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Smiler, it's how things work.
This is how GGP started back in 2016. Not saying the same will happen here but as I posted before explorers are small until they hit it big.
Greatland agrees to acquire 100% of the Havieron Project in Western Australia for an
initial payment of A$25,000 in cash and the issuance of 65,490,000 ordinary shares
of 0.1 pence each in the Company ("Ordinary Shares") (approximate value
A$225,000), and a second payment, triggered upon a decision to mine, of
145,530,000 Ordinary Shares (approximate value A$500,000);
• Havieron Project covers 135 square kilometres in the Paterson Region of north
It's interesting that the big drop today happened at around the time there were a couple of intraday shorts, two of the three parts were reported late.
Games being played imho, let's hope in ground fundamentals finally win out
Hexam you mistake me.
Daytrade repeats the same garbage day after day
You can see some of the classic examples below
He has a very small repertoire, it's a shame he doesn't get how boring and predictable it is.
Still waiting to hear from him where the mythical Ilkely is.
Spidey
You didn't reply to the question posed earlier
Why were you here at all hours of the weekend, posting on a share where you have no investment
Maybe if you get out more that irritating little cough you have may go away
Explorers do exploration. Majors don't. Junior explorers are tiny market cap until they hit a payload. There money is just as good as anybody else's. If it doesn't work out they go out of business so they are incentivised to try harder.
I'm gonna buy, not quite yet, price isn't quite right.
I'm so loaded, can't wait for it to get there to fill my boots.
Just not yet but soon honest.
Do these fools think anybody believes a word they post when they write this kind of garbage
Bishop
Pls explain what you think is wrong with the RNS?
It looks decent to me.
I wonder if the person buying 15m had a little prior knowledge
Well whoever is shorting this obviously isn't happy, let's hope they burn
Oh come on daytrade achieved that milestone a long time ago.
And he still harps on about some place called Ilkely, which as far as I'm aware doesn't even exist!
10% up and still needs to rise c50% to get to what has already been offered to buy it
And let's not forget they are subscribing at 0.2p, so a premium to the current sp.
Will the MMs move the sp up accordingly, they would move it down if it was a discounted placing.
Somehow I doubt it...
I'm happy with that RNS at first read.
We get money into the business, reducing the need to rely on slimy Rich.
We let somebody else take the exploration risk whilst we continue to focus on our own near term strategy
I'm sure chris2 will be along shortly or the Bish....
But I can't see it happening
Twelve months revenue would be my guess.
So north of £1
As I keep saying Level 5, people are wise to the games now so nobody is selling.
Mm's have stacks of quantifiable evidence that there is no market at this sp, yet they keep pursuing it
The question is why
The answer, to me atleast, is obvious
Yep just look at the sudden drop for no apparent reason
They really are crooks
Roger can you point to a single RNS that states the company is making significant profit?
I very much doubt it
What they have said is that some business units are trading profitably, although without quantification, and some are ahead of the business expectations.
Now if you don't think a market cap of c£20m represents a fantastic opportunity, and you are genuinely worried, why not just sell up
Evidence daytrade, not just pointless waffle!
Well that's yet more illiterate nonsense
As I've said, I hope they do IPO, their brand will be destroyed.
Give me a laugh, where is your evidence they are eating Boo's lunch.
It's got to be funnier than your last sad excuse for a joke.
Total disgrace of a human being
Nope desperation is some fool posting here at quarter to one this morning on a share where they have no investment. Just proving that they have no life and live in a permanent state of anger and misery
Now just who was that Spidey?