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Finland should be the cheapest and easiest project to get over the line.... But even battery technology is being surpassed by hydrogen.
If Bowie and his ilk were only renumerated in equity, just watch how quickly they'd get the SP rising.
There's a reason the Musks of this world pay themselves in equity. Bowie, like Budge can simply collect his salary regardless of performance. Who pays? You and I.
And name me one thing I've be wrong on? I called sub 1p. I called a share consolidation long before others started banding it about.
No-one wants this to succeed more than me, but the material facts speak for themselves.
The next 6-months really are make or break as a PLC.
The difficult task in hand has never been in doubt. And I've no doubt that Kallak will be mined. By whom is another matter.
Vardar has always sat uneasily with me. No accountability...
But never underestimate a person's greed. Rome continued to burn as Budge, at the behest of the board employed consultants to advise a pay rise. Just another example of poor management. It's not a good look.
And we still don't know Bowie's renumeration.
Perhaps read the RNS first?
12-months is the maximum... Based on the company failing to achieve full subscription. We didn't last time, and I guarantee we won't this time.
Keeping the lights on is the bare minimum. I'd hardly call that a success.
Taken private for a pittance...
I understand the owners of Baobab Resources in Mozambique are doing well.
Soak PI, and then take it private, stating "that's the best price we could achieve in challenging times..."
If you don't know the score by now, you really should'
Not from private shareholders, once they've served their purpose, it will be carved up. Do you think the capex required will be raised via small private investors, or do you think any institutional investor will demand absolute control and therefore the equity (Your shares) in the business? And do you think big business plays fair? Or indeed pays fair?
The board has demonstrated it's inability to achieve a sustainable share price that reflects the companies assets, and so it can be bought for pennies... Literally. Who's got your interests?
And you really can't help yourself. Small mind...
You do understand the consequences of the ever diminishing returns? kallak goes for a song and you get nothing. No pin money... Nothing.
As I said, you don't have the intellect.