focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Jeremy Martin to shareholders is like Robert Maxwell to pensioners
Absolutely dreadful Mismanagement
I remember back in July 2020 and so much future potential for the company and Jeremy Martin being spoken about in glowing terms
I just hope shareholders can get together and take some action.
Two tier 1 assets
Actually got major funding packages for them and begun construction, was about to be a major LSE success story, nickel spiked during a crazy squeeze to 100K!
Mismanagement, inflation and completely misguided capex costs, it now looks set for Zero.
There are alarming similarities to here
Think we maybe heading in the same direction as Horizonte Minerals
Thanks Crypto for your reply
I wish and hope that you make really good profits on your hefty investment here. I'm just like many others are heavily invested here and hope everyone makes good returns on their investment
This is going to Oracle Power and Baron Oil SP levels
It won't be this year as the company have funds till end of Q3 and perhaps not next year if they happen to sell the concentrate, but mark my words... In 2026 when the company have completely run of funds and concentrate then they'll do a massive fund raise to stay afloat and keep their gravy train running.
That's when I can see the SP hitting under 0.1p
Successful conclusion was to have been concluded by end of 2020.
In January 2021, the board in that appalling RNS cited Christmas and New Year holidays as excuses for for delays
We're now nearly in April 2024.
It's clear that this is just another AIM lifestyle company. The NDA's are a perfect excuse to continue sponging off long suffering shareholders. Yellow Jersey to fend off angry long suffering shareholders.
This is going to under 0.89p by the end of year if not sooner and under 0.089p when the board have to raise huge funds once the money runs out.
Huge funds to keep their gravy train running
It could go for £35/share
Most likely... Its heading for under a penny and it will stay there until the inevitable raise when the cash runs out. Then you'll be looking at where Baron Oil and oracle power prices of under 0.1p
Scottydogg
I couldn't agree more regarding the board.
It's obvious where this is heading.
Should have bailed out after that appalling RNS back in January 2021, where the board cited Christmas and New Year holidays as excuses for delays
Well over three years on and the SP has plummeted to 1.5p. More importantly confidence, trust and faith has evaporated and a realisation that we have indeed been duped and this indeed is just another lifestyle company with directors getting fat cat salaries and living the corporate lifestyle. NDA's mean that this farce can continue indefinately
Mr Wolfe
The minute NDA's are lifted then CS and the boards gravy train is over. That's what I was trying to say.
That's why NDA's will never be lifted and hence no DFS published
The NDA's are just convenient for the board and their gravy train
Donkeyoatey
You seem to be the only one hoping and wishing ill on genuine investors and their investment
That is real proper sewer rat behaviour.
Apart from treadingcarefully aka Kaash... There is no other sewer rat on this board from you
It could be that the board deep down know that they can't sell and whilst negotiations haven't yet officially collapsed, the board will just drag this farce out until they have to eventually find raise to keep their gravy train running
That's because everything this company does is so very much slow paced that even a tortoise seems like Usain Bolt in comparison.
This queld thing just drags on and on and before you know it - some other court case or legal shenanigan will come up
Four years of utter convoluted farce
It'll be insignificant like everything else over the last four years.
CS has to go and he can take that charlatan Artem fella with him.
Him supposed to have done $100 billion worth of M&A deals.... Probably on a monopoly board
He can bloody do one!
Just kicking the can further down the road RNS
No significant RNS for foreseeable future.
RNS in June will be regarding verdict in court case, followed by radio silence as CS and board bugger off for their summer holidays
Utter farce!