With another UK high profile project, Sirius Minerals (unchanged today at 12p) was also getting plenty of attention this week as the company raised £43million in an oversubscribed and ‘upsized’ share placing. Investor demand apparently beat the company’s expectations as it received commitments for £13million more than it had initially hoped for. The money will fund the completion of a definitive feasibility study for the York Potash Project. Chief executive Chris Fraser described the placing as a 'great success' and an endorsement of the project. http://www.dailymail.co.uk/money/markets/article-2575664/SMALL-CAP-MOVERS-Independent-Oil-Gas-leads-gains-modest-week-AIM.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
Follow The Frog
ha ha ha - I take it there is a celebration going on, so as am in high spirits too thought this would make you smile, I dunno who you are but this is for you :-)) http://www.youtube.com/watch?v=3iIkOi3srLo enjoy :-))
Chart looking bearish
Long time no hear Jim. Trust all is well. Are you still holding and long here? Did you have any part in the placing? Do you think we might now find out who our knight in shining armour was now the Conversion deal is finished with?
Aye you're right there!! Carbon copy of where we once were!! How many times can they afford to get it wrong? I used to get excited at these amounts being raised but now I can't help but feel it has been all so pointless!! Reserves proven, crop trial results known sales negotiated and yet it's being sold off cheaper than when we had nothing!!!! I'd just like one of them to admit they got it wrong!!!
RE: Today's trades
seems like price being held down deliberately to allow more buys at cheaper sp?
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