RE: VAST7 Sep 2020 18:14
MU345, AP has now sown the reason for another placing, the 1 month delay is not his fault.... maybe the other 10 were not either but this one he can pin a bridge to. The RNS stated this does not affect the deal with Mercuria, but how is that if there is a months delay to met the quota [you know, the one he hasn't told us about yet]... so the market has sen this as another can kicked down the road by Andrew....another missed deadline and another bit of jam. It will come good but at what extra dilution.. the numbers suggest a £1M plus per month to run the mine, and there is a strong case that he doesn't have it. I am gaining more shares than I expected but at these prices it does appear to be a steal based upon 2021 projections. B