Agree with that, I have been invested here for that long. They were playing pin the donkeys tail, no assays, kind of just pottering around in the shed so to speak. We now have jv's, and plenty of exciting plays, all of which will come to fruition soon and send this north sharpish !
ALO may bump around 1p for a while but ultimately there is only one way this share price is going. Over the last 5 years it has averaged around 2p ish even at some points breaking 5p and was never in as good a shape as it is now.
Centamin hadn’t to date indicated that it will satisfy its initial expenditure commitment for the Wayu Boda Gold Project, if they hadn’t had positive ASSAY results then they would not just throw another Million plus down the drain, so this is why it was RNS worthy, as MJ stated, we are encouraged by their decision and we look forward to providing updates regarding both projects at the appropriate time for both ourselves and Centamin.
would you throw money down a pit for no return no?????? and I don't think centemin would so that's your answer GL
Is the RNS really that positive? I would have taken it as a given that they would fulfil the minimum spending commitment... not sure why it is considered RNS-worthy?
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.