My own personal view of course. As said before. If they were that desperate they would have got rid of the us assets to clear the dept. They haven't, so my believe is that there are comfortable going forward, with what there doing. Why should we stress because there not. After all if it goes peak tong they stand to lose a lot more than us I hope anyway. So as said before, this is a low sp, and a good start to make a good profit at these levels. Just sitting and waiting for the next rns in anticipation as it will be important for us guys. Let's wait for the match to be lit, and perhaps we could all sit around the fire and watch the sp roar. Hoping anyway!!
I hope you are right. Not long to sort this out now. If a good deal set up I see a large rise in share price. Conversely, if finance not sorted you just need to read last year's half year report to see what might happen.
I think Jay and Phillip will know exactly what the chances of getting good financing/strategic partners are. The fact that they are still embroiled in company business speaks Volumes. Also if things were that bad then they would of let the vultures have our US assets and Ruvuma for tuppence ha'penny.
They probably have answers already at hand? Walking the sp down? Then swoop, could be callous of course, but we are playing aim mentality. Somebody got to make a profit. I personally think x2/x3 by end of February, or am I clutching at straws. If it falls into place who to say 8/10p to start. Dyor. Not much movement for another week or so!!
Jay and Phillip have already absorbed into Aminex and I'm sure it's just being held up by paper work. Canyon was at a dead end by itself but the Directors now stand to inherit a lot of Aminex shares although at a higher price than today. Aminex will be in a stronger position with cash brought across from Canyon and some good assets to sell on or farm down to free carry.
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.