I think you'll find most people on this messageboard have been locked and loaded well ahead of the rise to 3p
But don't let anyone stop you congratulating yourself for how brilliant you are. You're such a winner.
Thanks Bethany, yes another nice move on today's news. But US nat gas pricing is not helping this stock. I'm out for a quick profit. I've put my profits into FLEX which is something of an arbitrage play on US / global nat gas prices. Good luck all.
Some nice chunky buys went through today and we're at 18.5p to buy. But wow, this is like a library here.
It seems 1.75p is the floor for now, folks have placed their bets and it's now quiet before the Pitfield results arrive in the next few days.
Yes, I imagine there WILL be big backers appearing if the results are consistent with what Bunn has been saying. At the current mkt cap the potential reward here is massive. GLA
Looks like the SP finally retraced to Dec '21 lows. US nat gas is back in fashion for now. I just bought some SOUC at 17p after capitulating at 33p. GLA
Mitch, GLEN's distribution rights would appear to be unhelpful in the quest to get the Zanaga project funded by others (Saudis, Chinese, whoever). I'm with you on this.
To be invested here one has to have faith that the ZIOC BoD and Glencore have a plan which accommodates this in some way. I'm wondering if GLEN's distribution rights will be bought-out for a handsome sum as part of a mine & infrastructure development/takeover package. I'm hoping we'll all find out before too long. It feels like we're in the home straight of finally monetising this great asset.
I looked into this yesterday and found that ECR minerals went from drills still turning to assay results RNS in 1 month and 1 day. This was in Feb 23 and also in Australia. On this basis, 4 weeks is a fair ballpark estimate and so I'm hoping for the end of next week for Pitfield assay results.
It's easy to forget that less than 2 months ago board members and others bought in significantly higher than today's 1.8p.
There's no doubt that this is a gamble but the potential upside is breathtaking and I am comforted by the confidence shown by Bunn, Kuenzel and O'Brien. Results next week could be life-changing for some. GLA