What surprises me most about this announcement is that some people still believe the share price will rise - they must have short memories.
JP has pulled the same trick again.
While it might seem like a step forward, it's just another smoke-and-mirrors statement with no real substance.
Terms like "MOU" and "Due Diligence" are nothing but flimsy and unreliable.
There are no details on timelines, conditions, or specifics. Nothing.
It's disappointing, once again - just empty words without anything concrete.
The only mildly interesting part is the confirmation that the Glencore deal is dead - as if no one could have guessed that.
And yet, they’re implying it was a unilateral decision. Let’s see what Glencore has to say about that.
I really feel for the retail holders - they deserve so much more respect than this.
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