Uh-huh. What was the net revenue of the last raise? Negative....

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MiddleoftheRoad

201 Posts.

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18/03/18

21:47

Post #: 31843135
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Originally posted by Subs ↑

MD is NOT saying in ANY of your quotes that they are "strapped for cash with little bargaining power"... You have taken it way out of context. Not surprised mind you...

What they DO say is that they have been sucessful in gaining funding before and are confident in doing the same, but if they did receive less than they want they would be able to reduce costs and still achieve a solid outcome. Pretty clear Id think.

Obviously Redmoor will need funding to develop. Pretty obvious and something we have discussed in the past.

Lochinvar was looking to have some further drilling to try and lower the costs to production. If funding can be sort through a JV like Redmoor or another means then it would make sense.

Still more downramping, you obviously (lol) hate this one yet you are still here with no holding? Why not tell us what you LIKE about it and WHY you actually want to buy back in at all? Or do you just have have a lot of free time and feel like a bit of trolling?

Not very nice selling at 0.7c then resorting to downramping because you want back in (as your past posts have indicated). As you said, you were trying to protect your capital, but you picked the worst possible price to sell out. Blame yourself, not others.

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Uh-huh. What was the net revenue of the last raise? Negative.

NAE was trading at about 3.5c at the beginning of 2017 before testing 52 week lows in 06/17. SML went up by over 600%+ in the same period. SML still up 400% from 01/17. Both companies focused on Redmoor. I wonder what the difference is.

As for you purporting that I sold at 0.7c, never happened. May consider a re-entry if there are changes to the board. Downramping? Stating facts. Let's discuss facts.

NAE Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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