describes this shameful betrayal of shareholders as both proposed and binding. Which? Let's be honest, it stinks. I've held for quite some time and topped up on regular good news but there's not been a hint of selling out the investors like this. If proposed, presumably it can be aborted. If binding, it can't, and if the terms can't be improved, we've been robbed.
Still looking promising. As soon as regulatory hoops cleared we should be in business.and thanks to Patrick for the Block Energy mention in the last results. Very rewarding.
This board used to be fine. What happened? A perfectly reasonable RNS on progress and not of just one mine and complaints abound about over optimism, missed deadlines as though the writers could do it with one hand tied behind their backs. The price is down a bit which maybe is what they wanted but several teams are working hard to bring these mines on as soon as possible. If this is the reaction a news update gets......words fail me.
Of course first metal has been expected for some weeks. SPMP still 'expects'. TSTR CEO says' imminent.' With the repairs completed and successful earnings should not be too far off.
The SP is desperately disappointing but that is not down to lack of progress on this project and without Patrick we would be unaware of the Pozz/Perlite potential which should prove very worthwhile, licence permitting and since the locality has proved mining friendly in the past, progress will, hopefully continue. Sell offs as a couple of days back are unnerving but I still have a holding I'm comfortable with and intend to be patient.
for this drop?Halved in 6 weeks. The floodgates haven't opened entirely because everybody's underwater already, A desperate shame when everything was looking so good, so recently.
Certainly hope so with that disproportionate fall just before the bell. 10 million sold is a lot but out of 2 billion+ and at 10 a penny??The late seller(s) certainly got a lousy price, lowest in my memory and just a few months away from what most are holding for. Roll on permits! Tomorrow would be nice! GLA. DYOR.
The 2 Sells, total 4 million, look to me to be, if they are sells, to be at extremely generous prices and well above the bid price. Considering the spread, I suspect that they are buys.
Hopefully all being sorted re Nomad. It sounds promising, though I still don't follow why SP Angel didn't take over the role since the problem was the result of their merger with Northland as happened elsewhere.
My broker won't take orders for this share for my ISA. Have others experienced this? In short, Is it the ISA rules that are the problem or is it the broker?
3.85 Friday. 3.5 this morning after just £82 of sells. on what m.cap? and then, at close, around 3.5 times buys against sells, SP the same as this morning 9+% down. I'm sure the mm's understand it all but I don't.
Good to get the update and right on time. All seems to be working and it looks now to be a very short time until 100% success. I doubt that anybody expected more yet but clearly very close. GLA
Really? There.s no news bar an intended sale for the gold mine and even if there was the company has been concentrating on Tanzania for ages now. Surprised so many were hanging on for the gold mine but can see nothing else to cause the drop. See what happens tomorrow but looks worth a top up.