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Bought 2.5m at 0.26p, Mcap sub £5m, cash £7.6m. No placing coming imho. Directors bought 1.23p this year. ??
COO Jon Leather updates on Egypt including our 2019-20 drilling campaign which exceeded all expectations, our significant reserve & production additions & substantial upside potential from our 35 exploration prospects. Listen to the full audio here: tinyurl.com/y4pexrvb
Jamaica licence currently expires on 31st July, so hopefully BL & co's discussions with the Jamaican authorities lead to a meaningful and realistic extension given current market conditions, with 100% ownership. I wrote this all by myself I swear.
Circa 4m buys today. Looking forward to more director TR1’s.
Drilling could potentially start end of next month, with updates on drilling plans expected soon. Good luck all holders, 3.6p on last sample results, anything could happen this time around. Options at a 5.4p market cap, BOD confident.
£10m mcap is 5.4p and 1m oz is worth 30p in the ground.
You don’t put conditions in if you’re not expecting to hit them otherwise would be pointless. Drilling mid Aug onwards with lab results, modelling & drill plan to come before that.
Gold at $1770 an ounce, I would expect many buys pre results, as placing churns, no worries about funding for now, over £1m in the bank, two separate drill results plus potentially many more to come. Sit tight with this one.
Private Investor Myles McNulty via Twitter 10 minutes ago declaring he has bought over 11m shares this week.
“Back into #ROCK #ROCKFIRE - 10m shares in placing, plus 1.26m in market to take position to 1.5%. The market has been waiting many months for this funding, and has pegged the SP back unfairly. Lighthouse tenement looks to be a monster. For me, £6.4m mkt cap is simply wrong. 1/2”
“I personally think 4p / £30m could be achieved by end 2020. Bold statement, I know - so I’ll be providing my detailed analysis for this view in due course. 2/2”
Once placing settles, results will follow in short order. Important reminder no warrants this fundraiser with director buying 748k shares. Fully funded now. £1m raised is a big positive in current market conditions. Gold booming. Stars aligning with this stock.
Over 1p pre results then sky’s the limit on results, funded now, great sector
Bought 1.7m today, looking forward to results, hopefully buyers return pre results, won’t be long now. Good luck all holders.
AML range in play 51p-58p, likely to be profit-taking up there to work through so may chop around a little for trading opportunity. Once above 58, look for 65p & 76p as next targets. Posted by @AntMwah. 50p could likely be strong resistance level. Regardless what happens tomorrow, next week, next month.. Aston have had a massive cash injection by Stroll starting at 200 odd p. Toto taking 0.95% (£5m) around 50p with the bonus of another £38m from Stroll this placing. Funded for now, feeling like a new era is coming time will tell. Understandably people on here unhappy with dilution which is obviously not good, you are either in or out. IMO derampers on here are not invested. This stock is a LTH not a 2 day hold. Good luck all. Looking forward to AML F1 team 2021 ;)
Group, news next week!
That is 100% correct. Main Market listed companies can only offer a 20% discount on current mcap, that’s why people tend to think it’s safer than AIM..