years later we would have spent nearly $20m+ by now on drilling, just the same as AAL, are about to commence. So we arrive at the same time as AAL, but with all of the license. Sadly that's the truth about Arcm and nothing has changed, apart from the continuous bickering.