Well....to be fair: Scott also oversaw AIM Resources/ BTR to go from 6 cents to almost 1.96.
Perkoa was not the hell of a great deal for the shareholders...however it helped BTR to survive and the drilling successes at Kitumba were at least partly because of the persistance of Scott (and "good marketing").
I ask myself always what it is the motiviation of an individual to do something. I guess in this case the motiviation of Scott might be twofold
1. secure is job mid/long term
2. he is not finished yet with regard to Kitumba
We should not forget that even in the best case we need hundreds of millions to bring Kitumba (if ever) into production. Further dilution probable. My guess therefore: pimp up the bride and then sell everything in 2-3 years time frame.
Obviously there is still a chance to find (a lot more) copper in the region. Not impossible.....but no guarantee to find something. Well...it almos Christmas time and therefore time for miracles.....
Ann: Ceasing to be a substantial holder, page-14
Add A1M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $256.8M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.8¢ | 45.0¢ | $171.6K | 378.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28387 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 266 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| A1M (ASX) Chart |