Member Info for PaulBrains

£1 feels about right if all goes well but important to recognise there's a reason it's currently at 14p -a lot needs to happen to get to 50p let alone a £1 or £1.80.

Just standard auditor taking time over probably the going concern comfort I'd think

Crazy to be selling here but there we go.

Summed it up well I'm afraid. Really sad for long term holders but fidelity sale probably tell you everything. They just dumped immediately they could after rns. Writing on wall.

There are a series of different shareholders and financial institutions. Why do you assume Glencore will simply walk in seize everything and walk away?

Nothing to update the market on. Financing discussions still taking place. Management aren't here to respond to share price moves.

Missed the point.. poster mentioned the gearing ratio. That is not impacted by share price.

Stock price has absolutely no bearing on the gearing ratio. That's simply nonsense.

Your own reading is wrong - the RNS is clear - 35% at least of the original budget of $537 million.

It's clearly worded - This work, along with a comprehensive cost review, has resulted in changes to the design and execution scope, which are expected to ****increase the overall capital expenditure requirement by at least 35% (of current capex budget)**** and delay first production to Q3-2024.

They had to RNS today given the cat was already out of the bag yesterday - I have asked that question on investor call but doubt it will get answered.

Certainly someone believes something tangible. Too much volume not be informed.

Not convinced it's the usual pre-conference hype - judging by the rush for the buy button immediately this morning a weekend tip or conversation seemed the most obvious to me. Pre conference hype could be **a lot** more measured.

Weekend tip somewhere??

Quite agree Chelsea - very embarrassing at the best of times.

It's high risk but I do agree at current market cap of £23m there's a lot of potential upside.

It's a different product entirely. I don't really understand your post if I'm honest.

That's two months ago - cash is being spent on Akatara all the time.

I think that net cash position is wrong but rest applies.

Clueless idiots - not a clue.