RE: We all know how AIM works20 May 2025 10:06
Shotgunmike
pretty balanced post, you would hope in the next month or so there will be a update on when they are looking to sign all the paperwork , I agree there will likely be a uptick in the share price when this happens , and unless there is any news on Saudi this will highly likely be the time I exit the share.
once financed is sorted and mine construction starts I don't see any reasons why the share price will start moving north to the levels some have predicted. I see over a year off very little news other then updates on how the mine is doing during the construction phase, as it gets near to the end I would expect investors to start returning ready for first gold pour. but mine construction updates doesn't generally move the S.P north in large chunks.
making money soon I disagree with, if harry can sell Saudi for 20-25m you could argue its money coming in, you would then hope to see a uplift in the S.P but if that happens beyond autumn I will be long gone and I would expect to see a dilutive raise before that event happens.
after all wages , Saudi exploration, konso etc etc wont pay for themselves ,and with 5m dollars worth of shares to be issued upon finance success I don't want to be around at that point either .
But that's just my risk appetite of course