Member Info for willahr

the funding gap is not so devastating - c$50m.

at 125p that’s not devastating

rns was designed to cause carnage.

at 16p - that’s a matter for glen, la mancha and others.

cynical.

pis - don’t ******* fall for it!!!!

So they had US$344m available on 30 June with $329m spent of new total $725m

Shortfall of US$50m

though some of that $344 might not still be available

Picked - what is the shortfall they have to find in your opinion?

How much do you think they have to find?

US$344m of liquidity and funding sources on 30 June

US$329m spent on 30 June

US$ 396m to find (Capex budget of US$725m as at 30 June assumed)

Not an insurmountable problem.

COMPANY NEED TO CLEAR THIS UP

At least state what the current liquidity is.

Don't think you'd get $185m for it.

Completely agree.

Lesson 1 from this - if the board don't have their own skin in the game then I won't be touching it.

Grotesque incompetence and massively self-serving.

He has misled investors terribly at the last update.

The events of today are extraordinary. Investors have been totally blind-sided. We are either looking at incompetence or daylight robbery. Either way, JM is in the chair and cannot be allowed to sit in it comfortably / swan off with his IIs in to the sunset with our company on the cheap.

Could a large number of shareholders - PIs and possibly others - make his life uncomfortable?

100% I would like to report JM to the FCA.

It is a total disgrace what has happened today. Incompetence at the very best. But I fear it is worse than that - it smells like fraud.

How do you go from talking re-rate, and on time/on budget to this in the space of a month?

You don't. It's totally bent.

100% I would like to report JM to the FCA.

It is a total disgrace what has happened today. Incompetence at the very best. But I fear it is worse than that - it smells like fraud.

How do you go from talking re-rate, and on time/on budget to this in the space of a month?

You don't. It's totally bent.

Quite how the CEO can say on an investor call only a month ago that all is on track and he expects to see a re-rate as we near production - is totally beyond comprehension.

The RNS is worded very strangely. Do we need 35% of capex budget remaining to be spent? or the total capex budget? How?

A sulphuric stench of something rotten billowing off this on.

Hi - what is your tag on telegram please? What a shame you - there are some idiots out there. Was a great group.

What happened to it? Just suddenly disappeared

What an appalling piece of journalism.

Good to have you on board Magic. Extraordinary times for Nickel.

Agreed. I think JM got a severe case of deal fatigue and was rogered by some very big beasts.
My fear is that those beasts, or AN Other offer him a cosy deal and a big seat at the table going forward - following a take out at a knock-down price.

Today has been excellent for the profile of the company. Over 25 new members to the telegram group. Hopefully some new money on to the shareholder register.

how so?

After that, to my mind, the likelihood we get to production as an independent has reduced.

Feels like some wriggle room on that H2.
5 banks through credit committee has got to be tough

Great interview. Lots to come here. "Big Upside accross the property package".
Looking forward to getting stuck in to the 8 zone.
Top up time.