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Only you can decide that and would depend on your outlook and how long you can hold.
The questions you need to ask yourself are
1) do you think RR will survive? If that's a yes then,
2) how long do you think it will take for it to recover in the current climate? And finally
3) can you wait that long?
If you don't need the money at all for the next 2-5 years I personally would just hold and forget about them or buy more to lower my average once the drop has finished.
If you think RR is a dead duck then that's a different matter.
Good luck with whatever you choose, all of us have been significantly down and it's not a nice place to be but I personal think RR will still be around in the next 20 years and covid probably won't be.
Caselogic, giant sink hole that swallows BP is far more plausible than aliens
Almost out, bet they loved that pump yesterday. Our day will come, just not for a while yet. Gang tight long termers
So based on Mr Harvey's vox podcast we are due to produce circa 150t, will that be enough for Mercuria's minimum quantity and where is the money coming from if not to run through September. Also 150t does not cover 800-900k production costs?
#AnotherFineMess
Depends is the honest answer, if it stays as it is with atlas finance and only BP we may squeeze out 0.35p or just sit here for eternity.
New finance for BP only may get 0.5p
New finance for ROM activities 0.7-1p
New finance for ROM and JV signed for diamonds 1-2p
IMO
That does not sound like a friendly deal at all. What do you guys think?
They are literally holing the SP up with £1 trades until they can get a placing away at 0.4p or less. Disgusting behaviour
Fastjet that is only really relevant if you bought at 0.03p don't you think? It's a$#it show of manipulation at the moment and I'm sorry but your positivity is completely misplaced.
Not sure who this Susy chin is lol
Is it me or have SC's Holdings reduced? Figures have been updated in Kodal Minerals website.
capital. Yes I know there has been dilution but didn't think that much....
Suay Chin International Pte Ltd 2,290,471,568 20.62%
Richfort and Travis are at it again expect another TR1 once they pump to 0.08p and then sell a chunk. I can't believe they are allowed to get away with it. Be careful don't get spiked
Getting very predictable this share and really starting to annoy me.
Clearly trying to pump the price with these reports. Nothing happening really happening until later in the year. Isn't nominal value 0.04p? Guessing they need to be above this for another placing as indicated in the crux interview.
No spark until later in the year when they start work again. May be a blip when licence agreed, was expecting in march but then covid happened. Listen to the recent CRUX podcast well worth a listen.
Someone did the whole small trades thing a few months back got it ramped up and then sold at a tidy profit we then dropped back following a placing. Expecting the same again.
Price recovering nicely after today's route, did you manage to place your order Daz?
Yeah I thought that SorB. Maybe they are saying they are fully funded until September no need to worry as licence will be here in a matter of a few weeks
Daz he has taken a 60% pay cut, he's not getting 60%. Boom and the messages have been deleted
Daz read the RNS again BA has taken a 60% pay cut.
"The Board and executive fees have been reduced by approximately 60% of previous levels which is in line with the reductions in Mali."
I'd say that is pretty honourable.
The problem with the RNS was that they mentioned 0.006p. Never mention worst case as that is where the market will go. Waited this long what's another 6 months. Bottom drawer