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I did write to the company Aim on several occasions and guess what?? They never replied. I’m trying to be proactive as I guess Matt reads the boards. I for one am discontent on how we are being communicated to. I’ve said it before that the communication and PR is well below par. The license has arrived and apart from Kabunga selling there is no excuse. It’s been two months. It’s in the company’s control now. There is plenty of news to come and for one I want to hear it. As does the majority of the shareholders.
And virtually another half a million sells gone through. You may like to see a decrease in sp but I would prefer to see profits. We need news for market fluidity. Otherwise your investment is now going one way. Back into the 3’s. It’s breaking the fib line or is that deramping. I don’t think the sp will move an iota on what I post.
Are we not surprised the sp is going down. It will be nearly two months since the release of the license news. We’ve not had a peep from the company apart from interims that showed nothing new. (Also the exercising of warrants). I am more than aware of Kabunga cashing in but I think the lack of trades and sentiment over the last few weeks is destroying the sp now. There’s only so much value you can buy into a company at a cheap price as most investors have there position. Come on Matt it’s time to act! We are about to touch November.
There’s no CLN’s left which is great news. In total there are touching 22.4 million warrants to get through. 7.8 million of those owned by Matt which need to be exercised prior to the end of March 2022. The rest are Kabunga’s. Kabunga must surely be coming to an end as this has been going on for around a million a day. Unless he’s buying back in and reselling as I’ve seen some really positive days on the books it can’t be that long now that he’s done. Obviously MB needs to exercise his too. The question is when will he do it?
Feeling the frustration of not being communicated too? An example was the mining license. They had it in hand but didn’t communicate it was literally nearly at the end of the process. I think the same is happening for offtakes and finance. Better managed PR and communication would do all of us and the SP a world of good.
The long awaited news. It has been a long wait to this point but I think the news flow will hopefully be steady from now on. The company is in control now. Im expecting the sp to at least double bag in the short term with the news flow so hold tight the Sp is low for a mining company with an NPV of 430 million and an IRR which is a 91 percent. With the new presentation imminent it would surprise me of a updated NPV going forward. Plenty of news to come. Hold onto your shares!!
Where is the comms? Everyone must agree that the silence is now frustrating and definitely annoying. Worryingly there is still a seller in the background. Kabunga must have surely sold out by now. Someone sold 270k then 230k 8 mins later yesterday or the day before? I would presume that’s the same person as it coincidently adds to a 500k sell. I just hope it’s not ACP connected.
Completely agree to say it is NOT legal aim until the ink is dry. However information regarding license approval is noteworthy to possible insider dealing and it’s a lack of judgement. Either tell the market the license has been approved pending paperwork ( We can all make our own informed decisions) OR don’t tell individual investors info regarding privileged info.
I personally find it exceptionally disappointing the communication between shareholders and the company has been minimal. Not only does it affect sentiment and moral but the share price to. I personally feel it could of been much better.
The rumour mill is usually generally correct though and hopefully some form of communication will be landing in a formal context shortly… fingers crossed!!
They sure can Pumpky. Most investors think the license is a given. If that were the case I would put my life savings in here. NPV is great compared to MCAP. Fundamentals are there. I have a very reasonable position here but only invest what you can afford to lose. Just “patience” is needed is wish wash as it is NOT a given. The 4.5p invest without discount means nothing. The decline is sp proves it. Sentiment is key on aim and it is lacking here. I’ve asked quite a few questions and I’m awaiting a reply but I know replies from the company are rare as I’ve tried on several occasions. Yes the timing of the license is around now but the longer it goes on the less confidence I have. I’ve said it before, a KODAL style RNS re the license will gain some confidence back. As will information regarding finance, offtakes etc are ready to roll and pre-packed. For me the finance element will lift the sp considerable, not the mining license, although I would say we should be above the year high when it lands…. Pending on the sp at the time that is. Amtech mentioned the 3’s. That’s not impossible.
I’ve written a few times to the company for information and assurance of why it’s taking so long. They haven't replied. I’ve a large holding here and if it gets to July alarm bells are ringing. An RNS explaining the situation would be prudent considering guys are getting itchy feet.
Has anyone had contact with the company and had a reply? I’ve tried but unfortunately I’m not worthy. The process is now taking an age but the only reason I’m staying is because of the investor who put in over £800k. You wouldn’t do that unless you had confidence in the outcome.