hi budge - possibly a consolidation on the cards, they are stretched asset wise and have really no cash other than paying salaries and general admin costs for a short while. being desperate is not a good position to negotiate with inst's on funding.
starance. they will need to raise money, a fair bit for asset development, admin costs and to keep the directors in salaries , would prefer the license to be with boil not SG as it in indirect involvement.
they have just about enough cash to pay the boards salaries for a bit and no funds to develop any assets. No one will farm into xxi and boil will likely have to fund 50% of it which they don't have now. all gone the escrow z34 funds.
RE: Massive over reaction in the share price24 Jan 2020 09:38
i don't care what is driving it down - the bottom line is the share is now going to be sub 17p! time for the bod to get back to work! $2.1m pa are you having a laugh AK!
can someone post the last AK media round interview link i think about 6-8 weeks ago when he was his ott usual bullish self and here we are all this time gone and not one ******* bit of that news has been delivered!. we can all reassess the words.
So where is all this so called significant news flow AK promised 6 weeks ago?? nothing delivered as ever. why has Niger been sat down sweet fa for so long!?