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I seriously didn't want my price prediction of 0.15 to be hit. Looks like it's going that way now. We need to be bought out and quickly.
The new study won't be finished until end Q1 which will be too late as this could be sitting at 0.075. This should be sold for at least 2p. At this rate we will be lucky to get 0.5p.
See LR's managed to drop EUZ too this morning. We need something from CB.

To be fair if Mr Waites sells, that means it's a screaming buy.

And it would be a screaming buy if BZT updated us more as to what is going on.

But he's not and thats why people are selling - JW's exact words.

I want to buy more as there is a massive asset there. BUT if more money is needed before they agree a sale and they don't have it this is going into ADMIN. That is what is putting people off here and this will be one of the key questions tomorrow.

Unfortunately my prediction for November is now a reality. We need an rns urgently to try and stop this free fall.

He’s already let Choco go for peanuts with probably a nice little sweetener for himself. I wonder if he likes this share price being ran down so that one of his friends can take over mankayan for peanuts too and he gets another sweetener under the table. It’s the only reasoning for letting the share price run down I can think of given that he likes selling our assets at a massive loss. Perhaps the excuse will be mankayan was a distraction too and we are now concentrating on eureka. Wouldn’t surprise me.

As far as I've heard the Far East investors are happy to purchase under the MPSA, they are used to doing business with neighbours.

It's just the the West that would prefer the FTAA.

I understand that there have been enquiries by the Far East and the West.

BOD's focus should be on only following up enquiries in regards to selling Mankayan to the Far East. They are willing to buy it now, whilst there is still a share price that can multiple enough to get investors some money back.

I am not interested at all in going down the FTAA route, just to massage LR's ego or curiosity. This could take 6 months to a year and will bring the share price to it's knees.

Purely speculative but say The MPSA gets us £20 million from the Far East. This deal could be done and money received as early as March 2018. This could bring the share price back to anywhere between 1.5p to 2.5p, which is something.

The FTAA route will do nothing to get investors or institutions excited. It's just more jam tomorrow. It will take 6 months to probably get any approval/decision, then you have to hope the interested parties are still interested, way too many variables. That's without going into how many cash calls are needed.

Point is we don't have the luxury of time to wait for a potential offer of say £50 million by going down the FTAA route, as with the time it will take to go through this company could be in administration. Then what do us shareholders get? Nothing.

Would like to hear other shareholders views on this

Yes true, if we get to that point without going bust first.

The lower the share price gets (today is a new record low) the more difficult it is to keep raising funds.

So the main question for me is which share price will we be at when we get a buyer for Mankayan?

As seriously if we continue to get no news this will drift lower.
I'd guess
0.20 by end November
0.15 by end December
0.10 by January and a cash call at 0.075

There's also a disconnect with what the market "thinks" a company is valued at. Just because we may get an offer of £20 million, doesn't mean it will go up the same multiple compared to what it's currently valued at.

Not scaremongering, this is just the way it is, seen too many shares do the same.

I think there is a bit more than blaming Trump and Brexit at play here.

Almost a year ago we are a producer. We had a potential mine with Choco worth tens of millions. We sold it for £400k.

Now we have become a travelling estate agent with one big asset, which they are incapable of selling.

As for copper, yep we all get it, it's worth millions and billions, yet after nearly one year no offers.

I didn't invest in an estate agent. Especially an expensive and useless one.

At this rate Mankayan will be worth just 0.80.
Share price is drifting could easily fall down to 0.20
No doubt another cash call in January (look at the trend) which would execute at 0.10 (IF we can find the funding)
That would give new investors an 8 bagger if they buy at 0.10
Unfortunately for anyone that bought this year thats sweet FA in terms of profit

Absolute shambles and Lawrence is taking the ****. Don't even know where to start. Choco being given away. Mis management of money. Too many conflicts of interest with other companies he heads up. CB might even want to run this share price down so that one of his mates can take it over for nothing. You can say it's a conspiracy theory, but why not, look at this share price.

Yes I literally had to check the amount three times before doing another top up at 1.155 as thought I was losing it. Just doing my bit to mop up those beaufort shares before the big news.