The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I don't understand what people are expecting, yes the rns was wishy washy as per the norm but people are acting like they didn't find anything or are deciding not to drill. When in fact they found what they expected and will now actually drill to get assay results. Of course drilling to 400m even covering just 65% of the cost is expensive. I think most of the people that sold today were for some reason expecting a quick buck from magical assay results from the initial shallow drilling. It remains to be seen if blyvoor gets its funding sign off but I think we have to be realistic in that Haneti will have to be funded as it goes either via placing or funding agreement until blyvoor is producing
What I dont understand is the graph with the comparison of mining capacity, they were expecting the same jump in October, XRT or not?
Can I also mention, compare this mining plan to the 1 page document we got last time round......
Fundamentals are the only thing that matters, if the results come back positive or the funding is announced sentiment here will change in a heartbeat.
2 very good assets in their hands, if they get either one over the line (providing both are due news in the short term) means that the current MCAP will be tiny in comparison.
Bagger or bust but they have 2 chances to hit it
Missed the presentation, anyone got any highlight notes?
Still trying for the 5p entry i see
Firex = clueless ". I will buy back if it goes sub 5p which was Mondays price. I might be wrong that's why I left some to run. GLA" Trying hard for that entry price clearly
Google only shows the last transaction price
I see you took a similar route to me Sandy. The failed financing was my queue to sell and put this one to a side, I sometimes check back to see what the latest is but not as much as I used to. At this point I think I would only consider buying back when I see positive cash flow and a consolidation
I wonder if the declining gold price is anything to do with it, no doubt lenders are starting to see it as a less lucrative venture although we are only back to levels that we were once at this time last year