Ann: West African Resources Awards Engineering Contract, page-45

"Sensational post Esh. I’ll just add that unfortunately without the Banksters a project like this simply doesn’t get funded. We can see the constant churn and the effective use of bots to drive the price down over many months but the other factor is that there is simply not enough demand volume at this moment to take the share price into a higher orbit. Does that mean collusion between the Banks, Brokers, Fund Managers to keep off each others’ turf??? Maybe, but Retail Investors certainly powerless to get the price moving it would seem."

Good summary. If we want to play in the stock market we have to live with the good and the bad and learn to read the signs. The market is the teacher and if you don't pay attention to its lessons you lose.

The test of this management will be the pricing of any equity component of the financing. That is one element that presumably remains in their control if they have vetted such a large range of funding offers. If they approve more equity at a discount to the current price they aren't doing shareholders any favours and depending on the size of the placement will be giving away value and potentially a good part of any pre-mining takeover premium, ie banksters could win twice if there is collusion. Esh