Hi idg69 Hope you are well. And as for jlp i thought 2017 was a great year but unfortunately this is not reflected in the share price. The market does not trust Colin and neither do i and i think most shareholders would like him to go.The dilution is killing the share price and it would not surprise me if we see more Dilution as Colin is very good at this. Good to see RKH doing well. All the best breezy.
LC may be doing good work on the ground but he also talks the talk from the podcast Leon ..... "and of course we are fully funded and so we won't be coming to the markets to execute our projects." the market will not continue to buy this BS
The market just doesn't like this share. CB doesn't inspire confidence I'm afraid to say. LC has done exceptional work on the ground and if this was any other company the share price would have been heading north in 2017 and 2018. No logic to the fall back (except the ridiculous dilution which was not needed in my opinion). If this company had a Chairman who could earn the respect of the markets we would fly.
I have emailed both Colin and Leon a few times and never had one reply.
Maybe the existence of a 50 million debt facility helped to lure the institutional investors?
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