RE: Exciting times ahead12 Dec 2019 14:58
I genuinely hope Fura comes off for you guys!
But I’m going to give you some perspective about the astute fura gems.... they did a deal with mustang resources 19 months ago for just under $10m, then delayed and extended many times and in doing so put them under financial pressure... then renegotiated it down to $2m. Now this deal is still being extended!
I hope I’m wrong but no company would release big news like this before the Christmas break - it’s madness and you loose momentum!
Honest opinion - trade but don’t invest! Make some money and move on - don’t linger on deals because the people ‘running’ rld is simply a side thing for them.. do your research!
If fura does come through yes it’s massive - but if they don’t and simply take Capricorn?
What’s the purpose of a London listing? Fura regularly raise huge sums of money with big premiums to their share price so a London listing makes no sense - especially with fundraising being difficult.
This is just the pessimistic opinion of an ex major shareholder