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02/01/18
11:19
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Originally posted by spartan300
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Another bad joke getting worse... Just spin and spin and more spin!
Yet another announcement that's subject to this or that with 'intended' support by Orion.
So they've bought themselves 2 weeks, then what?? It matters little to Orion whether they call in the receivers now or a few weeks later. Most people are still on holidays anyway...
Just five minutes ago they were talking about a $60M finance deal that was 'all but in the bag', and now this next deal is 'all but in the bag' Seriously??
But... now we're putting the cap out for $36M in an entitlements issue.
Where is all that 'strong interest' to finance BLK?
And they throw in the line about returning to profit... Bulldust!!!
If that's so, how about a 'market update' about improving grades or ounces and not a market update about 'intended' support.
Is anyone actually still buying this garbage??
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I think it is a material matter to know which party pulled out of the Pacific Road deal, and under what circumstances. It would not be right to expect people to support a new recap proposal without being properly informed IMO.