George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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going towards £3 ...
it's going towards £3...all shorter are having bad day today
As I said ‘if the leak turns out to be true’ but let’s hope it was fake news. It would be wrong in many ways if such news were leaked out from a company like RR and I would’ve thought an RNS or immediate action to the like would’ve followed to clarify the situation but it hasn’t so yes, possibly fake news - wouldn’t be a total surprise given the world we live in today! If it is fake news and no RI is issued, then this should at least rerate into the early 300s in imo to recover the 20% drop due to RI ‘fake’ news plus the 10% gain on the virgin Mach 3 news. GLA
" After the leak of a potential capital raise, "
Leak ?? ..or total fake news ??
How do you know it was a leak ?? ...because 4 nameless "contacts" said so?....
Soz deep, 212 it was not 210. I was generalising! Splitting hairs and all that but you’re right. Won’t make a difference after Q3 as we’ll be heading upwards strongly
Last week of August they will release their 6 month financial reports - that will be make or break time for them - I have the rest of august - I very much hope they soar up - but what is going to do that
If you were so confident you should have taken short position and make money? let me give my perdition, its going £3 soon before issuing rights shares then moving to £5+....6 to 12 month target price. It's not a penny stock , it's a solid business, current SP only reflect it's defence business and market priced in worst case scenario dyor
Cas - change the record bla bla 100-199 yes we know brilliant your a genius ... errrrr except it hasnt got there yet so you so far are 100% wrong !!!
Doyezee - 210p when was it 210 .... 212 is the lowest point today
And as I said, it has already dropped 20% since the ‘leak’ re capital raise. At 210p, it had gone past that so was oversold which is why the 10% bounce. This will be day traded now for a while due to to uncertainty but I think it will sit around 220p until we get clarification. I hope I’m wrong and it ticks up but without any positive news just don’t see where it’s coming from.
I predicted a buy rate area of between 101-199 back in may
People laughed at me - telling me to go away -
Rolls would not state they are looking for funding just for a laugh - so my view stands and they will need funding and I think but can’t guarantee the price will be in the range I previously stated - hence I don’t understand why people would buy at these levels with the more than likely chance of a dilution .
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The rest I will leave people to work out .
get over 225 RR...
I'm basing it on the market, the ftse is down roughly the same... no? correct me if I'm wrong.
People are buying cause they think this is the BOTTOM
Once again Casa, what are you basing it on... simply leaked stuff and current pandemic? Or you got inside knowledge and trying to be subtle about it?
The bottom has not been reached - don’t understand why people would be buying now knowing they will be falling further - very strange
After the leak of a potential capital raise, if they are going to do one it needs to be now and not September though scandalous if the leak turns out to be true. Just shouldn’t be happening with a FTSE100 global company. Peeps need firing but that’s another story. Aston Martins recent capital raise was announced and executed very quickly and the discount was 20% on the SP at time of capital raise first announced so expect that here. Thing is, that’s what’s happened to the SP since the ‘leak’. It has dropped 20%. I think SP will sit in a 5% range until an announcement is made bwo RNS. If SP is discounted a further 20%, fill your boots because this will be hugely undervalued then. Already is imo.
Ty
Continuing on this trend sub 200 this week /next
Rr can’t afford to wait another month to raise money - they need to wake up to save their jobs and the company and issue an RNS to give share holders something .
If they do a placing I think personally it will be around the 1.50 mark ish . But get on with it - no company is to big to fall and if they continue to bury their heads in the sand the consequences could be very bad - just my view
Fair play Casajaluma only person who called this right. Placing price must be very low. And the good thing is you could buy in cheaper then that.