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Yes true
Different scenario here imho
Is funding just to keep the lights in ?
Or a realistic chance of the project being given the thumbs up any time soon
If the latter happy days
1 February 2024, the Company issued 30,303,040 Ordinary Shares by way of subscription at a price of 1.65p per share, raising £0.5m before expenses. As previously announced, the Company will need to raise further funds in the coming weeks in order to strengthen its financial position and to meet its immediate working capital requirements; although there can be no guarantee of such, the directors remain confident that sufficient funding will be obtained as required. Accordingly, the financial statements have been prepared on a going concern basis, however there is material uncertainty due to the need for additional near-term funding. Please refer to the accounting policy note on going concern (Note 1 to the Financial Statements) for further information.
Looks like the buying is on hold ahead of funding poss??
Adam you think valuations are worked out as simple as x = y think again
Totally clueless
Wait and see you'll find out soon one way or the other imho
Just my opinion on the 50p 75p could be more or less imho
Reason Bangle want GCM out leaves a bad vibe if still involved
GCM can't refuse imho otherwise zilcho
50p to 75p
And a 1 trade just shown up
Depends on the conditions to the offer
Has to be one or the other in my opinion .
Can't keep banging all these large trades in somethings afoot imho
Pennies are irrelevant as most ate here for go ahead right??
Let's get over 20p
Never seen a broker target in house met pinch of salt
Should get this over 20p then we're talking
Booty
Just because you have an 100 billion value in the ground does not equate to a share level
Treat this like and oil company on a farm out they have 1 billion oil in the ground proven but no cash they farm out the rest for cash keep a smaller stake
All depends owl on the new proposal being submitted Owl
Until we know the full details it's guesswork all round
But I can't see them retaining anywhere near the % they have now to get Hasina and the rest on-board
Still do well from here
ATB
Realistic be it think ..
Broker targets are mostly made up crap there never hardly met am afraid
and mostly based on out of date calculations .
Now here we probably have a much changed mix to calculate as I have said the company imho will have to split tbis 3 or 4 ways to get this over the line retaining a smaller%
If you really think the company retains 100% and they take the all the loot your dreaming.
50p to just over £1 on a deal imho and they will have to do something as it can't keep dragging in
Be realistic owl posts like yours tend to put folk off from buying as it looks unrealistic
Keep it real we know if the green light is given it will prob multibag
But headings like £13 are not helpful
This imho will be like a farm out and GCM retains a % of the asset
Bangla if you think valuations are like that you really should not be investing inn the market
Tell me what the AISC Is here to produce ECT and all the other overheads
If you think 20 billion value for GCM at 20% your way way out try 200 mill at a push