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This is what is happening at present. Coro are entering into an agreement to buy out the assets of the above from the SL.
Need FDA approval, need partnerships, need end game... All a long long way away.
No gurantee still that the science works.
Before we bounce.
See this happening.... Cannot raise the funds to be viable, too many delays, and prices falling.
Too late to the party.
Both cannot get traction and profitability in a very challenging discounted environment.
The days of ASC and BOO being market leaders in the discount value sector has evaporated
Asos will never get the crown back, overtaken by the likes of Next, H&M and a number of European competitors
following your nose... **** roach will never monitise this project - its fooked....
time for him to fess up
Wonder what that was about !! Scared to be made inside, need to short this first, before I call Tom back
This is not going anywhere will probably drop beneath the flotation price
Bookbuild after the close.
This is poised for a raise a lot lot lower, stay short.
Announcement on farm out partner next week !!
Looking for it again....
Paul is way out of his depth.
Being an aim, unfortunately the company is always gonna be undervalued there’s no getting away from that
However, I think that Paul doesn’t have the knowledge to be able to deliver on the projects that the company has and I just think he is way out of his depth.
He is a huge holder in the company and is trying to massage the company to get a greater value for the company.
Date, there’s been too many red flags in regard to delays And unequivocally not keeping the market updated in what’s going on, he is just way out of his depth.
This needs to be handed over to somebody who has experience in the field. Unfortunately he doesn’t
BOR their bankers and their brokers have been in the USA discussing a farm out.
Will try and get who the parties are.
Interesting times ahead … it’s about time
You all thinking Anavo have a lot to lose, you are all wrong, they took their chance made in excess of £100m and now they are giving back £20m
The biggest losers as always are the shareholders who invested on the back of the statements made by the BOD where infact they were clearly fraudulent.
Art is behind all of this, taken SH funds to fund the project to where it is today, taken the company down, now he will be back to take the company out of C11 with a buyout of the assets, pay off Summit and carry on the drilling and monitising the assets all DEBT free.
When the company agreed the ludicrous financing, with interest repayments on a mom basis of $200,000 is was never sustainable - who is the blame for this ART
Kravitz made it clear that the company could not pay its debt, Summit doesn't want the asset so the only one in the frame is Art.
The company is in dire straits because of AM - no one else, and he is the one to pick up the assets.
TOTAL SCAM, STITCH UP ALL AT THE EXPENSE OF US THE SHAREHOLDERS
WOW... what a change in sentiment.
and no need for an to appraisal well, more cash saved and time.
Helium in short supply globally, and we have a tiny market cap
Are you not supposed to be in school !!!
That the plant will never get built.
Now we know IT IS - Massive rerate coming !!!
The volume is not showing a deal is in the pipeline.
If a deal is, it will still wipe out equity holders or at least dilute them to nothing.
Time will tell
Tick tock, tick, tock
Is compelling for the Falklands
This farmout / JV is all coming together
Any ideas ?