What an unsatisfactory response...
I did a bit more research due diligence over the weekend as I cannot get my head around the following two issues:
a) you were right in terms of the investor presentation. RIR had done one in that period (and others before) and bang the next day or so they did a CR. The question is why have they done the investor presenation. Did they try to do a CR and did not get sufficient subscription from sophisticated etc. investors? In this case it would make sense to now get BB in as MD to get the CR through in a second attempt? If that is the case, how soon will they try again?
b) I went through the HC CLA posts in the last couple of months and am pleased to inform you (and others) that in my view, your post did not cause the run to stop back then. It was more the fact that some punters decided to jump ship (to ARL and elsewhere) because of the ongoing options conversion (that problem can kick in any sec again as there are still +100m options out there) and more importantly the post of Sydney_Slider who reminded everyone that the Opuwo is a recycled asset from
KNE and that his broker told him: " that it's an old asset that is now being re-branded for cobalt from copper, so is unlikely to turn into a real company. Think the old company was only worth under $1m when they had that same asset."
SO, nytryda, the fame is not all yoursThe question is now, what happens if the results are not as great as they seem right now?
The wording of BB's MD contract seems to play this carefully by mainly focussing on copper (i.e. around the $0.05 options), or have I missunderstood this?
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