Think they can’t afford anytime reputational damage with MPL, makes even more sense if you read this today, and logical to settle with MPL than risk further damage!
Real issue is leadership, the CEO already destroyed SP previously and they’ve re-appointed the same guy. Market has ZERO confidence in this CEO. Until change of direction it’s little shareholders can do at present.
Likely forward selling why this dropped so low, no placee selling down here it’s 10% below placing price, so likely they’re done. Watch out for strong bounce in coming days!
RE: £20mcap+: 2 Huge Aus Tier 1 Gold & Copper Projects + Funded18 May 2026 12:38
SP rock bottom, and still managed over £1m funding at ZERO discount…current markets this is unheard of! Surely something to do with imminent assay results?
Karl was CEO previously when SP was in the 0.6s and since his appointment it’s headed that way. Is a geologist not a CEO, and a very bad one. How can HAMA make the same mistake AGAIN??