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I would hope that 8 months into the fsp and non binding offers on the table that a point has been reached for sale purposes , I would not like to think that the goal posts would move again and again time after time and I would think legal team would be advising accordingly. Prospective buyers will know their limits as far as price goes, a completion date must be imminent, 1-2-21 would do me
Dfs figures should have been published to share holders and as you say don’t fall under the nda.
Share holders should be informed as is important to us in event of a no sale as it is for possible buyer
Has just become a pick a number share , that number was 30p for weeks , new number is 25p , mm’s can clearly do what they like with no accountability to anyone .
It really is time now that the bod give them the true value of the company and put to bed all these shenanigans.
I can remember posting when sp was 38p and black rock entered the arena that our sp would be trashed while other thought it was great that they had bought at that price . They trash every company they buy.
Let’s hope eua bod roast them and show them who is in the driving sest
The bod claimed weeks ago they had non binding offers presumably waiting on dfs findings , they now have dfs so surely sale if there is going to be one should be a basic rubber stamping exercise.
Bod have at their disposal tools to stop this rot and manipulation by the mm’s by simply dropping the sale rns , so let’s have it .
Does anyone have a view on why no details of the dfs were released, I find it strange as i would deem it to be extremely market sensitive information as means to put a true sp valuation on company
This rns I feel was stage managed to do exactly what happened , cause mass panic and selling . This individual would not be allowed to sell in my opinion.
I see it as the final push to get rid of weak and I do expect sale rns either tonight or in the morning.
27 million is not a huge amount compared to what some board members hold
The people that will come out of this bad will be the ones s who are short , sp I expect will come out of suspension north of 1p so may well destroy those who have been trying to destroy company , to many large investors so I am not worried
That’s just it seasick , those in the know are happy for us pawns to support the company through the choppy waters knowing that they can trade other stocks and make money until the time is right and they get the nod then buy here and make an instant profit .
Toon
No they haven’t but have gone under ground with their secrecy.
They raised funds a while back to advance mining processes so I would like to know if that is happening or are they going to p... all that money away on legal teams etc with a possible no sale , share holders have a right to know
At this late stage in this fsp eua with no sale eua will need plans in place to commence mining themselves at start of season so as to keep a revenue stream going , so at least an operational update to share holders should be released
In time we will all know the reason why we are being held at this 30p range.
There must be some reason why every time we rise to high 30’s or 40 that the rug gets pulled from under us , 36p approx is a mcap of 1billion , does it have any significance to where we are.
I have a feeling the bod are working hand in hand with the mm’s to discourage the pi’s from holding and frustrating them into selling .
The speeding ticket was first to knock us back , then when black Rock got on board
We have gone backwards ever since .
I feel they are trying to have all II’s on board so giving an opportunity to go it alone with a 10-20 year investment plan
Hence the hold on sp
They are determined to take us to the 20’s
The only consolation I have as I watch the falling share price is that the bod members are loosing at lot more than I am .
Bod pull the finger out and announce the news!!!!!
The bod have had more than enough time to conclude this matter , they are playing mind games with share holders , keeping us in the dark while it looks like they are facilitating the mm’s in accumulation of shares for the big boys while they squeeze out the smaller fish. They are on a we power trip not wanting to give up their baby of 25 years.
I’ve said before but more so now at this critical stage that news will come through the back door and not from our bod , there will be insiders bursting to get news out here