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As per Mick interview, they expect a significant Gold resource from Kapunda after establishing 234,000 Tonnes of Copper from Kapunda and Moonta.
Kapunda Gold update from EnviroCopper is due soon. I expect this to be back over +1p soon
Crazyfund,
Many would envy your GGP average....Respect.
It's all about MCAP. THR current MCAP does not reflect the potential from Multiple commodities.
GOLD upside from both Kapunda and Pilbara could be worth a few hundred Million alone as we work through both Gold deposits.
Update: ASX unchanged @.16c as moves in to close. HC.
Likely. ASX off 6% (LSE -14). Expect above .9 rebound.
Interesting price action at the end of the day, looks like it jumped up. Let’s see what today brings, will be interesting to see if it opens closer to .95 again.
And still is my average for that matter ain’t selling a bean of those. Not even to get into this at 0.6-0.7 when there is no news and the SP drifts. O and those shares hitting the market soon. Boom down we go son. Then in comes crazy fund to mop up.
My ggp average was 0.179 of a pence. Watch and learn girls. Watch and learn.
We will see girls. We will see. Will be funny when we hit 0.7.....
Thanks Mr Positive, that’s my understanding based on all the action we’ve seen but we’ll see what happens.
Nothing goes up in a straight line, just sit back and relax
BTW those 24m issued last week got bought up without a dent to share price. In fact it rose to over +1p.
Shares issued at Market price create a different effect Vs when companies issue them at a heavy discount.
MMs pausing for breath before targeting 1p warrants.
Crazy,
Think it's you misleading folks to get your 0.70 entry.
24m shares already admitted last week.
Remainder 123.75m left to be added on 28 Sep.
Beauty,
Sorry been very busy today. Generally speaking majority of these get forward sold. Given the heavy volumes we've seen lot of these would have been rinsed already. Some remainder might be going through today.
MTR and ARTEMIS would be holding tight their shares as things about to get interesting here.
There are days when I am unable keep a track on daily prices. I am just accumulating enough to a certain level and then leave them to grow to 10-15p in due course.
123.75m shares is only 9.47% dilution. Other side of the equation is CASH comes in to fast track things at Pilbara.
Theoretically adjusted market price should be around 0.90
Total shares in issue currently only 1.3B compared to other companies sitting anywhere from 4B to over 12B shares.
GGP had multiple placings at this similar stage. Hit just over 1B Mcap on Friday.
I think you’re right Joey. Just 9.5mil around 23rd Which I’m hoping they’ve cleared today in that drop and the bigger ones around 28th. For some reason thought that will be for 1p and not .60 which I thought went down last week. Must have gotten confused by our Mrpositive and no reality last time I tried to double check the .60 placing. We’ll see how this goes with all the buys at higher price before then. Not the rubbish Crazywhatever he is called is talking about.
Think you need to put your glasses on beauty. See below which I copied and pasted from the latest rns
Dealings on AIM are expected to commence at 8.00 a.m. on 23 September 2020
Sorry 124 million not 128
There are also 9450000 share being issued tomorrow. It’s the 28th that there will be loads of shares being issued, around 128 million of them
Beauty - I think you need to reread through the rns, the 18th was a misprint and it’s actually the 28th that they are being released
just topped up,before on it the move up again
“That doesn’t say tomorrow” I meant to type.
Crazyfund you obviously read wrong
“Application will be made to the AIM Market of the London Stock Exchange ("AIM") for a total of 123,750,000 new Ordinary Shares, pursuant to the Initial Placing, which will rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading. Dealings on AIM are expected to commence at 8:00am on or around 18 September 2020 ("Admission").” That does not day tomorrow.
Doubt that my friend.
There are 123,750,000 shares flooding into the market tomorrow at a price of 0.6 pence per share. Don’t be a fool and tell me it’s not going below 0.8. Silly boy. Lmfao
Crazyfund I wonder what you’ll say to the investors when you realise the sp doesn’t go below .80 and they have to load in the .90s or above 1p.
Well said joey.