KOD must be a high on the buy list of a major miner. They've found the treasure, now sell at a multiple to a big boy with the necessary plant to take it on it's next journey. To me, its like a small bio-tech who have developed a wonder drug for Astra/Merck to take on, with the power & experience of production capability.
Been here for 2 years. @ucking shambles.. Don't know how the Company have the nerve to operate, this is clearly an overmilked cow in its decline. The Directors are thieves & liars. What the @uck do they do all day. I know one of them has a hotel/pub in the lake district- lucky him as he sinks his fat harris in a snug room with a pint of good ale while receiving his fees. @ucking criminal.
The market tells you what it thinks, it no likey. It's not fantastic news, it's dilution. Before everyone screams about Mr Gore's investment, it's pocket money to him, lime a £5 each way at Ascot today.
NUOG's frequent RNS's of such similar content remind of a consistently failing alcoholic falling off the wagon & then announcing they're definitely going teetotal from today, only to lapse later & fall into re-hab. This is no revenue announcement & just noise to keep us holding for the next inevitable placing. Been here two half years now & must of heard 6 or so of these RNS's. I wish they'd just their heads down & only communicate when they have news of substance. Besides the odd RNS, what other function for his salary does Comms Director Max Bygrave do? Sing to the board & tell out-dated jokes to them?