Why doubt indian ? The guy is only posting what many do. Somebody, somewhere, some times comes across a bit of info and posts it, so give the guy the benefit of the doubt. The reference to 'colourful' K. Foo may also be seen in the context of Celtic having to fight through the courts to regain ownership of its massive russian gold mine and the same institutions will have lost out there possibly with a depressed s/p.
The mail will be out tomorrow. The market is closed so no one can do anything at the moment anyway. If this was posted before the market shut people could have said it was a de-ramping attempt. If there is nothing in the paper tomorrow, then what effect will it have.
As for using III on a different user name - i too used to post and still have an active account under a different user name from 4 - 5 years ago.
Such are the joys of investing! As for having £11m in the bank at the last reporting period, i think that was dollars and not pounds and would at this stage not be enough to cope with all the planned drilling over the near term. I don't believe anything has changed and with Kemerkol ready to start i don't really see funding being a problem though institutions as always will be trying to get the deal that suits themselves rather than VOG.