It's all about that really at the end of the day and well done Cassar, good play. Gilgamesh - yes, always a danger of the dreaded P but if it's for a good cause and you have an LT view them it's ok. Always sensible to de-risk in shorter term a little though. It's going to be a good year for decent junior minors with production prospects imminent. I also rate MTR. Sorry for off topic.
Anyone here following VAST? Cracking performance last 2 weeks and a great 5.00pm RNS. That's another one I'd written off in my SIPP. See what patience can bring?? Be patient here and you'll be rewarded.
Well, if there is more to this than meets the eye then I'll be shocked frankly speaking, sure we'll re-rate short term and spike and then retrace, consolidate and then go again but we have to keep it real. I doubt that a JVA will take us to more than 15M MCAP initially - look at Kibo in this regard and they have other assets on the go too. I may just be proved wrong. AIM is illogical at the best of times! Lol
There surely has to be more to it than that... I mean 8 months on not many peeps will still be here... Some are obviously going long term and will reap the most rewards but if the spike on one given day is like 200 - 300% then a lot would have already sold or at least derisked.
Me too mate! I'm a bit more patient and certainly not a ramper. I've been here since November and bought my first batch on the anticipation that at some stage they would benefit from Kibo's progress. That's now the case. Different companies and different dynamics etc. but both have a lot of coal which is needed to generate electricity. If a JVA is announced then obviously it's going to be a positive for the SP. Beyond this the meaty SP part will come into play nearer to financial close which to be fair will take another circa 6 months plus. There's no reason why in time we can't see a penny SP which would value us at £80M but you need to be patient. That's it really. Nothing more to add. ATB
Well said... In a way if something big wasn't going to happen here... Darwin won't be out... We also wouldn't have the shuffling of BOD... It all leads to connections with the Chinese which will happen sooner or later really.
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