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Must be 1 billion tonnes of hippo mess. I actually think they are trying to get talks concluded regarding offtake agreements but somethings are out of their control and maybe the MNC doesn’t fully trust they can deliver.
Esprey and Groves are such shady characters, I wouldn’t put anything past them. Something dodgy in the works for sure.
Trust is totally lost in Carl and this company. Been talking about due diligence offtake agreements since before they were producing coal. It still can’t sell coal! So is the coal basically dog sh*t…like the share price!
Yeah, you’d think getting a mine up and running was the difficult part but it seems selling the coal is!
Let’s hope he makes his 10% and does one! All over X pumping as well!
I sold my last tranche of 600k shares today for 13.22. So I’m fully out. Not happy with how it ended but a profits a profit. Time to move on and put this behind me. Good luck to all the remainers.
Shanta Gold aren’t listed either and they currently are under offer! I personally don’t think the credible proposal to buy CGO will come to anything so maybe CGO couldn’t afford the travel costs!
Jammin86, it's all guesswork on how long it will take, but my guess is over 3-months! So I disagree with the ThePublican777 who said '3 months is the max'.
I own 1.24 million shares and will vote NO…. if I hold them all that long, as I’m tempted to sell to leave the anger behind and free up some capital. Like so many I had been loyal, believed in the company, trusted Eric, and accumulated more over the years, expecting a much bigger return. Just can’t believe how they have shafted all retail investors.
I’m surprised this hasn’t been leaky one way I the other.
It will go higher later today as people like to buy when rumours of a bid start circulating. The profit takers who bought in the last week probably cleared out early this morning.
It doesn't take much volume to push this higher. A blue day is well overdue! I hope we can make it two in a row!
Yeah, annoying that there’s been zero comms at this supposedly important time! No info on production or sales. And I wish the board would buy shares to instil some confidence, but no, not purchased one share!
I would like to see Carl buy some shares!
It should bounce now that Odey's shares have changed hands! Lucky punters who had the opportunity to buy in on this drop. I wish I had spare capital to join the party, but I'm already overexposed here.
The article said it is closing the Odey Swan Fund, so OAM is not being wound up!
Yeah, and their holding dropped to 118,712,412 by May 31st. They won't be dumping them all, but even a large chunk will take the SP lower. Jesus. Lucky for new buyers at these prices, not so great for those who held! This time next spring, I expect to be quids in, though!
I agree Tornadotony, definitely not the price action I expected this year and now wish I sold when I had 20k profit at 13.5p this year! Now I'm in the red!
I agree scoredagainsteps and have been expecting a raise but I’m holding for the long term gains so not bothered.
Been away for a few days…did I miss spike!!! Not exactly getting the typical pump and dump action here. Been waiting patiently for months and will continue to do so, for a good return by the end of the year!