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I agree, been topping up in the late 18s and 19s, feels like the right thing given the amount of positive news on the horizon (hopefully). But only time will tell. Either in or out now. Iām in for the long term, fingers crossed! GLA. CJ.
If you can be bothered to wait then it'll be pounds rather than pence. But no doubt traders will take 40p if offered.
I'd rather wait 18 months and reap the true value of our asset.
Try Ā£'s, pence too low in a years time....š„
So, it looks like if you are here for a few wks/maths pence will suffice, and if your in for yrs, pounds is the name of he game...š Nice deviding line to determine longs and shorts...
I think you can view the actual bids that we have had in one sense as a positive which Neil also refers to and that is Assore were prepared to pay substantially more than what we were/are valued at and also added at a higher price than where we are now ..I think we as shareholders can take the positive that management said we are not putting that to investors as it under values the company substantially ..so where would anyone go from there if they wanted to take out ALL ..well if it were to be a recommended bid then I would suggest it has to be well in excess of 33p and if a company were to go hostile then of course that could mean a bidding war and we could end up way way higher but lots of ifs buts and maybe !!
Try 60p, 40p too low.
Thanks for posting. Enjoyed watching, got to the nitty gritty so to speak and its good to know that work is going on behind the scenes re ratification process, committee etc even though parliament not in session I believe.
40p just sounds a bit naff to me the more I think about it. If it were forthcoming.
Feldspar by the sounds of it from Neil's voxmarkets interview could be a bit less than hoped for, but reduction in costs nonetheless. Will see in the study.
Looking forward to the updates
I'm of the opinion theres a 'wall' of money perched waiting a crucial derisk event of ratification, akin to planning permission
uk analogy. We have a field without planning, few cows can graze but nowt else.
Once planning lands, that field soars in value, it rockets, it oft then changes hands, rapidly, large sums involved, sometimes several times, b4 spades go in.
We have the unusual situation where say 40p is both 'cheap' (define), and unlikely to occur at such premium to current sp
Both sides of the coin are 'right'. Personally I cannot understand why the floor isn't in at 33, the bid price.
People the term 'undervalued', and I know they're expressing an opinion, buts its a similar anomaly, the one and only value is 19.20 as of 2 minutes ago. There is no other actual 'value', only perception. ATB
Yes, not would be the perfect moment to try and take the company out on the cheap, before the last de-risking milestones are complete. They know the board will only entertain offers over 33p after two rejections of that price within the last 6 months.
If a bid came in @ 40p would equate to an uplift of 110%, don't get me wrong be nice ......but is that really likely from where we are now??
Some very direct questioning by Howard...interesting that Neil's average is around 28p...anyone buying at these levels is buying at the price 4 years ago pre Piedmont investment...we should know exactly (or have a very good understanding) of where we are going in the next 8 - 12 weeks...if the Government ratify (note: every ML granted has always been ratified to date) and offtake is agreed then 40p plus will easily be breached...thrown in Ghana Stock Exchange listing, resource upgrade and Feldspar credits...it should be interesting ...no surprise if further bids are made for ALL...DYOR
Want to know what's really happening with EV uptake? Watch this.
https://www.youtube.com/watch?v=GKv6V4-5pZU
The new Rock Stock channel interview shares below is a must watch for ALL shareholders. Paritcularly around from the 27min mark when discussing a potential 3rd bid or a bid from another company. Seems likely to me going by what's said.
Neil also mentions for himself personally that buying shares at around 20p he see's significant upside and even states 100% in a short space of time...
Bid coming at 40p?
A good run through.
As the time for talking draws to a close vis a vis ratification you is either in or out here. Feels that binary to me. I'm amazed we're 18.9.
Its possible every post regards revenue should be suffixed 'once ratified'(!)
we sit we wait
ATB
Spodu up a bit would add US$1.46MIL to revenue PA for ALL.
Agree swest42, ratification is key, the world is watching them US UK, SA and China, Their countries trading credentials are on the line, mess this up people will go elsewhere for all industries not just minerals. So their whole economic success will be riding on this to some extent
I should have bought the Jun24 option instead of the DFB :-) Big quarter coming up. Like Q1 was meant to be. Board still handsomely rewarded though.
FWIW I consider ratification the no.1 milestone by a country mile.
With it we go go; without it, we might as well all go home, bids , listings, take offs all have no legs.
akin to UK planning permission. one can make all the plans one wants, but without planning, its for the birds ..
I'm sitting tight and keeping the faith, but it ain't easy, and I don't think I'm alone in that. Come on Ghana! GL
Re a cheeky bid from Assore..................if Assore were to take over then there would be no GSE listing and we consider this to be a fundamental element in helping secure ratification ............without that what will Assore have actually bought.............my faith is that the people and Government of Ghana are our best defence against another bid from Assore, but of course if the money is right anybody can be bought, especially in Africa
Listing on the GSE is the green light for ratification without confirmation which will come in that order. From time of listing when big buying starts from people in the know in Ghana will be indication of ratification very soon after
"So, multi-penny question, when does it list on the GSE?"
Multi-penny answer - "listing expected by end of next quarter" - so hopefully by end-June 2024.
So if nothing from parliament tomorrow , the SP will languish around 20p until April. Will we get a another cheeky bid from Assore in the meantime?