RE: FIRE SALE ?? 🔥27 Sep 2024 22:22
@Cybertron
PG has got us where we are today with minimal capitalisation and major assets, with hopefully very favourable upside, near term, what you suggest he should
have just thrown the kitchen sink at Morocco goes against every discipline he has employed thus far.
The share price is somewhat immaterial as we are going to monetize the assets.
This is and has been a lifetime's work for PG and he has the majority of shareholders on side in that respect,
To have kept the shares in issue to under 600m with an MCap of 52.76m is an achievement in itself, he is also a major holder himself and understands the importance of shareholder value, so to suggest otherwise is at best naive.
Have a good read of the RNS from the last 2 years then you will better understand what is being built here.