Thanks John sorry to hear that you have lost a little in trading it is the devils playground. One question I ask myself is why did a trade go wrong and I analyse them over a period of time. You can then tweak your strategy accordingly. ATB
some getting frustrated with delay but IMO all that's required here now is a bit more patience.
The full value will come next year as resource increases and of course if our other 100% project Er turns up trumps too.
PEA could come any day, but have a hunch it will be end of next week, which will hopefully be the start of a significant re rate With more drilling results due also and other news, its a hold for me as we go into the new year.
I don't think we will have to wait for PFS before we get some interested parties sniffing around.
Out of interest what kind of realistic share price valuation would people genuinely accept for their shares..given that hot maden is the jewel in the crown and any purchaser if not Lidya would as minority shareholder have to fall in line with lidya..obviously if just hot maden was sold or part of the stake at least with a potential return to shareholders what kind of figure do people think is attainable..thanks
From how I understand it warrants holders aren't entitled to dividends and in the event a takeover the acquiring company only has to honour the conversion price. So anyone converting warrants now is just hedging against such a scenario upon our next two important press releases - the PEA and the next batch of assays. Obviously we're all expecting them to propel our sp forward, but they may also drive "unwanted"(!!) interest from a third party. Also I don't believe the company line about PEA and PFS aligning, especially when the PEA was ready at the end of September as was the company's initial estimate. The cynic in me says the delay is just to get the warrants out of the way. I continue to hold regardless, but the frustration on the bb lately is palpable. I hope there isn't a rush for the door when the news is out, as if the PEA is being delayed because of negotiations behind closed doors some frustrated lths could miss the real payday and have a Xmas positively seething. All imho. GLA
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.