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Eagle Mountain up 33% off the back of those grades.
Rincon up 20% too. Both hopefully reflected in the share price today. If not must be worth a top up at these levels
Great update today. I did think the Brazil export deserved an RNS and there it is. At a very good netback too. Looks like there's more in the pipeline too - pun intended
I hope that those looking to by in haven't done so Vicjain given the price action, clearly not enough buying pressure at the minute to increase sp, fingers crossed towards the back end of this week and next week into the new tax year we should see an uplift.
I do think a lot of people may be looking to de-risk and therefore not buy before results though. Some might be waiting till after the next set but what do I know.
Heard from where?
Yep that's correct. The company had talked about funding its 2 major projects via either offtake agreements, royalties or investment from regional banks and looks like Lubu could be going down the offtake route. So fingers crossed no placings
Yeah thats correct. Hopefully (fingers crossed) no placing as they've stated they want to fund both projects via offatke agreements, royalties or local investment banks. Looks like Lubu could be fully funded by this offtake
Looks like this could be our offtake partner
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL8N2L768P
Looks like we have a bit more buying interest at these levels, couple of chunky 100k buys in the 18s, I'm hoping placing price of 17.5p acts as support now. Imagine a lot of those that were told no news for a few weeks have moved on for now but expect interest to pick up again towards Easter weekend.
According to the Oxilio website they are looking to raise £20.3m not a small chunk of change, and far far bigger than any of their previous raises. How much of that goes to NFX? Even if it was just a quarter which is pure speculation I would question the requirement for the placing.
Fair enough if it is required but I would like to see the price increased, would have thought 2.5p would be the minimum really. 2p might end up being somewhere between 70-100% below the price on the day it gets ratified at the GM.
Trying to figure out how much this could be worth, the 2m royalties are easy, anyone have any idea how much the 2nd upfront payment could be worth?
For newbies worth bearing in mind that in H1 last year they did less than £200k in rev, shows how much just the royalties are worth...