Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Joe I put £5k in here 250,000 shares earlier, the RNS says "Should Cizzle exercise its Option" I think the problem at the moment is the word should, but of course the board will exercise the option. Ciz has some cathing up to do once this is confirmed.
GLA
Let's not get carried away, but in all seriousness I think Airestech is a decent company so we should do well out of it eventually!
And soon to be TOP!
Completly agree with this Hightower, if the MURF share price reacts as I think it will then this will be a whole new ball Game!
🙏 Joe's order gets triggered
Suth I would say double the market cap is a minimum, if the MURF share price goes up by 3 x as recently we could see a £12M return Gulp, I think this could well happen!
GLA
Just checked Joe and you can get 0.024 to sell you always seem to have difficulty selling.... at least you don't seem to have been too busy at work in recent months to not find the time to press the sell button he
For god's sake will you hit the sell buton Joe.
It wasn't long back I was buying at 0.045 5th Jan 2021 when 10M shares cost £4500 which at the time looked a good investment based on Portfolio valuation and the promise of our investment in AZD1656. Now that we are about to see a return on this investment I am looking fot a good return on this investment and other shares I have bought much lower recently can sit in my ISA for what could be much bigger gains.
GLA
Yes agree BigDave, after waiting a couple of years I am allowed to get a bit excited! This has always been about getting a good return on our investment in AZD1656 and I believe we are in touching distance of this happening!
I would say the market tends to agree looking at the buying this morning!
VELA has paid the option fee to Conduit already of £400K and I can see no valid reason why they will not proceed, I would say its as good as nailed on!
Explain then?
So now the merger is complete we have £4M pounds worth of MURF shares is this based on a valuation of approx $10 per share ? Recently teh MURF price increased to US$ 25 I suspect on rumers the merger would be approved. Now the Merger is approved could we see US$ 30 or higher? In which case the shares we now hold in MURF would be worth closer to £12M and then if AZD1656 is developed sold off by MURF could be multiples again, this could be massive!
GLA
Can't find out much but we will know soon!
Thank you for attending this meeting.
MURPHY CANYON ACQUISITION CORP's meeting has concluded. A replay will be available in 24 hours at: www.virtualshareholdermeeting.com/MURF2023SM2
Gut feeling is this will get approval a lot of money will have already been spent to get the deal to this stage and the MURF board is advising shareholders to vote on favour
Moving up nicely now ☝️
👀 up a touch from pre-market. Looks to be moving now
That's not very Boombastic now is it.....
Volvie I see this playing out that anyone buying at this level will make a good return, we should easily be double the current price with current investments and the MURF Consideration Shares. I would imagine that we may get a very straightforward RNS just to confirm the result of the vote tomorrow and then perhaps a more detailed RNS to follow perhaps in the form of a quarterly update. MURF not doing much pre-market but let's see what happens!
GLA