I don't think any of the T5 are selling down based on volumes traded over the past few months but more likely smaller retail investors giving up on expectations and promises that have not been fulfilled.
It's time for this BOD to deliver the majority interest in the LULU exploration JV and update us all on bulk sampling, diamond sales and distributions ex-Angola.
Also why not produce a balance sheet and P&L for the 9 months to 30/9/24 that shows us the YTD following sale of Mothae.
I realise Mothae was sold for peanuts but what I want to know is what is the book value of LULU and MERLIN and what a summary of cashflows will disclose YTD for the 9 months.
This BOD need to communicate with shareholders and that needs to start NOW.
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I don't think any of the T5 are selling down based on volumes...
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