Member Info for EarlofAim

finance restructuring news is coming soon.
#G3E The company’s current market cap is £14m (9.5 pence per share).
However, the company’s assets were valued at £1.36 billion back in October 2019

why this is so cheap compared to brokers target?
is funding the primary concern here?
if so why not use resources as collateral collateral

looks like this will move up as sellers are out.
let's see what happens in the afternoon run.
more people cotton on to this huge copper and gold resources.
GLA

copper resources worth minimum £1.2B (more exploration to add value, especially from 150km of License)

Gold around £240M minimum, same 150Km still to explore.
no underground mine, that's another huge difference.

unbelievable how low the cap is in here.
bargain, I've bought, thank you mms

sentiment should start to change with the CEO, tilapia 2 License update will be significant. holding with patience here. Africa Loves this man AC

Well done Zenith team. I think this will be a great start to revive this company. I have with time and more good updates, market will look at this.
GLA and Dyor

rns
from 0.5 M ounces to the 1.5M ounces that's
is around £1.3B to £2.8B worth of gold using £1900 per ounce

this is in Nevada of the USA, not Usual Africa!
look forward to seeing this multi bag.

that's huge valuation from fincapp
37p pre today's rns, and fantastic hold here

wiggly
excuse my ignorance, what do mean by COS?

all those talking about cash raise, well tomorrow we can ask the CEO on the webinar at 12pm.
if that's what's making investors uncomfortable, then expect tomorrow a huge re rate after webinar.
IMO no need to raise cash now.
GLA

why would they need to raise cash now?.
if we get a JV, then that's even better.

mannan
12 months high was 4.65p. now that resource has increased to 148% then using last year calculations this sp is worth 11.5p.
now when we reach this 11.5p depends tomorrows webinar at 12pm BST.
hoping real insight as its hard sometimes to comprehend RNS's.
GLA and Dyor as always.

lot of investors probably waiting for the investor webcast, well this should be trading near 6p soon.
very difficult to time breakouts, hence bought when it's quite.
GLA and Dyor

mannan
CHAR resource are enough for morroco to last 25+ years. that's a huge resource they've got.

tomorrow at 12 noon BST investor webcast

this will be a great way to find out more.
sp seems bargain for the resource increase by 148%

rns is fantastic, thanks for 148% increase in resource and market missing this.
bought some now

that's should be why main shareholder put their top guy in the BOD,

lots of interesting brewing as the GM of a 6bn Dollar business joins the board!

Future finance commitment already given and a stunning opportunity!