RE: AGM Result - res 6&8 (issue of shares to KC & Artie's withdrawn30 May 2026 13:22
I see this differently. Accepting there may be a possible news freeze immediately before an AGM, why would news warranting an RNS, especially good news, not be announced prior to the event? The board are asking shareholders for further reward – much easier to say yes to that on the back of recent good news.
My take is that there are three newsworthy events, already indicated in previous RNS’s that are due. None of them are particularly good in the short-term.
There is still no visible EIA public hearing date. No public hearing date confirmation in CENIA either. If I have the timelines involved in this correct it now can’t be delivered in full to meet the current 30th June JTF approval deadline.
The cross-border EIA process timeline hasn’t been clarified. Small amount of research suggests this is going to take 4-6 months.
Geomet funding still not clarified. Whether there is a cash call from Geomet or not, EMH cash balance is going to be on fumes early Q3. A raise, at a discount, is again likely.
Happy to be corrected, but as I see it.
@Greenmachine67 I don’t always agree with your posts, but I think you are spot on with your last one. As you rightly said, time will tell.