In the next 3 weeks long term holders may see the share price return to its previous levels, or they may be in for more disappointment with a dud drilling campaign.
Announcement on Mauritanian additional resource, Mauritanian mine build confirmation, Sweden development, Mauritanian gold spin off, all due in the next few months,
They need to raise ASAP and as usual raises are done at a discount. Can they find an institution daft enough to provide the funding at a 0.5p price level or will they need to go lower?
Or will it be history repeating? Another directors loan that ensures they get any future assets?