RE: Ive dodged many bullets on aim27 Dec 2024 09:31
The raising of an additional £15m at the same time as $25m + $5m always seemed a little bit too ambitious for me. I think it's this that will be reigned in.
Some keep saying it's copper or nothing, but I'd like to know what plans the Bod have for Gold and Uranium. I would have thought these could have have brought in a chunk of cash, but then it's almost as though they've forgotten about them, like so many on here.
The £1.5m mcap isn't a realistic valuation, it's a consequence of sentiment. The Bod need to bring something out pretty soon relating to strategy, along with some clear visibility of where we now sit financially.
There's a part of me that actually feels relieved the project, as it was, has been shelved, but as of today I have no idea what their plan B is or whether they have one, and the market obviously thinks the same, hence the mcap.