RE: Financial and Operational update in a week25 Sep 2024 06:32
So expect another $20k fund raise to happen in a few days, which I think I will be for POW, the same as the last 20k fund raises. The 163 million placing also looks to have gone to POW, as it equates to circa Β£55k, which is what RRR owed POW, so POW have a lot more shares already than people thought ! I think RRR have enough head room to place shares before GM and pay POW in shares, which if happens puts POW in a position they could possibly sway the vote. The deeper you look in to this the more sordid it becomes and clearly shows RRR is not it a good place at all ! I can see helpful popping up today or tomorrow with his Gold links bold as brass. I genuinely canβt work out how this is going to play out, only one thing Iβm pretty confident off is share holders piβs are going to get screwed big time ! At a guess AB will come out of it just fine however - I would say reputation in tatters but he already had the title of worst CEO in AIM so no worries there !