Normally wouldn't bother to comment on the Quarterly, being the rehash of old announcements that it is. Thought they might have confessed up about the Poiombo assemblage that was in the process being submitted end July but nada. The real news is that yes, this boat has leaked again and the sell down has preceded news that it might take another 60 days for the Linhuane lease to be granted, too late for the poor option holders if that's the case.
Makes all that talk by certain posters here that Linhuane grant was imminent just after the cap raise look a bit suspicious. Certainly given the HC and Twitter pile on that pumped the price to 1.5c before being dumped all the way back down to 0.7c again. Wonder who organised and took advantage of that little opportunity to exit at good prices? Might explain the large than expected CR in the first place...
Day trading stocks hey, live by the sword, die by the sword. The heads are fine because when Linhuane is granted you can expect a pop... but who in their right mind risked losing it all on the oppies so close to expiry last pump? A couple of posters here were pushing the oppies hard as a great idea... shame on you.
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- Ann: 30 September 2020 Quarterly Activities & Cashflow Report
Ann: 30 September 2020 Quarterly Activities & Cashflow Report, page-2
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