It is great to hear from one of our German shareholders.
To address your concerns, I should point out that we don?t want to issue many shares and we are making sure that we increase our potential earnings per share or PEPS quicker than we are increasing our share capital. As such, we believe we are significantly adding value to the shares on issue by running our current work programmes.
For example, our nickel processing technology can potentially be applied to copper, zinc and rare earths and the money spent is in the form of a share investment in another company. This will allow us to realize some of our expenses as share sales and hopefully profits in the future. Added to this, through our work we are able to expose our operational profile to other metals thus giving us polymetalic risk mitigation on the downside and polymetalic price leverage on the up side.
I look forward to updating you and the rest of the market on future developments which I expect in the short term.
Very best regards,
Andrew Mortimer
PRW Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held