I too am taking up the offer but things that concern me:
- New EV sales in this global economic shock - Zimbabwe's growing instability, it seems to be getting worse from the reports I'm reading, if anyone is local there it would be great to hear your thoughts - Managements performance so far
""You can be mad with the management. But having Sinomine on board and their 10 Mio. $ commitment, MoU with Uranium One and Sibelco gives them some credit in my opinion."" -- Well said, this is the same thought process I had, anger can misguide informative decisions looking forward.
"There are two points that make me think this could be different this time, we will see soon" -- Good points, I'd also add that this is a non-renounceable rights issue so that the only people getting this offer are those holding, hopefully for the companies best interest, there might be a few that average down just to sell and get out because they are done, but I'd wager that a majority putting more cash into this would be incentivised to hold mid-long term, or at least until the U1 agreement is finalised, will see soon I guess, although volume has been incredibly low so it wouldn't surprise me to see it get smashed.
PSC Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held
