At the end of the day talky might be a good idea but if nobody is interested then it’s no business - it’s just not scalable and that’s what big investors look for. He delisted so he could fund his lifestyle while praying that a poor idea might come to something. Problem is he’s just not that smart technically
How will getting a permit make KDR shares go boom? That’s all they’ve done since they started. Got permits, found garnets and done placings. Ability to raise any more from placings surely gone now.
What planet are you living on congratulating him and calling him sir? He’s a snake oil salesman and he’ll have another placing away before you have time to blink.
The main reason this won’t rise is that everyone and their aunty knows that Milholland will always Killy any rise with a placing. So no point in investing. Only way this will rise is by acquisition
The problem with MOS RNS's is that each one crows about a business win that's barely enough to pay for a good developer's salary for a year. That's not a business.
What's the point of a permit if you don't have the cash to explore? How on earth Conroy will get his next placing away is a mystery. Time to mention garnets and jam tomorrow.
I stand corrected. You're right that he wouldn't sell below the exercise price (34p) I think but he doesn't have to buy share options. He would have to buy shares or for to convert share options into shares (subject to vesting conditions). So art wouldn't have been selling. Apologies. I got that one wrong.