Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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The Directors feel comfortable that with potential new opportunities available and an appropriate business plan, there is a reasonable chance that they can raise the additional capital necessary to meet the needs for the next twelve months to 1 April 2010. Information should be released mid July which should strength the companys position and value to shareholders
the spread has really tightened up on this. now only 3.25-3.42. This share usually has a wide spread of over 20% but with a few more buys this is likely to tick upwards. With the finance looking to be stabalised until April 2010, cape has a sound future in my eyes. News should be upon us with regard to financing and any positivityin the next week or so will lead to this moving very quickly upwards. we have already seen lots of movement on small buys so this is a potential multibagger, especially with demand /price for diamonds starting to pick up
well it sugests good recovery but a spread this large will not be appertising
New idexonline Market report is out. Looking better again.
thanks will look out for it
Have a look at the idexonline Market Report this afternoon it should help update things and the Rapaport Market Comments tomorrow. Rough prices are increasing at 10 - 15% a month at the moment Alrosa and Endiama are still sitting on the sidelines waiting for higher prices as well.
i hope i make money too !! I was reading there report just need to find it again for proof of substance where they said they were holding back gems to put on the market when the prices picked up so the cash they had was what they had in the bank without selling there fortunes but thanks for the imput i have faith
What percentage would you put on 'Reasonable Chance' ? They are still trading but for how long? I haven't seen any RNSs about additional capital to change the situation. If you believe they will get the finance then good luck and I hope you make some profit in here.
this was the next line on that rns which you forgot to mention !!! IS A REASONABLE CHANCE THAT THEY CAN RAISE THE ADDITIONAL CAPITAL NECESSARY to meet the needs for the next twelve months to 1 April 2010
yes i am...............................
Maybe not. Do you think they will get the finance before tomorrow? Re-read RNS 28/3/09 it gives the latest financial information. Good Luck
is it time for a top up then
are you still in !
seems that this share has come to a halt just as the chat has people seem to be quiet when the share stops moving lets chat maybe the share will move
yeah was great but it just stopped not sure why !! any clues
anyone know why this went up so much? tia
ignore that its not the same share :(
http://www.businessfinancialnewswire.com/frame/?url=http://www.telegraph.co.uk/finance/newsbysector/industry/mining/5506366/Cape-to-unveil-new-Qatari-contracts.html Is this the same company? if it could be a huge rise tommorrow?
30%+ not good enough....?
what happend we were off to a flyer and then nothing
or not
looking for a break at 5p today if all goes well
Price of rough cut diamonds is RISING
elo elo elo,,,,whats going on here then !