RE: CEO CONFIRMED22 Sep 2024 17:11
Sienna, Not sure there is a funding issue ? The Board have shown they have plenty of money to buy the stock as you well know and HNW Investors have comfortably subscribed when asked. In the last few months, AK paid 0.75p per share for 99 million shares from Richard Jennings holding and Geraldine bought 200 million shares at the then market price of 0.50p per share so the Directors are confident . Also let us not forget the Company holds stakes in our existing Wells which could be partially reduced to bring in Partners and cash for working Capital should they so wish to exercise that option too . All in all, I am feeling more confident now than at the start of the mad scramble to buy the stock last time we hit market lows so I am adding more to reach my 20m holding target, joining the Directors in putting my money where my mouth is too ! Gla for an exciting period to come, I feel, for us all !