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@dvharrison Yes I was also in SHG which was another dirty takeover from insiders - after years of shareholder support they took it private just as the glory days and gold bull run kicked in. Expecting something very similar here but at least this one is predictable
4p is possible. But with TM negotiating any purchase deal, well we could be F****
Great movement, but 4 many including myself bought at levels much higher, have bought lower levels which brought my av well down, not convinced will c these levels ever again at 4p plus.
1.10 paid .
BKM- £150m BKZ - 25m Beutong - conservative estimate £200m. This company is sitting on assets worth in excess of £400m. With years worth of blood, sweat and tears to get it there!
Copper and inflation killed asiamet not just T M.
I held SHG when it was taken out for a knock down price so don't underestimate the chances of small shareholders being shafted here. AIM is a jungle.....
4-5p for me also. Be a relief after suffering years of Manini's blundering failures.
DOID hold less than 40%. If a decent offer comes in, the 60% holders will accept.
I would accept 4p as a get out of jail and move on with life bid. 6p and above would bring some satisfaction - albeit a painful satisfaction for the years of disappointment holders have been put through.
What happened to Darren Mclelland he seems to have dissapeared too.
What happened to this person? Their posting history has gone
Like you I believe DOID wanna scoop the lot for 2p odd then take it private then develop the mine to production phase. What remains to be seen is if DM and TM can sell alot higher or secure project finance from the bank before they run out of money. I hope and prey the latter comes true. GL.
I'm tending too think more along line of a partnership with the Company, doid I feel will want try keep this project through too mining, all exciting points all be revealed hopefully this month. Engineering still on going keep costs down further.
2.5p - 3p would be rejected? I think that’s bold without knowing DOIDs intentions. That would represent a big profit for them - granted I don’t think they’re here to buy and sell shares. They’re here to build a copper business, which is why I think they’ll take us out and for less than that. The alternative is for the first time we get a serious alternative buyer - which as I say would be a first post FS19 / FS23. Either way they’re sat on the Board so will be well aware of interest / rival offers.
NPV is currently over 7p, with loads of value left. 2-3p, lol.
I agree with some of your points. But we have to conclude negotiations and valuation will be complicated. I hope we all do well. GL.
Hope so, doid still make good profit at that level, still lot finance time needed get mine into operation further drilling at cost. Times have changed.
Apologies 2.5-3p wouldn't be accepted meant to say.
2-5 - 3P is a low ball offer that wouldn't be rejected. If on the other hand they can get numerous parties bidding could go as high as 6p
If when offer comes tend think be whole company, at what price, guessing 2.5-3p in today's environment.
Been threatening break out 4 sometime 27 million pounds market cap this price
Regular 1m buys coming in for days. Someone is accumulating a position here.
The company have said on a number of occasions now that they have inbound interest, site visits done and data room open.
An offer now would need to be at a 150-300% premium.
Chart wise clear run to 1.6pence.
Broken the 1p on plenty of small buys. We'll know when news is on its way when the big buys come in....
1.00p paid there.