Member Info for AKGold

Yep, good to connect the dots.

My issue is the Market sentiment, even though we have world 3 big miners on the register (direct or Indirect). We have conditionally agreed to $ 150 Million dollars, the sentiment is still very cold.

I would have expected us to be range of 40-50p by now.

Thanks KB, didn't realise that.

Well that's good news then we know have BHP, NCM and Newmont few of the world's biggest miners on the register.

I agree ColonelDrake this funding is just for Alpala. NM would expect the price to rise on the back of it so that he can go to the market and do an equity placing.

How is the book building looking.

Gl All.

Do we expect any parties hiding will come out now, as the funding news is clear.

They need 150 Million to see till BFS study and other studies for Alpala.

Would that mean other interested parties like Barrick, Newmont or Rio would come out.

Thanks mate, would be a shame if we can't get to 30 p on this great news.

Thanks Jerry, I noted they are not smelter and a banker.

The point still stands they are into major financing with link to Newmont and Barrick. SP represent the premium they have to others during this stressful times.

Now we have World Major Miners BHP, Newcrest and World Major financier Franco. it’s getting better.

Just looked at their share price it's at 143 Dollars on NYSE. What are we doing in pence @28

A joke...

Thanks BNC. Not sure what Mkt expects from us.

In my view NM has ticked all the boxes.

I agree L2, but news like today is a Brilliant news. without giving even a single share if you have a commitment from World major smelter for $150 million and a pay back period of 5 years. It's a dream come true.

I would have thought we would open up atleast 50% and march to 40's.

Not sure if it's the initial shake we would expect.
This is a stellar news. I would expect us to re-rate big time on back of this.

I know Mkt cold response be down to the reason they want to load up at this cheap prices.

I would expect a lot of analyst coverage and making more sense of the Funding package.

Would be shame if we don;t re-rate to prev highs on back of it.

Thanks Qali, would be good to see how books are loaded.

I would expect a good run today.

Thanks Qali, let’s see what the day bring to us. Would be shame to see it closing in the current range.

Yes BNC i thought so as well. I believe this is initial cash we need to jee is going during Tough covid times. Also it times nicely with BHP coming of their lockdown period.

NM wants to get maximum from all avenues. I think PFS is times for Q3 as well.

Thanks Iceberg. Makes sense. Best thing is they are happy to wait for 5 years for any return on their investment.

They wanted to land and then expand

What do you mean ?? This is newmont ...

sorry for type to a new trajectory.

I sincerely believe this should take us tonnes trajectory. At least now the Brakes should be off and we should on a flying start.

Qali - Do you have any visibility on the books on opening price.

We have got Neon board on with Glittering sign, saying ready nd ripe for Takeover .