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Overreaction too what?
Like sheep being led to slaughter. Complete overreaction
…………
poppyseed 100% agree with ur assessment. talk of a placing after recent interviews etc would mean one thing and one thing only. dennis edmonds losing his job. no ceo would be putting out commentary saying what he’s saying for a placing to come round days later. (well we all know gilles clarke did). now 12 month low.
qtr 1 and qtr 2 is key here.
re slump in sp. will just need to wait n c. would be really disappointed if there was a leak here. it’s happened multiple times before with kennedy ventures but i’d like to think it wasn’t happening here.
pis are always the last to know but i keep going back to ams and there buy price. why buy at that price recently to watch ur investment tank. they will know why they bought in and what the future holds.
i’d love to know the real reason align walked. lack of funds to take company forward? or just sick of the bs from board. who knows.
anyway. it’s just a waiting game, always has been, let’s hope dennis isn’t another bull****ter that will go quietly in the dark like the lying larry johnstone. i’d love a good chat with him.
good luck all.
fb
Meant Prior the AMS news.....
I agree it doesn't make much sense.....this exactly why I was so positive about the SP prospect after the AMS purchase, but you can't argue with facts,short lived rise turned into the current level which is even lower than the AMS news......Will have to wait and see soon enough. 😉
No logic in a placing being a cause.
AMS has just paid 1.5p/£4.2m for 29.9% and, from the explanation given after the recent AGM, it's clear they were not supportive of Resolutions 8 and 9 concerning the extension of removal of pre-emption rights.
Add in that the CEO has just talked of his ambition to make money for investors via Kazera in an interview he didn't need to give.
Where's the logic in a dilutive placing immediately following those recent events?
In any case, why wouldn't AMS just cover any short-term funding requirement, even supposing there is one? I can't see them sanctioning others filling their boots down here when the only way they make money themselves is to see the SP above 1.5p and at a time so close to production/sales/other ventures (or why did they buy in at such a premium, agreed over a year ago but the bulk of the deal being completed so recently?).
Today 13% drop on relatively low volume is harsh and make me puzzled, this is also in addition to the little daily drops we have incurred lately which again on the back of tiny volume..... as always PI kept in the dark but surely something is known to some.....bad news? Placing? .....I am holding to my fair size (for me....) very tight but not as comfortable as I was only few weeks ago when I was very positive about the SP finally heading in the right direction.
Hopefully there is no real reason behind this latest set back.
Do you think there will be a placing because the SP has dropped due to a leak -- or do you think there will be a placing just because of the drop ?
Unfortunately a possibility of placing base on the latest retrace is something that cross my mind 😕......if it does happen I really hope its not below 0.50p ,not far off the current SP.
The waiting?
Placing?
The silence is deafening… apart from that long interview the CEO just gave…
Yep ! Someone on here said they had circa £100K !!! Thats a touch lesson in AIM crappyness !!
Definitely not golden here 😒.....
Fast approaching new lows, personally not tempted to add more, I have more than I can chew already 😅
Deafening and the SP shows plenty losing patience.
...and whose going to be the next person to say "at these levels I am averaging down" ??? I did at around 60p and its still bleeding !!!
As I understand it the security risk relates to the diamonds, or to diamond gravel. Our plan is to remove the marine diamonds from the mined HMS straightaway. Once that is done, I don’t think any bandits have any interest in the sands. In any case, even in relation to the (much less important) diamonds, it sounds like they have a good plan
Let's hope so, more interested in this other investor who he talks will bring in game changing investor op. GL.
"Very high risk" - is that the best analysis you can provide?
It's a diamond/valuable mineral mining operation, in a remote jurisdiction, in SA.
Did you consider such mining occurs with a gentleman's agreement over a cup of tea?
Dennis seems confident the Army will get to grips with the Zama Zama.
Diamonds by the end of February, marvellous!!
Of more interest is the purchase/loan of a magnetic separator combined into a deal with potential offtake partners.
I believe an inflection point is close.
All about mineral sands project, diamonds by end Feb hopefully, very high risk with this mineral sands, talking army protection ect, not sure I'd want put my money there, pure punt, await new investment oppitunitys from this new investor.
It's there now
https://twitter.com/StockBoxMedia/status/1748409498929111386?t=F4HNqOKSgLNw2l_gKlDtdQ&s=19
Not doing at moment
First, a little teaser:
https://x.com/MarketMusing/status/1748306473610858865?s=20
AGM been and gone.....nothing to report as expected really 🙄.....
Meanwhile the SP keep drifting back,having said that it's a fact, the darkest hour is always just before dawn.