K2P 0.00% 18.0¢ kore potash limited

Yes games are being played now with dinghi. They didn't accept...

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  1. rwa
    520 Posts.
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    Yes games are being played now with dinghi. They didn't accept the offer lets pump out some shares as low ball see if we can stir anything up. You are correct for the last 5 years especially under McPherson I question the direction of previous management. The difference now is they have a solid plan and direction that looks towards production with backing beginning to be positioned. Doesn't really matter the share pruceywhen when it's so tightly held by the big harlequen guys who are not drawing a wage and have only thus far put money in. Harlequen now have averaged down to 26c. Why not take the profit and move on? Because things are in play. It's all about funding at the minute not the fluffyness around the share price. Summit would not be putting in 70mill aus unlesd they had done all engineering due diligence and looked at all possible scenarios. The shares bonus management structure kicks in at 50c and above. I've also seen the 4million bought by sophisticated investors is a private equity big boy 10s of billions under management. Yes it's been a disappointing several years with possible mismanagement but that was then and things are being positioned. For the lil guy like me I care about the share price but I don't think the decision makers (that aren't getting a wage) care if it's 10c or 30c. They only care of the end game. Since the harlequen consortium have pumped in there 30 million and during Sanders time nothing has deviated in what they've told me with my discussions with them and my contacts that have more intimate business dealings with them. Be perfectly honest id be happy to flog mine to dinghi at 37c but the decision makers have no interest in flogging it at below potential value when producing they are firmly on the track to execute there plans.
 
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