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Methinks a little bit of rivalry going on here :))
So who are you, CP? Graham or Christine? ROFL
Hi CP,
No, I noticed. I wondered why you'd repeated it twice, but I wasn't going to say! LOL
ATB
'Whilst the Record Date for the Divestment is due to occur at 6.00pm today, the Company's shares will continue to trade with an entitlement to the Divestment until the Ex-Dividend Date of 29 October 2020.
Accordingly, unless the counterparties specifically agree otherwise, a buyer of the Company's Ordinary Shares ahead of the Ex-Dividend Date will assume the benefit to the Divestment by distribution in specie, and the seller would need to pass the benefit to the buyer, even if the seller is the recorded owner at the Record Date.
New Ordinary Shares to be issued in connection with the Placing will have no entitlement to the Divestment.'
Not too late to get on board.
DYOR
I think you'll find the upside is already priced in. This will go down to 8p quite easily.
James can you explain where your getting 8p from?
so far i've read valuations from 25p as high as 50p but not come across 8p
Froth and hype - you read valuations from people that are long . A lot of AIM investors putting money into this, wanting a quick buck. Alas it will be a long long slog. Probably much better of with Bitcoin at the moment if you want a quick buck. Gold has also topped.
James123,
The thing is that entities such as Barclays, G & C, etc has accumulated shares above 11p, I would say they know quite a bit more then you do.
Lots of people are buying in, much like most AIM shares on the back of Rampers comments. This is a set and forget investment that will take many years to deliver shareholder value with a "significant event". In the mean time it will need funding and the minority dragged along shareholder will find nothing but frustration as their capital is tied up. If that is the reason you are investing then fine, but are on this forum for quicker returns with much more certain upside and limited downside.
James123, I'm guessing you're a BCN shareholder. Do you hold shares in ERIS?
ATB
It is no guarantee of success. When you are burning through £0.5m of cash a year and have no income, what is going to happen with limited reserves and long long pipelines?
My site froze. So James123, do you hold shares in ERIS?
ATB
I think erris gold has already been sold?...
Ja, ich bin ein Zinnwalder. Laut auflachen [LOL]