RE: COPL26 Oct 2023 14:42
The truth is that this company is now extreme risk IMO. - Mostly because the lies and deception employed in the past throws doubt on all their current activities. Also their lack of professionalism, even now in their day to day business - poor, outdated website, poor communication and seeming total lack of concern for the owners/shareholders suggests a sinking ship, where the last thing they are thinking about is whether or not the table cloths need replacing. IMO the JV could easily be a ruse and the GGS the last throw of the dice. I have averaged down, as many have here, and every time i have lost money. I stopped doing this recently and now would not consider throwing more dead money into this share until we are below 1, which is highly likely if there is no improvement in production for October. All IMO and negtive yes but holding 30k at 30 affects your perspective especially when the whole of the journey followed a misleading, PI stoked narrative.