Let them have the Pilbara, the whole damn lot, they deserve it.
and as I predicted the gold price is staring it’s march back up, we should have waited for however long it took for gold to be hot property again. With these markets gold is going to go bitcoin ballistic at some point but our board took a value dump instead of holding their buttcheeks firm. Clive Johnson will be laughing and those bot engines will be arcing up to full strength again to weigh the price down, should be easier now with the flood of stock on the market.
Also the ETF’s have had nothing to do with WAF, it’s the banksters like the tool who wrote JID’s article that have worked our share price over.
If he thinks the secondary market hasn’t been working well don’t give yourselves a pat on the back for buying this stock as I know I’ve done my bit to try and keep the share price respectable. Smiling assasin gets an embossed invite in mail to the marriage of Sprott and Euroz and rains cheap share confetti down on them as the exit the church.
And boy is it hard to put up with the Sprott ex post facto fan club. And this is from the same guy who had money and was championing BDR at one stage.
What I’ve learnt in these markets is that when boards exhibit this type of disrespect for shareholder value and visit the bordello brokers for discounted massages their habits rarely change, they will be back again for another nice back rub with an unhappy ending for regular and loyal shareholders. Ask JID about the two broker puppet CEO over at BDR and he’ll tell you they had VIP passes to every bordello on the strip. This capital raising was the big reveal that says the brokers and banksters are in control. If an equity raising is a legal contractual prerequisite for a debt raising well that should be spelt out to investors in clear and unambiguous terms and if a forced adjunct equity raising is a prerequisite condition and the only way to get debt offered then sure it might be a “reality” if you are not prepared to wait for sentiment to return but I don’t see any specific reference in the announcement to an equity raising being part of the terms of the debt agreement. Has this deal been fully disclosed?? I wonder.Esh
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