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Gino ...I base my calcs on 3x shares traded to clear m/c, that is without taking into account what may have been pre sold, neither you or I can be sure whether placing shares are cleared, however watching price action over last few weeks I am pretty confident we are clear if but for dregs to clear. As far as ramping is concerned, if I feel a decent company warrants a ramp I will do so on the basis that people that pick up on it also do their own research, there is ramping and ramping, I can so one other thing I have never taken a placing in all the time I have been investing/trading, I choose a company on its merits, the merits here are very good IMO..GL to you and other holders
thanks Bananaman2 for the share count, imo placing is all but cleared based on your 185m shares traded, I would go as far as to say placing is now cleared as of yesterday, news maybe today or this week sometime makes the prefect blend for a rise in share price, the m/c does not reflect the overall value of this company, so many positives. Zinc and Gold.
what is expected to happen to sp when the extra 600,000 shares come to market re deal with BRH for P2F, will it be affected or will it ride higher?
if anyone listened to the podcast with John Teeling Chairman then they would expect a good outcome to the drilling results in Stonepark, when rns lands thats got to add to m/c, how much and thats up to the market, imo will take it to 2p 9over a week or so) that is if placing seller has completely cleared.
well played FK, someone on twitter did mention that the rise could be bull trap, appears so, however news could drop anytime to change the direction, I'm holding long and resisting to trade this one. You could well get the sub 1.60 the way the book looks, time will tell.
since placing we have seen the demise of (sp) m/c, some may think that it was overheated, I personally do not as with these tech stocks it is all about building the numbers, that is what we are doing presently, I do not admit to understand the constant pressure downwards on sp, I believe that today we turned a corner, the book L2 looked alot better end of session today. Feel sure with patience we will reap the benefit here and not longer term, feel something good is going on in the background and we should find out soon what it is, t/o maybe ? IMO
this seller who I suspect is PJ probably wants funds for somewhere else, acting like a distressed seller but is not, this will clear shortly and then value will be properly reflected, in the mean time a bargain for those that are looking for a Gold play with ZINC (stonepark|)
the highlight in your post 'In the event that these tests do not provide a satisfactory outcome' in my opinion is a bit of a red herring, I would bet a pound to a penny that the outcome will be satifactory, I think that they have taken a responsible position by including that in the rns but probably already have a good idea about the outcome, I suppose we will have to wait a week or 2 or 3 to know, all positives for me.
GL...however this is only an MOU.... we are talking lithium here, there is no shortage in the world, safer areas to be found in....the main positive is that SYNO is already active in Mali and has other projects, it depends on their full review, not in the bag yet. Unfortunately been many false dawns here, maybe this is a turning point, time will tell.
I suppose it was going to happen what with an RNS late on Friday, there will be those beating themselves up all over the weekend as they missed their preferred entry, only a few as it happens, beating their negativity drum,, they will be posting up their negatives in the hope it will hold the sp back so they get in b4 it takes off, well join the queue!! I will leave it to others to point out the positives of the deal, all I will say is that if you want to buy shares with revenue and high m/c then look at the FTSE 500 or 250, we are on AIM and we invest at early stage in the potential and reap the benefits from the capital growth, check out some of the pharma m/c's in the high millions with low revenue but great possibilities. It is odd that some of the negative posts come from those who either have a record of negative posts or have just joined LSE a few days ago, that says it all, as for THETRUTH just go back over his record and see how well he does in picking winners. Thats all I have to say except best of luck to loyal long term holders of RMS, the story looks much better now, looking forward to tomorrow.
I also believe this share will sort itself out, not sure about the 12p by friday but would welcome it if so. I think they have a good plan and it will unravel itself in due course, not an extended time scale, depends on their $PDSB investment doing well, which it is at present, think can go alot further, we may see a sell down on that asset at some stage =cash in bank, the placing has given us another asset and we need to focus on that for the time being, the BOD have added to our portfolio, if we offload part or all of #PDSB at any stage we have another asset to take its place, good thinking by BOD.
Hi Rob, you may still be holding or you maybe not, there is a noticeable change in sentiment from your post of 3rd to post of 4th August, I tend to go along with the more positive outlook in your 3rd Aug post.
IMO we should have seen a better response than this to rns, however as said by someone this is AIM, I cannot understand why the seller is in such a rush, think the sell off could be done in a more orderly way than causing such sp weakness, and disrupting the momentum we have gained over last couple of weeks, really thought this was a dead cert for 1p short term. This is going to turn into a patience play by the looks of things at present, market mechanics taking over.
decision you have to make for yourself, do some more research, if you are happy with what you see then go for it, if any doubt then dont go for it, lots of games played in first hour of trading, anything can happen from here, I have gone back in for a few this morning myself,