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I suppose the £10m does not go to shareholders directly so we are subject to buying and selling price movements. You wonder though is a director incentive bonus based on price with this change in strategy. A guaranteed bonus dividend of a further 3p would have been better in my opinion.
No real desperation from here guzz. Every trade is about value entry and you seem to have been burnt here and on a good few others over the years. You have held onto this for too long not just physically but emotionally more so.
From here the numbers are out and done. There are risks ahead based on history but the relationships have grown and there may be an opportunity with the partners ahead imo.
Crazy drop. Project will cost 35% more we know that so share price should be about £1.40 / 1.35 which is still over £1. Ten bagger by summer as funding will get sorted but I am sure most of us would be happy even with a five bag at 50p.
Provision already made for clean up costs. Great quarter with aggressive debt pay down. I agree there is a nice return 2-3 bags in this in dividend return at least. Gold price expected to increase further also.