Not a peep from them on the Hismelt rights , the Saudis won't sign anything until that's sorted , will the new owners even grant us the rights ???? What if they don't?
What I'd like to know is what's changed since Christmas , Neill was certain a deal was about to drop and now its May and still nothing , what's changed , or has he mislead shareholders ? , have we been lied to or can they prove a deal was about to drop ,
Where's the offtakes for BV ,a couple of years amd still waiting , have they mislead shareholders by stating negotiations are ongoing ? Or was it simply not viable , I.e sky high transport costs , have they known this all along , or have they actually being going back and forward with Mitsubishi all this time ?? Setting the record for the longest negotiations for an offtake ever .
And now the Pivot to rare earths , they can milk a few years out of this , providing that they can raise funds to pay their wages .
And why the continuous extension of the cap raise ,
They know there's not a hope shareholders will front up any cash at this stage of the game after their disastrous performance, if shareholders didn't participate the first 2 times then they ain't gonna participate the 3rd or the 4th so why continue to extend ?? .
What are they hiding ?
MGU Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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