Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Fully agree with all you've just stated Lararus2. I also used to hold and trade GGP and I remember when I traded it in 0.6 range and then to where it eventually rose to 35p. Rockfire is a share that is capable of very fast and dramatic increases in its share price.....as for example on 8th October 2019 sp was 0.36p and by 6th December it reached 1.95p . It does now in fact as you will know , have more proven resources than it had at that point in time, and that the intention is to expand these resources further . This is a company that is growing its mineral resource assets year on year. There not many shares in issue in this company and this as you so rightly say its capable of doubling/trebling so quickly.
Second in 2 days investors realising the huge potential here and beginning to build their position at these Rock bottom prices..... normal trading range 1p - 2p and that's before Copperhead and Malaoi
As Rockfire continues to expand its precious metal resources of Gold at Plateau, Copper at Copperhead/Dome and the big game changer, Zinc at Malaoi... with progress to be made consecutively throughout the year ahead on all of three very important minerals .I believe its difficult to find a better genuine investment on Aim than this right now at the present ridiculously low entry price, but of course general stockmarket conditions are depressed currently but once things pick up again this is a stock that has a very long way to climb IMO.
I believe that a more sustainable share price will become evident resulting from the forthcoming Greek Malaoi high grade Zinc mine, which will allow the company to be fully productive 52 weeks in the year, particularly when the rainey season normallybrings a halt to their drilling programs in Queensland Australia. There's far too much positive news flow to come over the coming weeks and months for the SP to remain at the
current ROCK BOTTOM buy in price for much longer. There isn' that many shares in issue here and a rise on a decent RNS would easily see this double, but even then it would still be hugely undervalued.
Indeed Rockfire Resources must be right now one of the most undervalued shares in the market. Based on its portfolio of proven Gold,Copper and the forthcoming High quality Zinc Resource in Greece. And furthermore considering that its normal trading range is between 1 and 2p its more than likely that a double/ treble increase in the SP will take place on the back of expected Plateau Gold sample results and a quickly prepared jorc for Maloi Zinc resource.
Did a dummy buy trade earlier in the day was quoted 0.8225......so all the 0.8225 trades shown in red , I'm in no doubt were in fact buys....also there was one huge buy of 1,551,778 shares... The 2 sells went through at 0.807 final trade and one earlier at 0.8050.....so has the overhand now cleared and is an Rns about to land tomorrow morning?
It's to be hoped it doesn't become a popular shorters share like pmo was ....my target was 30p but after consolidation has to be £6...BP used to be £5 hardly gets past £3 these days......I'm somewhat disappointed this comes out whilest there hasn't been a meaningful rise due to the shares overhang taking time to be absorbed
We've all seen in the past Pmo and tlw be trading in incredible varying trading ranges .A few years back pmo did a reverse takeover at around
20p level , only to gradually go on to hit £1 once more. Yeah there are loads more shares in hbr, but with good news flow and big institutional buying ,"sentiment "could easily double the SP from where it is now....
Over 200,000 boe a day...... it's a Cash Cow .
My guess is we would now be trading in the 25 -27p range. In view of the uplift in the price of Brent oil and in comparison also to how Tullow as risen over last couple of weeks from 45p now 57p.....at some point it has to quickly catch up.......but for the time being buys and sells are matched and controlled by the market makers in block trades
Yes ofcourse I'm well aware of the enormous share dilution, Out of interest what would be your target price for Hbr during this first year of trading. And ofcourse anyone else's opinion would be greatly appreciated.