RE: New broker note minimum 11p27 Jul 2022 11:05
This company in truth potentially has NOTHING.
If drills dry then share price will plunge and further dilution with cash raises to fund the exorbitant day to day costs will follow . It’s clear to all . It’s hit or miss. All or nothing .No director buys at any price , just options that cost them nothing whilst keep over paying themselves .
However , with a successful drill the private “gamblers” will do “well”.
At least we appear to have a clock ticking timescale now. Amazing how they award themselves options just before news release . Guarantee not just luck .