RE: Updated Feasibility Study (UFS)29 May 2020 16:40
Agree RB.
No rush there plenty news to come, lets take the opportunity of these low level. DFS + Offtake agreements will be real value creation news, after that mining licence and financing. by than we will be well over 10p.
These are all expected to happen in very short period of time.
At this stage this company should be worth a minimum of 500 million which is very conservative.
Next stage is to pay a dividend.
At this point it can be listed on ftse250 provided conditions of trading have been met. Value on FTSE 250 will be that of a junior miner in a high demand product. We are looking at a project that could be returning far more that 4p a year in dividends. Dont be short sighted for 20p this is a true Warren Buffet share.
It can come at anytime now, with updated figures and soon after it Chinese offtake deal expected, there are plenty to come, market cap still 4 times less than it Neighbours.
Our time is coming, I have no doubt we will see double digit trading figures soon, ACP sitting on the best quality Graphite and there is a massive demand for it!
This has great future, its real value has not reflected its share price, £100m+ market cap should be the correction, which is around 20p per share, once finance is sorted than watch it.