PYX Resources: Achieving volume and diversification milestones. Watch the video here.
SFR SP = $4.1 X 6,300,000 shares = A $26M = £13M
Thats about £10M less than what it was a few months back.
Yes its going to be interesting to see what their post trading halt , opening reaction price will be .I suspect our new liquidity asset will be around 20% on our invest from the start.
SAU,SFR,KML,CBE that will be 4 separate drilling campaigns we will have exposure to this year totalling around A$40m expenditure .
With a 14c entry into a year low 15.5c mid price company with $10m exploration behind them , TG endorsing the investment accompanied by his geo mate Douglas and investment conditions attached , it is starting to look like a smart investment .
Just this minute broken 5p and its starting to look like they have run out of shares.
2p Looks a forgone conclusion from here .
SFR SP is irrelevant ATM until of course it breaks $10 on a copper spike then it will become very relevant .
I am getting 1.72p quotes to buy ATM .
He will be posting the same stuff when we break 2p as he did when we were 5p .
Whats fascinating is that isn't going to have any effect on todays SP raise.
https://t.co/5aW8DPbb9x?amp=1
"Interestingly, the share price has traded in a tight range between 1p and 1.65p for the past 13 months, a breakout above 1.65p would confirm completion of the base formation and support a move towards the June 2018 highs north of 3p. Bargain buy. "
Yes that is what I have been led to believe , of course the leaked out news could be something else , either way we are only 1/4 of the way through a temporarily halted BB program.
Arden only received £500,000 out of the £2M assigned for the BB program , they have used up the first batch of money and will be allocated new funds post closed period i.e. the pending KIT-E drilling results .
Once released normal service will then resume .
The share buy back can not resume as we are in a closed period pending Kit -E drilling results .
Can someone explain how 20 million shares equates to 15 or 11% of MTR?
they should not only cont. the BB but extend it further until there are only a few million shares left and they will all be mine.
I think
May be the BB has ended or maybe its going to resume ,nobody really knows.
I am hoping the share buy back resumes when the sp returns back to 1.15p.
T4 and CBE activity news is great but we aren't likely to hear anything from them for a month or so.
I would be amazed if there not 4p by tea break . MTR hold 25M GGP shares equating to £1.2M
IMO Keith the point is to get shares in circulation down to 1.4B from 1.55B which is what I voted for but you can't do that sitting on your hands doing nothing .