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We believe that our partner's willingness to enter into a formal agreement and invest significant capital, currently more than our market cap, emphasises that the right path has been identified and that together we can bring Gubong into production. Importantly, being South Korean nationals, its team better understand the local, district and national geo-political environment and can ensure all stakeholders are supportive while we will continue to provide the technical knowledge to drive value.
And may never have
That’s one issue for starters. I can add to that.
Put it this way - I researched the company a while back and had it on watchlist ..when I saw the farm out news looked at it again ..thought I’ll take some and was expecting to see something like a £15m mkt cap (before taking into account farmout) so I think this has a long way to go and am well chuffed to get in at these prices
If it's not today it will be another day for a rerate definitely nearly 100% increase if it hits 1.2p+
Personally whilst I think that news will be coming in the short term - for me based on the current news we are still very undervalued.
Looks ready for the next leg up.
Just natural rerating is happening and will continue to …doesn’t need news everyday
Hope it continues! News maybe
I'm still waiting on the large trade to show - I had thought it was a sell but looks like I was wrong. Suspect we will see a big ticket close to or after close. It would explain a lot.
Might get Tr1 on buyer who has been loading up during the week
Pop 1.03
The farm out news has been the news we have been waiting for for a few years now - I'm sure that there will still be games like this morning to come again but just wait when the next RNS drops on Kochang to really consolidate and take this back to more sensible heights.
DYOR - its all out there to view.
It just looks very cheap and clearly was un loved ..and oversold over time …mkt cap has a long way to go with what it’s got and where it’s going ..and the farm out news was the trigger for me
Once 1p is broken there will be no holding back. Year high was 1.5 last year in May.
Monkey moo. -Hopefully we will get more good news. You will be well rewarded
Bought 5.8 million shares in chunks …looking forward to next few years and to 10 bag ..gla
Buys coming in now. Mms will let this go now
Oh yes
Feels like it
Sorry Bolicus - not me but Bobat makes a good point. Just look at the large buys and the delay in reporting them - anyone not looking closely and relying on the chart would get the wrong impression and most people don't have the time to go into that detail. They are working the average punter here in my view. But that has nothing to do with BMV - just what happens after transformational news and a big uptick. They play with emotion and fear to create a reaction and increase trades - buying or selling - its how they make their money. Just my theory and I have nothing to back up other than watching over time.
Yes. Follow the buys this whole week.
- Bob and Jersey do you guys have any recommendations on video's or reads on MM's playing games?
Bobcat - would you predict a buy or sell? Im thinking sell but might well be wrong.
Mms working to fill order. More buys then sells today and they have taken this down.
MM's seem to layering / posting the larger purchases across the morning to disguise the reality of a big sell being worked on - just my view at this stage until proven wrong.