Even if this does come good, going "all in" is the action of a complete fool with no idea about risk. The way this is going Emed will be lucky to get the permits before 2014. Amazing isn't it that only a couple of months ago they needed 18 months for cold commissioning to get the mine up and running. Now, as they expect AAU at "the end of Q3" and hot commissioning in the middle of 2014, they seem to be claiming they only need 9 months for cold commissioning. I smell more company bullcaca. There is so much work to do to upgrade the site. Anyone with half a brain knows it's going to take longer than 9 months. They're not building an couple of houses; they're renovating a billion dollars worth of huge industrial equipment spread over a massive site. You can't make it up, the ramptastics are still chewing that mouldy carrot, unbelievable!!
The way my portfolio of AIM shares is diving I guess I will have to die 5 years earlier than I planned ! GLA
Buy Rating Reiterated
"EMED Mining Public Limited (LON: EMED)‘s stock had its “buy” rating reiterated by equities research analysts at SP Angel in a research note issued to investors on Thursday" (today). Their last given SP target was 23p and as a new target hasn't been mentioned I assume that remains the same.
Can someone please post a link, I can't see it on the RNS section? Thx
This is my last AIM stock may have a punt on another I got interest in, but thank god for FTSE GLA
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