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25million+ from the law suits!!!
doubled revenues from august to september one lawcase that can close out before years end and another by end of 2016 The market they are in is growing a huge amount aswell. for £3mil market it is a BUY
10p+ within a few months of funding/mothae is not ambitous. Compare to other miners market caps in a similar situation to PRG - Fully funded (if they pull it off) with imminent production and large asset.....you will find even at 10p it is cheap.
The only thing the market should be worried about is Philip Manduca hitting the deadline over the next 2-4 weeks. The future of the company rests on it. I am confident he will suceed so I have added to my position. Ether 10p+ soon after if he pulls it of or a drop back down to 2p or so if he does not.
Why would it cause a drop? They have already RNSed what is taking place. You can almost be certain that they will take up the 3million shares with funding to be released over the next few weeks. I personally do not see the point of PRG releasing an RNS, if no funding news then it is obvious that the shares have been taken.
Then sell mate? lol It is AIM things take longer than expected, deal with it. we are weeks away from funding and Mothae and months away from production. The savvy people will be being more not complaining.
"Aeorema Communications plc, the AIM-traded live events agency, is pleased to provide a trading update. The Company anticipates a strong end to its financial year ending 30th June 2015 based on recent order intake for events scheduled for May and June. This will result in turnover exceeding £4.2 million (which was anticipated in the RNS announcement made on 27th February 2015) and consequently pre-tax profits are now expected to exceed £350,000."