Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Grossly discounted to NAV at 0.4
Our largest holder paid £4.2M for their 29.9% stake,they put a fair value of £12.5M for the company in December.
Current Mcap £3.75M.
We are going to be cash positive short term and are owed £8M for the mine sale with another buyer lined up.
No one can deny the upside here.
Bought more today and shall add further.
First target 1.5p ,
Love your optimism fight man
For long term holders I expect your posts should read
(1) we COULD be cash positive but unlikely based on history of BOD
(2) we MAY have someone interested in the mine but this is likely to drag on
Agree that strategic investor paid 1.5p although this was agreed early last year - would they have paid that now ?
First target is 0.5p for me
Not a criticism of your post and love your optimism- I have learnt over the years with KZG and formerly Kennedy ventures to be glass 90% empty with this co
Agree with this really, the BOD will have to prove their worrh to regain my trust as a VLT holder !
Investors smelling the coffee.
1.5p target for moi.
April could be a key month. Worth a flutter imo.....
Any gain would be underpinned only if we get positive news .....something I am fully expecting,could and should be good time to invest here,IMHO.
GLA.
Moving up nicely, all buys,
Under the radar this one.
Just need a whiff of positive news now.
Gla
The whiff has been there many times before, it's just come and go.....pretty much like the promises from the BOD.....
We need some news with substance for a change.
Just nice to see a stock rise and hold all it's gains with no sales. See what happens when people buy and do not sell again within a few hours for a whopping loss...stocks rise and hold gains...amazing ain't it
Let’s not get excited - about 12 grands worth of shares trading hands today. Many on this board have many times that amount - a few sells and we will be back down
Really need some days when volume of 15-25m but we need news and communication for that to happen
Buying down at this level is a full 1p lower than what the 29.9% holder paid.
Great to buy in at this level.
No debt
£8M due for the mine
Diamond mining start imminent.
I know there are LTHs sitting on large losses but you can't deny that this is way undervalued.
For new investors this is steal.
Going to pop any time mm's want full 0.5p for 500k
Well it's moving up now
Full ask of 050 paid there.
LTHs will be happy.
Market waking up on this now
As a LTH I'm trying to be disciplined by not buying anymore having averaged down over time - the price here looks very attractive, and certianly all the pointers are to a rerate. Not sure about the market waking up to it as volume is still very low but it seems that news is imminent, so lets see what happens over the next month or so....
And still under 5 million m/c . Bargain for new investors or potential traders gla
Delayed 1.7 mil buy at 0.484p on Aqse started the move
Well if its a P&D is a very convincing one ! Ive only been here a short time since 2016 !.
For an overall gain for me I need to see 2.5p still but I am happy to get 90% of my cash back frankly as all these years I could have put it to much better work...
Pump and dumps have 100's of posts with one or two well known people posting none stop all day long. There's been 8 posts today despite the rise and once again no selling even though the bid is well up in 2 days. Bodes well. Hold for gold
Looks like that 1.7 million took out that pesky continual sellers daily allocation in one hit!!
Definitely more buying than selling today. Maybe, just maybe, things are going to improve for us poor VLTH?
Well with 0.05p rise on a daily basis you will need only 40 trading days to reach your 2.50p target.....not that long after all those years....
Good luck 👍 mate.
Taken small punt trade today, just hoping this not move higher into a placing. GLA
You aint doing so bad for numbers of posts in a couple of days considering I dont remember you here before ?