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I appreciate I’m speculating here but I sense we’re in for a bonanza this week
As JS and JPW have said the time is perfect for clinching deals.
And JC is flying out today after showing an investment party around the Kalahari last week
Bagger potential here
Could be directors, but in all honesty could be quite a few possibilities
It looks as though it’s taken the market makers almost all day to get those 10 million shares together has been held at .5 considering yesterday they were paying .6 and above
Although I do chuckle at the return of the Earl, there is a kernel of truth in what is being said.
Gas storage is likely to be far more lucrative than gas production in the current energy climate.
GLA
Yes unfortunately JPW is 100% correct.
Until rough diamond prices recover the assets and projects BOD hold mean very little.
And unless the company starts to generate revenue, another cash call is almost inevitable in the next 10 to 12 months.
For long-term holders, this is full of promise, but it is becoming a hard equity to hold
Yes JPW makes an excellent point.
And having spoken to James Campbell, recently, regarding whether we are vulnerable or not to take over, he stated that there was nothing ‘corporate activity wise’, which would suggest someone is looking at us as a takeover target.
I didn’t attend the meeting, but I think the general gist is that won’t be doing much until time and prices recover.
Mining up at Mars has ceased given the 50% reduction we’ve seen in price of the diamond category we’ve been recovering.
Today’s announcement is certainly good news, but I’m not getting excited given where the share price currently is