Adrian Hargrave, CEO of SEEEN, explains how the Company is now funded through to profitability. Watch the video here.
GIT, thanks for your positivity, MM still could do better! Sorry to hear about your mother, a very sad way to spend your later years!
You take care too and enjoy the sunshine.
GIT, my faith is well and truly shattered, it may be restored by results further down the line. I have lived in the Iberian peninsula and heavy rain in the winter is not unusual, flooding can and does occur but weather is somewhat unpredictable. Perhaps Jesus, God and his mate Moses will come into play! When MM eventually resolves the financing situation and comes clean we can all regain some faith. Waiting for the Q&A session for some answers.
GIT, with a poor Q1 and shipments of 80t this month it is increasingly likely that they will miss their own 800t this year ( as per shard report), and that’s their lower estimate. We still do not understand the full financial implications as MM is hiding the truth from investors. I wish Jesus all the best but fear we will need the intervention of the big G!
Troajan, October? Just when it states to get wet again, marvellous, you couldn’t make this up! Why can’t the run 24/7 in the summer and reduce it during the winter as weather permits? None of this makes any sense until MM provides a thorough explanation, which he never does.
Watch glass, my wife’s holding was way back and long before consolidation, when shares were worth pennies, not fractions of pennies! Hence my wife’s average pre-consolidation was over 3p, she now does need £3 plus, believe me. I am somewhat more fortunate (if you can call it that) and now need 60p at today’s prices. I am sure that there are many other people in the same position.
OMR, some investors don't stand a cat in hells chance of seeing a return! My mrs brought in at 3p old money and some higher, so £3 + required, dream on hey. Bloody hell Masterman, just think !
Wow, you are very lucky, my wife brought in at 3p and 5p old money and needs a least £3 to break even, not a cat in hells chance. Well done Masterman!
Clueloss, the recovery rate is not the only factor and it will vary according to the ROM feed rock and ore content.
I think you should replace your ‘o’ with an ‘e’ !
GUG, I entirely agree, running a mine is not a really big manpower intensive operation, they can test twice a week for COVID, similar to the way my wife works at school. They work outdoors for most of the day and social distancing shouldn’t be an issue. They should get Regua up to speed ASAP.
OMR, the only picture I see at the moment is Dante’s Inferno! LOL
Of Regua, or Sao Martinho. As usual only half a job MM! I would hope that supplemental ore from Regua might rescue this poor situation but not even a hint of progress.
Tonlin, we said that last quarter and the one before ( if my memory serves me right!).
Would have fired MM ages ago!!!
Safety, 800t to 1000t per year is not enough and not what Masterman told investors. The trouble now is that trust has been eroded and nobody will believe a word he says. It is time for him to be replaced. The market will have a field day with this!
It seems that MM continues to mislead investors and never tells the whole story. I’m think it’s time for him to go, very poor indeed.
OMR, only 23% down in a week with no clear way ahead until Q2, Q1 figures adversely affected by rain and flooding, why should we worry?
Sad, but I’m getting mighty hacked off with this kicking the can down the road now!
Here we go, next draw down £250k another 2.7M shares issued at 9p and an instant profit for atlas. More of this and it is no wonder the SP slides. Where are the figures Masterman and what is the plan to get us out of this fine mess? Where’s that bloody Spanish grant too?
GUG, if your figures are right, I suspect he stands more chance of getting some of his money back than running with circa 15k. We we all see what the oracle comes up with in he next few weeks, you might as well wait until then.
Gw123, I was not a great fan of consolidation and the volatility prior to this gave me optimism for a return on my investment, now I’m not so sure! If it’s any consolation my Mrs brought these a 3p old money, now needs £3 to break even ( no chance). Personally I don’t think you will get 70p this year or next, possibly in the longer term if all goes well. Happy to be proved wrong though.