Next Investors email was to me somewhat underwhelming - lots of warnings associated saying it might not be a success.
I do notice however that their parcel has increased from July 13th from 5,893,666 to 6,061,99 and Options from 2,675,435 to 2,833,212.
NI Staff investment levels have also increased from 101,667 to 161,667 and Options 31,679 to 51,679.
They have stated they were free carry from investments at 3.5c, 11c, 10c, 23c with the 12c investment not yet free carry in July. - no real talk on position from 15c cap raise - except that they aren’t free carry - which is where they would have liked to be.
If Scotty is paying these people to pump the stock - I am not so sure they did a great job in their latest announcement.
In saying that - the points in the newsletter are all valid - and paints the picture of reality.
It all points to the market and sophisticated investors waiting for the sample…. That’s when the tide will really turn on the SP.
Keep that drill spinning Scotty … CHOMP CHOMP CHOMP
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