Hardly, it's an update and gives more detail as to how far they have gone to satisfy the locals. They have gone very far in my opinion. One of the largest deposits of it's type in the world and news due in the coming weeks. I suspect MF and the team must be a bit perplexed as to how the SP is so low but AIM is AIM.
Doing a fund raise at record lows would be an embarrassment. I don't think MF would be that silly, he's an experienced operation. I suspect if he did it would make more sense to wait until after approvals start coming through as the SP will be much higher.
Hi Paul. 1.6m shares, is that what you hold? That's a fairly sizeable amount! I've doubled my holding today as this seems silly now. H2 is could be very exciting here. I've seen higher Zircon prices on the market so that must be good here too and for Offtake discussions.
RE: Forgotten what a blue day looks like!21 Jun 2021 16:01
Surely an update pre the end of June. I'd be very tempted to buy big at these levels but at the risk of a delay being announced it seems sensible to hold off just for now.
Just hoping there isn't a placing around the corner. I don't think there is as I was under the impression they were funded for the year but AIM is AIM. As you say 1-3 year range this will multi bag probably 5 times over at least.
I've topped up, if anything to bring my very high avg down! Any sniff of realisation of the value here will see this shoot through 20p IMO, but for now we wait, and that's the issue as people lose interest.
What a difference a year makes... This time last year the BOD were loading up at 10p levels! At the investor meet did the question get asked and answered on director purchases?