RE: Weekend FUD9 Jan 2023 09:35
This Company is doomed. It's board just kicks the can further down the road, they pay themselves enormous salaries, the cash burn is horrendous, there is no value in the ground, they have been greedy hence "no sale ", the PGM's are worthless, the grades are not economical to mine, WK will never be in profit, NN pulled out years ago along with Anglo, its a spoof and a con, there will never be a sale, the Hydrogen aspect business is just to deflect from current situation, the communications from the BOD's are hopeless, there is no buyer, we will have to invoke the Sinosteel deal and mine ourselves and that will take years. The American investors at 26p just forward sold, and made a healthy profit, DS sold all his shares and has never been heard of since, even on LinkedIn, although in yet another false RNS the board claim he is still working as M&A director.
They will soon run out of cash, and have to raise funds to continue their lavish lifestyles, the pi's who pumped the hell out of this have made their money and left the building. I think that just about covers it all but if anybody knows if I've missed anything out feel free to post.
Conclusion: The above is what has been stated constantly every day on this board 7 days a week and is only the view of reasonable people offering an alternative to the rampy narrative posted by Rampers, which according to the reasonable doubters has falsely induced naive pi's to invest and now lose money. I still hold and await the final outcome. GLA
Oh, I forgot another " it will be 3p next week"