Spot on, I think the same. Too many capital raises and shares on issue and the games can continue as the sophs have the power. Which is why we have to do all we can to avoid another low-ball capital raise. The more SOI, the harder it is to exit the cycle. To be honest, consolidations do not help either, because the sophs still have the same weighting and percentage of the register and can still continue their games to trade it in those zones for easy 5-10% gains which all add up!
The 3 delays to the gekko timeline also do not help! We heard it will be in operation September per the last Revere update so if there is a 4th delay to this, then the warning lights really start up imo.
The share price is a disaster but it all changes once gold operations are in motion and we are self funded. Risk of capital raises and more dilution decrease and this should attract more retail holders to counter the strength of the instos and get a solid re rate happening imo.
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Spot on, I think the same. Too many capital raises and shares on...
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