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If the rumours are to be true and a disposal RNS lands then this will indeed triple almost instantly. I agree with that. How sure are we? I'm going to call the company for some clarity here.
But there have been numerous extensions to that date. No reason to expect that it won't happen again
Well in that case this is a bagger all day for the next 2 sessions. I have made a packet from rock, I'll throw some of it this way.
Well you are going to get profit takers into close and then onwards and upwards tomorrow
Yeah, way I see it they cannot get back in. These big buys eating the free float. Someone knows something.
nearly 300 million shares traded today!!! market makers not selling shares they don't, are they????
I certainly wouldn't want to be out of this over the next couple of days!!!
FURA @18c so far today - very small volume though.
Early days yet, expect a lot more to come then I'll start getting excited lol.
Suhail, i have been invested here since buying in at 0.07 and have always found your posts extremely detailed/ informative and factual. I have topped up again today and believe your correct in your prediction of 0.5 although an additional 100- 200% from the current SP must be on the cards short term.
With the recent buys, people seem to know what is going on here. Whether they have done the same in depth research as you or there has been a leak, who knows..
I wish you all the best and thank you for your sensible contribution on this board - i'm sure others would back me up to say you would be welcome on some of the other boards that a lot of familiar names i see here are invested in.
Yep I get it - It really suits Fura to be involved with us to get onto the London Listing so it's really a win win.
Also tax losses can only be transferred to an acquiring company in the same sector. Mining.
I would suggest to you if there is no news tomorrow, it will be the same pattern as usual. Nothing is ever concluded over the weekend, so lack of news tomorrow will almost certainly be the harbinger of another extension RNS on Monday IMO.
Yes..looks like big rise coming as you say...atb
MMs happy to take stock at this level, clearly interest in the background.
Lots of traders having a field day this week with all the big risers.
Is there an indication of Value on the Acquisition?
Once they have all the gemstones stock, website etc there remains only the real estate - mothballed gravel pit in Queensland.
I think it was https://www.capricorngems.com.au
Fura want it and the listing - well they have it now in principle ... my estimate is 0.35p a share total value about £4m
1p by Christmas? That would be an extreme rise!... Reading about the disposal, how do you think the relative value paid for the Capricorn Mine (rumoured at CAD$150,000) will be factored into the SP? This will all be confirmed by Monday either way so I expect a rise in the meantime just unsure to where... Any thoughts?
Well myself (and a friend) have taken you're advice and bought big... Hope to see that 1P you're talking about; that would make for a great Christmas!
Come on RLD - get passed 0.2 and you going to 0.3 !
Lovely :)
Suhail is the 50 million tax loss we selling the book loss we have or the total saving for the buyer? What's a ready made aim listing worth anyway without it? Thanks
That's great I just wasn't sure if it was 50 million they can save or the taxable portion of 50 million which could still be significant of course. Do you know how many years they can claim the loss for?