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I think the MM's are wanting to let this go you know
when we were red earlier today, the spread was 11% obviously making it less lucrative to sell. when we are blue the spread is smaller at less than 4.75% encouraging buys. the result of which turned a 10% fall in Sp to a 5% increase (ish) in just a few trades
wow, what a turn around!
very good call Coconocchio!!!
Thanks coconochio. Up $100/t on the day and pulling zinc with it.
Galileo sitting at such a sweet spot here and now.
Copper just switched on the afterburners . Expect a strong afternoon here
Make that 1.00 bid again as 1.04p paid.
I think the jungle drums are starting to beat....
I agree with you Minor, I have in my head maybe 5p, but yet timescale isn't nailed on, but with a reward like that it just depends on how patient you want to be. Starzinc will be monetised at some point (soon by all indications), We will JV our PL's on the KCB, we are doing that now (indications are we will find something, fingers crossed), Glenover wont just sit there on our books forever. The road is always full of bumps in Aim, its just do you have faith in your research to outlast them to meet the target you predict.
say starzinc isn't monetised before the £1.8m we raised runs out (I don't believe that will happen). There could just like any company be a placing......but then starzinc will be monetised, the zinc plant cant sit half built un used forever, so starzinc is our insurance policy. I predict we will keep getting news from the JV on the KCB, at some point in one of the RNS's there will be an incentive given to our 2 new staff members which is nothing to worry about as they are worth their weight in gold. other than that and without sounding blind with confidence the latter half of this year should be bump free (there iv said it, touch wood and all that)
Yes I agree but still no real timeframe in place for any of them except what has been said in interviews, which I don’t 100% trust at the moment.
Not bashing trust trying to maintain some healthy scepticism.
Confirmed revenue generation comes from Star Zinc production, and then there's our share of a Glenover sale could (should) be north of £10m. Cash plus income enables the prospecting of Ka****u and KCB from company funds.
An awesome scenario.
I can’t see 7p without some sort of confirmed revenue generation in the near future, without that, and I am hoping that it doesn’t happen, another placing is always a possibility.
Look at JLP, just after announcing there maiden yearly profit they raised £6 Million with a placing.
Hey AlpsPacino
All depends on the timeline of the newsflow, obviously:
Mining licence for Star Zinc could be any day and is due,
then an off take deal with Jubilee should drop very soon after,
The Zambians should, hopefully, grant a large scale licence for the much larger Kash'itu at the same time.
Elsewhere we are promised a deal on Glenover, within 3 months from mid-July.
The helicopters is, or very soon will be, flying over our Kalahari Copper Belt tenements with early rushes of what lies beneath the sand within weeks if not days.
Q3 is going to be very exciting. Q4 could see that £50m mark.
What tine scale do you have for that prediction?
There HAS been some chunky buying early on, not yet reported.
Couple that with the delayed buys from yesterday and I think this could get spicey.
In short order am looking for a £50m MCap - that's towards 7p.
1.08 paid
Best offers at 1.10. Looks like strong background buying from the bell.
1.0340
New high from the off