Nimba

13 days ago

How could a $4.5 million disposal actually cost you cash? The crazy world of Hamak

The journalist smearing, morally bankrupt, PR shitheads at Yellow Jersey have cobbled together a release Orwellian in its deceit on behalf of Hamak Strategy (HAMA). The headline reads: “U$4.5 million (£3.4 million) divestment of Nimba Gold Project.” Bollocks.

373 days ago

Hamak Strategy: surely this is an RTO and a prospectus is needed? Where is the FCA on all of this?

I shall be writing to the FCA shortly but today’s announcement from Hamak Strategy (HAMA) beggars belief. Quite clearly its proposed #35m double death spiral funding will trigger a change of business, an RTO, and thus it needs to get a prospectus approved by the FCA to go ahead. I have offered the company’s advisors a chance to comment but they appear to have declined. Let me explain the problem.