RE: What a pump and dump that was.....13 Aug 2025 15:18
Lordsidcup's stomach tells him he needs 2,000% to break even.....while Naheed has drawn £1,000,000 since taking post (give or take).....her stomach (and wardrobe) is full.
Assays should start to filter through soon?, the RNS of 17th July stated "first assay results expected imminently" - hopefully they know what the word imminently means (today's RNS states "we look forward to releasing the first in a series of assay results shortly")......to my mind 'shortly' is a downgrade from 'imminently'.....thought the red dot was going to relate to the first assays this morning.
RE: Naheed's Q&A Precursor to Placing10 Aug 2025 08:08
Naheed Memon is on £150,000 a year.... I believe she's taken something like £1 million since becoming CEO (and lost shareholders a fortune by delivering sweet FA).....no cuts seen with her.
If we were on the cusp of turning this into anything she would have bought more shares at the all time lows increasing her diluted holding, she hasn't.
She reiterated that the Director Share Purchase Plans are not economically viable but 'failed' to say why she hadn't bought shares on an ad hoc basis.....I'm pretty sure years ago when the Plan was cancelled she said that they would just buy as and when....that never materialised.
Lordsidcup, I've listened to the whole Q&A, you have greater expectations than I do, she talks a good business but I'm afraid I've heard it all before and this has given me no more confidence....next RNS will be a placing IMHO.