RE: Research Note8 Aug 2023 09:57
Are you a politician?
the SP is cheap? What are you basing this on? The company doesn’t make any money and is a long way off. The way the company has burned through money that 1£m isn’t going to go far. More funding will be more dilution meaning further reduction in SP. Will the stock be cheap then?
Is a new board (again) a good thing? You told me about the credentials of the board, i could real off the credentials of the previous board and they have the same skills. If this was such a strong proposition why do people keep moving on? Why do directors keep leaving?
There has been a lot of delays I get but this has to be factored in here. This costs and I think this has cost Alien to much. As I have previously said when/if this ever gets to production the need for ore will be reduced and the cost I expect will be far cheaper. The world isn’t heading towards a dirty resource - and China who has been brought up numerous times are on brink of collapse they have built and built for the sake of building.
iMO at this price this isn’t a good investment there may be value but in a year or 2