I hope that you are right and in fact I'm sure all shareholders would also welcome any overkill upwards on the sp, considering we've been in the doldrums the other way for the last five years, particularly since Alex stripped down our asset values to the bare bones. It doesn't seem that we have anything priced in at the moment really, if you consider that the sp for most of the last two years has been a third of a penny, or what would be the pre-consolidation sp equivalent.
We can only see, but it's important to keep our feet on the ground this time around, because we can't predict just what will occur, only what we'd like to occur or believe should occur. What actually happens is another matter.
When the money starts rolling in the share price will have no option to reflect it. The numbers will speak for themselves. Ultimately I think we will get bought out when we are producing on main plant at 1 to 150 which is half our actual value (not including further mining).
It all depends on whether the mms will allow the sp to fairer reflect our actual value. We are in their hands and we know the system on AIM isn't exactly without its flaws. The mms will create a market but ultimately operate as they wish. A takeover offer would ensure a reliable figure at least.
agree with with MS67. I think when the pilot plant is up and running we should be knocking on the 30p door. If not we may have to look at ourselves as a company and ask why not? Its not as if we don't have the goods, unlike other AIM companies hoping on an oil strike or a gold mine hit. My personal hopes for the company is we get the pilot up and running (imminent), money coming in (we get noticed by larger companies), the main plant up, money coming in, then bought out for �1 - �1.50 a share. Its
I can't remember how now (should of written it down ) but I also got to a MC of about 25p per share , in the near term based on the pilot and the info in the RNS regarding the LOI so with the uplift in metal prices since then 25p to 30p short term target seems about right but there is scope for more as other projects come on line such as the WKS , ISF , resource upgrade from exploration of kashi.tu , sale of intellectual property ? just need that pilot up and running but everyday that goes past is another day closer
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