Member Info for Dibs61

BIKWIK - yes I agree. I realised after I posted it it was likely going to backfire. Hands up it was a bloomer. Nevertheless AAZ are still positive and that’s good enough for me. And might present a buying opportunity as a few nervous holders exit.

Fundamentals are very positive here. MM’s don’t have much stock. I can only dummy buy 5k @ 70p full ask. Any more goes to NT.

I believe this will get a rerate over the next few days/weeks and yes could hit your £1 target. £1 would still just be £8m MC!

AAZ have updated the market this morning on their operations. Specific mention of the Conroy JV:

Quote CEO Rena Vaziri:

“Finally, while our negotiations continue and are taking longer than anticipated, we are hopeful the issues that have held up the joint venture with Conroy Gold can be resolved and the agreement completed.”

Plus included in the Notes:

“It has recently announced that it will enter into a joint venture with Conroy Gold and Natural resources PLC to explore and develop various gold properties in The Republic of Ireland and Northern Ireland.”

Still very much game on and hopeful of agreement being completed!

Yes at first glance I thought a sell but spread at the time - defo a buy

I think comfortably 60p on JV then £1 by Spring. The combination of low MC + low number of shares in issue and free float means this will move quickly.

I can dummy sell in quantity @ 43.75p

Thanks rivaldo. Ah I didn't realise you had a stake here. Your presence would be an additional endorsement of this companies credibiity though.

Yes an impressive and extremely measured trading update. I'm impressed. Certainly plenty of value to be had. I might consider adding further.

I’m a bit baffled. MC £5.2m with net cash £1.6m gives this an EV of just £3.6m? Company is profitable and cash generative. Seems well run company. Am I missing something?

On the basis of this looking rather undervalued I’ve picked up a couple of tranches sub 70p. I think there could be a rerating here. At least if they keep on performing like this there will be at some point.

Current MC @ 17.75p is £30.5m

bitcoinbuyer raises a very interesting point re market exposure. The view has perhaps been that Cobras main market listing gives them greater credibility and kudos. But ironically perhaps the swathe of AIM investors miss it in the process! I find myself occasionally forgetting that this is not an AIM stock. Yes the irony of it all is not lost on me....

Nope my II trading account hasn’t been updated either.

Good start and good job I wasn’t bothered about selling either! Happy to hold these.

Capital Metals have also set up a new Twitter account.

What’s everyone’s thoughts on opening price?

Multi billion dollar valuations are not fanciful here. Angle have a USP, a truly market leading product in a $100 billion dollar market. I am as confident as I can be they will get FDA approval but market disruption will not happen overnight of course. There will be industry stubbornness but we are talking transformation here - personalised cancer treatment and there are lots of vested interests to overcome. But it will change.
So tell me that statement is wrong (AGL multi bilion dollar value)and back it up. Mind you though I think this will be snapped up long before though by a Roche or an Abbot or a TF...... but they will have to pay top dollar. and imo that means a ten figure number.

I'm glad it wasn't just me confused by that post!

Just lol

This has suddenly flipped. Bid moved up from 40 to 43 in a matter of minutes.

Yes but I would not be surprised to see that price within the next couple of months.

This stock is now one directional.

Sycric - prefer the thread title ‘Holding’ to ‘Selling’ don’t you think? ;)

Yes long term £1 minimum will be a target but for now being realistic.

I think liquidity may be an issue here but we’ll see.

Looking forward to seeing how this does.

For 15p this morning. Hint of tomorrow’s opening price?

Anyone know the new epic code?

Yes I would agree 15p would be decent. Anything more a bonus. Not sure where you got £1 from lol?

Good to see that shares issued to earn further earn in on Wudinna project are at a decent premium (2.4p) to current SP. It is a bit more than 10% dilution but I’m confident will look cheap as they progress the project.

This must be one of the cheapest gold exploration plays on the market now. A certain other ‘in vogue’ stock I shan’t mention has a valuation way above Cobra and ZERO resource.

I think all we need are decent solid results from Barns and we will be back above 3p which is more than 50% above where we are now.

Lots to play for and awaiting the 2021 exploration plan with great interest.

Come on Craig throw us a bone!