RE: SORRY TO 'NAG'28 Feb 2019 13:30
Daisan may I ask if you have ever met Fortune Mojapelo? If you have then I find it incomprehensible that you would expect him and the BoD to recommend a price of £1. I believe you are severely underestimating just how ambitious he is for his BMN baby. A number of us spoke to him at one presentation about the risk of hostile takeover (possibly 2015 or 2016) and he indicated that they were already taking steps to protect against this.
"I suspect if someone came in with a £1 bid, for example, that this would have to be recommended by the board and would probably be approved."
I have many times stated my target is 75p to £1.50. However that is based upon just Vametco at phase 2 production levels. However I am gaining more belief in the successful development of BE, Lemur, Brits, Mokopane, electrolyte production, and further increases in V production and expect to significantly raise my target.
Frankly £1 would be an insult. Given the strong pi long term holder % I see no chance of that getting taken at all seriously, even in the very unlikely event of the BoD recommending it.
Regards. Pdub.