could not agree more shareholder.
i based my investment on what the company was putting out in announcements my key indicators were exactly what you mentioned.
1. the first 2 mines cash flow positive ,
2. 20 million cash from sioc
3. penumbra fully funded and online in 3rd Q
4. sale of vanmag SHORTLY
ETC , ETC,
they have put out an announcement saying they have recieved the cash from sioc? was this a blatant lie? if not where is the money? was it used for pen? due to management saying they have not drawn down on the money from absa.
surely it is not legal to put out announcements if they are not correct.
i thought i was investing in a company that was starting to make money?
this investment has been 3 months of hell
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