RE: CEO Interview23 Jul 2025 22:39
Personally I think she answered as clearly as she could at this stage and what the extra funding was for Re Colorado in the interview. you are not going to get more than that. Also the RNS does refer to the use of funds as in :-
"to allot ordinary shares on a non-pre-emptive basis, which the Company expects to be utilised in respect of conversions of the Advance and for the Retail Offer, amongst other things"
Folk might not like "other things". it doesn't bother me as once again I think there was enough info in the interview as to what they were. Sorry we are not going to be spoon fed every little detail.
Re PI involvement it is quite clear in RNS again " The Company expects that further details in respect of the Retail Offer will follow shortly after conclusion of the General Meeting." When they are released up to individual whether they want to participate or not. Nobody forcing any one to. So really don't see what the problem is for some. Whining about something they don't even know?
you don't know what Investors price will be. Or when they might convert. Yet moaning about that as well. They have a right to confidentiality if they wish. It was mentioned that they may be known later. up to them not us.
As for ESP, well that is simply not answerable as to what good looks like. Strange question. What could you possibly expect them to say? Give a set of figures they expect/want? No company says we are expecting so and so for a drill or something like an ESP. They have always seemed confident though so I will stick with that.
If it's a disappointment....well, think we have a fair idea what would happen. The same as all bad Well results. But once again, everything leading up to this point suggests it won't be. Plenty of experts have gone over the details including TG's own. It has after all been declared commercial.
I have said it and will say it again. I like their option to raise such a large figure, or parts of, IF NEEDED. Saves time and trouble of returning to share holders, allows company to make quick decisions.
It is a huge sign to me they are looking further down the line and covering all the bases. So yes, for me, in theory, with SP having been elevated by a string of positive news from first phase Ruwka and Colorado online, they could raise enough to go alone. Or, as others said, to use it as a massive bartering stick. Win Win for me anyway. Or other opportunities/acquisitions. Win Win Win
You are not going to get any more news on anything to do what discussed on here tonight so case of like it, don't like it, sell, buy more, but whining and moaning going to do nothing! Vote against it and won't matter they can cash box it and worse for Pi's. Anyway why would you vote against a company building for the future and on cusp of being a producer?
Interview was done specifically to Pi's concerns but nothing was ever going to be good enough lol