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New product, 1st mover advantage, very large potential market, sales ramping strongly, this reminds me (potentially) of my greatest every share purchase Blue Prism (in at £2 and £3 and Out at £15 and £20) I got that same feeling this will go same way but for god sake DYOR, still I've bought a lot more shares than i did for PRSM. Fingers crossed
Blackfish - It's almost as if markets are not actually efficient. POG up, share price of a gold miner unchanged - think they call that an arbitrage opportunity?
Thanks MasterRSI - very interesting, so I can see my trade went through NEX exchange, and assume that's why it hasn't appeared on here or bloomberg trade history (yet), was getting worried there'd been an error
Probably going to regret this but bought another 50k, @27.38p quite a bit inside the 28p offer showing currently (if you care).
Just feels maximum gloominess has been reached, endless nashing of teeth about options, about POG, about LoM been waiting for that gloom to get to a crescendo.... then strike - but in reality it will probably keep going down....and then I'll have to buy more (repeat until bankrupt lol)
What if the meteor was made of solid gold?
Berenberg initiated coverage of Tekmar Group Plc with a recommendation of buy.
PT set to 2 pounds, implies 21% increase from last close
Calling it - 'this is weird' - over one million shares sold so far today and no buys and the MM is manfully soaking them all up without dropping the SP - 'the game is afoot Watson'
One thing though is I'm quite impressed the MM has soaked up 100% sells (£210k) and not dropped the Bid (31p) - are they filling an II order? Time will tell. in fact this comment probably kiss of death haha
One thing though is I'm quite impressed the MM has soaked up 100% sells (£210k) and not dropped the Bid (31p) - are they filling an II order? Time will tell. in fact this comment probably kiss of death haha
Anyone seen a buy this morning? Waiting to pick up my final 50k shares but seems like only downward pressure for now. Has anyone got some other similar stage, pure gold play companies they can tell me the name of so I can do a compare and contrast - is it as some of you say a general malaise for gold miners or hummingbird specific?
News on website:
Tekmar Energy (Tekmar®) are pleased to announce Orsted (the former DONG Energy) have selected their patented Cable Protection System (CPS) TekLink® Mecahnical Latch for their Borssele 1&2 Offshore Wind Farm Projects.
Alongside this recent win, Tekmar® are also pleased to announce they have successfully won a place on Orsted’s 6-year framework for providing Cable Protection Systems on their future projects.
Http://www.tekmar.co.uk/news/2018/7/9/rsted-selectes-tekmar-energy-for-borssele-iii-along-with-a-6-year-framework
Have to say I really like the sign off 'stay tuned' - reeks of positivity and excitement from the board. nice!
Griffin Mining Limited ("Griffin" or the "Company") is delighted to announce that the Company's Chinese operating subsidiary, Hebei HuaAo Mining Industry Co Ltd ("Hebei HuaAo") has completed the most important phase in the granting of the new mining licence over Zone II of the Caijiaying Zinc-Gold Mine ("Zone II"). On 11th July 2018 a legally binding contract was signed with the Hebei Department of Land and Mineral Resources, as authorised by the Beijing Ministry of Natural Resources, pursuant to the Interim Administrative Regulation for Proceeds Collection from the Transfer of Mineral Rights (2017). Hebei HuaAo has become the first company to proceed under this newly promulgated regulation governing the transfer and conversion of mining tenements. Hebei HuaAo will now be entitled to conduct mining activities in Zone II and will be prioritized in its final documentation approvals for the conversion of the exploration licence over Zone II into a mining licence in compliance with relevant national policies.
Chairman of the Company, Mr. Mladen Ninkov, commented "the Chinese legal framework in the mining sector has changed substantially over the last twenty years since Griffin acquired and developed the Caijiaying Zinc-Gold Mine. Over the last five years, whilst we have actively pursued the new mining licence, the relevant regulations have changed several times resulting in substantial delays in the final licencing application. We are delighted to say that we have finally been able to see the light at the end of this very long tunnel. Stay tuned."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
GRIFFIN MINING LICENCE CONTRACT W/ MINISTRY OF NATURAL RESOURCE
just a title so far --- is this it?
Anybody take a view on gold price? I feel its fighting a battle at the moment at 1240-1250, slip below that and it breaks through a upward trendline that began in Dec 2015, so then down to 1200? I imagine but worth monitoring.
I appreciate that with rising interest rates gold becomes less attractive but I'm counting more on Trump to bring about economic crisis next year that will see gold start to motor again....IMHO
42mill! Fair play Kayakcurl - that's what I call a conviction play
In a nutshell this is a nicely profitable business, with a solid product in a growing market that's been weighed down by debt repayments, that debt and repayments will now disappear. That current EBITDA is circa £5mm and its current market cap is £75mm is bonkers undervalued - have just bought as many as I can.