RE: Cash14 Feb 2025 07:10
Back in the day, Scott once claimed that they didn’t need to do a raise, that if they needed funds they could easily get $30 million simply by selling the CGP shares…. Of course the share price was around 21p when he said that… he hadn’t shut all exploration down, declared a pause for a never ending strategic review, and destroyed the value of the company back then.
If Scott is forced to sell any of the CGP shares around this level, he should be sacked.
On the Telegram channel, Pete, Im assuming PBow? here, has been savaging the irresponsible management/board oversight of this company.. and he has been absolutely correct in his assessments in my opinion.