Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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It means they now have the money to create value. The key thing for me is both LR and MC wanted a chunk of it through the option.... speaks volumes for the future direction!
It means don't touch this with a barge pole
Cheers
Can anyone elaborate to a numpty what the outcome of this is ? Ta GLA
There has been some possible Arbitrage this week, but I don't feel that there will be much at these levels and see the Aus price rising from the current level of 0.001 - 0.002A$ in the next week. ////imho== probably worth a look next week
Dead at the moment, but that's the best time to get in... Doubt it'll go to placing price as too cheap as is.
They have plans already for 2018�.How much clearer should it be ? - Core library �Digitisation� � Underway - Review of further silver potential � Underway - Securing and mobilization of drilling rigs. � Underway - Updated Jorc 92012) resource estimate/report following drilling campaign � Stage 1 - Independent scoping study � Stage 1 - PFS Report commisiioned �Stage 2.
Don't think many will vote. Think Monday will start bringing the market cap a lot higher. There'll be a lot more clarity in moving forward.
MC even !
Roll-on Monday, then hopefully, a bit more action !! Don't suppose anybody will be voting against any of the proposals. NO doubt LR & MR will be buying lots of FCR shares in the mkt, P/A afterwards, with their own money - LOL ! Rather soporific at the moment. IMHO. DYOR.
Indeed well said - with Turner Pope involved in certain the shares are in sticky hands. If this was the likes of Beaufort it would be a different story lol!
Theoretically the SP shud come down by the full amount of the new issuance of shares, but , due to the "Stickiness" of the market, it very rarely does that. In the end it usually comes down to what the MM's are upto and the quality of the new shareholders - neither of which is a known quantity at this stage. A binary outcome, in other words. In any event, you would think that with nearly 5 Billion shs in issue after the EGM, an SP "Consolidation" wud b due at some point. IMHO. DYOR.
Do people think this price will be hit when new shares are issued (after EGM) or are we thinking they are going to sticky holders and that the SP should stay north of this figure?
Thank god justin toothless has gone!
GM on 21st MAY Cap JT gone now. Onwards and upwards.
So much for JT's "Options funding program" ! Wot a joke that man was. Let's hope CB can do a LOT better, once the recent funding has been approved @ the EGM. We really need to GET ON with this feasibility study. Too much time has been wasted farting about wiv Company Semantics for my liking. Sense of urgency now required by BOD. IMHO. DYOR. GLA.
Not checked on issues related to this stock recently but could anyone inform me if we are awaiting any news. I was of the opinion that although low fcr have cash and are currently looking to bring out a JORC for toral but lost the will with this stock and gave up. Any info guys? Thanks in advance.
@Oiltap....Thanks for your assistance...I have received confirmation that approximately 6% of the total shares issued are allocated to the JSE. IMHO I cannot see the justification now in maintaining a JSE listing. So the other 94% is shared between LSE and ASX. Do you perhaps have the % split ?
Still a bit harsh a week or so before the GM. Things are getting put in place. Jesus has come on board with mining sense consultancy. Id say things are going in the right direction apart from the MMs having a fiddle.
Not sure Dillon, we need something concrete about the work programme as there is a sense that the project has stalled (albeit while waiting for approval of the fund-raise at the GM). The elephant in the room at the GM might also be the fact that zinc has dropped to something like a 9 month low. Whatever our prospects are, people will always sell for a reason during a hiatus like this - another opportunity elsewhere or just the need for some cash. Not necessarily a negative just nothing to tempt new money in just yet.
Think these sales are stop/loss being hit. Dont like it when MMs are being underhanded. Had nothing but buys come in and it didnt make the share price go north. What can you do, snakes have to make money too.
08:41:51 0.09 GBX 2,500,000 2,250.00 Off-book AIMX ....this one at 0.09 .....seems like a premium was paid...it reverted back to .08 immediately after.
Strange dealing prices this morning. Either rubbish dealing or there is a mighty big seller out there. So much for transparency
patience
5.2X more minerals then Alta Zinc. Potentially more if expansion drill results prove up, and still less then half their market cap. I'm not interested in the old Ferrum Cresent track record since the new team has been brought in. Good the old rep bought the price down for me to get in this cheap, but annoying as heck to see this just trod along at the moment. Patients.