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Since this is AIM anything can happen, BUT:
At the moment there is nothing that could imply a raise:
From my understanding Katie’s has sufficient cash at the moment.
They are looking for an investor for the Blyvoor project but I don’t believe they will make (another) placing for that as there is not point.
For Haneti they might offer a placing BUT ONLY once the results are confirmed. If the results come out positive then the price will go up - probably 3 pence. In that case the placing will be around 2 pence to 2 pence fifty.
So, in my opinion a placing could come but only at a later stage when the SP will be higher anyway and it won’t really affect us.
Am I missing anything?
If you’ve asked me, I think now is the perfect time to drop the news on Haneti! The SP was perhaps purposely taken down so whoever needed to load shares could do so! From here it can only go up.
Thoughts?
This will fly soon!
Thought March will be an awful month.. I’m having a 30% loss so just became a loooong time holder because of today’s news... I need 2.50p to break even so... anyway I always thought this will go up around May time.... to be honest we would have done better without today’s RNS.... probably they were annoyed with the email... anyway have a nice day all! Have a glass of wine and let’s see where we are in a few months... really hope there won’t be another placing. I’ve mentioned it previously....
Maybe they did strike the deal or they didn’t... regardless LC must (hopefully) have a good reason for not letting us know. Probably it has to do with the bear gold market, don’t know. Anyway know that March is here I think any news will come AFTER the MAST IPO