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Hi all,
I’ve been trying to do some research but can’t find what I need...
People are saying that what GGP have found is speculative, how does this resource become a proven resource is there a certain amount of drill they much do and how do they put this information together?
Would appreciate your replies
Beef
when this wants to move it does move fast
yeah, I think could be possible, as soon as the selling stops and possible holdings RNS then hopefully it will be upwards trend.
Company trying to address problems and good sign that revenue is going up so all good signs to me.
if this gets to 4p ill be over the moon... ill be mortgage free ;)
forget the dividends though? the fundamental are there for the SP to be north of this without the dividends
rob, so just to clarify you're going to tell me these are going to be 1p in two weeks when they are going to be further down the line of a possible sale and further down the lone in production?
Beef
Me personally am happy with even a 10% rise in my opinion the MCAP will get to 200M that's my opinion.
Beef
This could be amazing! Can’t stop watching this.
@Alan-by-the-sea, thanks for your reply, I'm happy holding here for a while see how it plays out, asset seems to be good and management seem to be doing a decent job at the moment.
I would rather them use any profits to possibly be used for growth in my opinion as long as they use it wisely. with such small amount of shares in issue don't think it will make much odds where as if they use it for growth.
just my thoughts.
Beef
feels like a risk to be selling this at the moment, this seems to jump so fast at any time.
I think it's going to go this time. Good Luck!
@Bricks I agree with what you are saying I don't know how difficult it is to raise cash, I'm not clued up on it just have experience in being in ANGS when the director put out a chance to for PI's to take part in a fundraise which calculated by how many shares they already held which then allowed them to buy a certain amount. Which leads me to think if EUZ management was a lot better and managed to maintain the share price if you offered the chance to existing PI's the chance to buy 10-15% below the trading price I'm sure a lot of people would of. I never understand why boards bend over backwards to institutions when there are a lot of PI's willing to put more money in but in the end just get shafted continuously.
Just my thoughts
Beef
I have been invested in here and I think the asset is sound! my only problem with this company is the management, I have been looking around at other shares and the way the BoD operate and just seems to be a lot better than this share. how a company can have no respect for the SP when at this present moment in time they are not profitable is beyond me. obviously looking from the outside is a lot easier but how they raised at such a low price was only going to end one way. they just don't seem capable of closing out a good deal at the moment. that's just my thinking.
the asset is great just trying to keep balanced argument.
Beef
STULAW, obviously not an expert but just from the couple of the interviews I watched I just liked the management, I have been involved in EUZ and am not a fan of the management style, from my point of view the mine life may be a problem but as it said in the interviews they are looking for possible growths for the business and they are looking at mining expertise to try and save on costs which may help profitability.
If they keep finding diamonds and the cost for mining them gets reduced, then surely this is massively undervalued for 4M MCAP?
Trying to have a balanced argument in this investment so if anyone agrees or disagrees then please let me know?
Many thanks
Beef
Hi all,
I'm new to investing, I have watched the interview with proactive investors and listened to the conference call and the management seem pretty positive and seems worth an investment.
Would anyone take a guess on where the share price may be in a few months time?
Thankyou for your reply.
I Will do a bit more research, just been stung with few other company's who promise the world and deliver nothing so confidence a bit knocked in the market.
I will have a look at other company's FDA approved
Many thanks!
Hi all,
I bought these yesterday at what looked to be a good price then panicked and sold. But looking at getting back in. Haven’t been investing too long and keep seeming to lose money hence the panic.
Can anyone tell me any pros and cons of this company?
Many thanks