246p paid :-)
Interims almost upon us
Diamond operations start and already we’ve made a recovery.
Spread of 15% is very defensive given the buying today.
It’s only a matter of time until the production numbers come through
AND THE MM’S KNOW IT!!
I’ve always thought that widening the spread tries to prevent a pump n dump type scenario?
Unless of course there’s a bigger picture we’re not seeing . . . ?
But we do tend to need consistent buying to close the gap.
1.25 vs 1.3 from a few weeks ago springs to mind. And that was very quickly pounced on by the sellers.
And yes - great picture yesterday :-)
That resistance at 220 is being tested again
The drop seems unjustified given the level of buying that’s going on.
I think we could be in for a rocky ride until the BOD get the GGR sorted
Thanks Dibs.
There is some worthy debate amongst the all garbage but as you rightly say - if you don't trust the BOD then sell.
I'm with you - the BOD will work in all our best interests.
GL
All that you need to do is be patient. And if you’re not happy then sell.
The board will resolve this situation. It is in the interest of all share holders (PI’s and II’s) for dividends to be reinstated. Therefore the BOD will be putting all efforts into the smooth re-dom. And (IMO) shareholders will not get shafted.
And when the info is available your broker will contact you with the options available.
Debating the ‘what ifs’ is all a bit futile.
We can all hope the war ends - but in reality sanctions could remain for a long time.
Gla :-)
And the mm’s refuse to budge it
Not like them to take the p155 ;-)
GLA
I think it’s quite right for bullish optimism
But mikee_p has tried to remind us all of the warrants in play here
And that for me muddies the water considerably with regards the progress of the SP
1.65 is the level we need to breach and hold
Making 8p is a tough task
GLA
Yes i quite agree JS
If you’re selling shares at this moment you’re either a day trader or utterly bananas.
A MC of 11 million with revenues of tens of millions from Thorny River alone.
HOLD ONTO THOSE GOLDEN TICKETS GENTS!!
We’ve made another step towards success today but at some point we’ll start leaping :-)
Had a brief chat with JC today and the daily throughput tonnage of the Mars plant will be confirmed in the next RNS.
The dyke system they’re beginning to explore is enormous so I’m very keen to hear how long they’ll be at it with a projected rate of at least 400 tones per day.
BOD should make at least $1 million from this is reckon
Thoughts please :-)
Firstly a huge thank you to Push2 who’s technical know-how has kept me holding here despite the turbulence.
Although we only saw a modest SP rise today I think the news we received was something of a seminal moment for Angs.
The team have achieved something incredibly special despite all the doubts surrounding them.
With flow rates confidently predicted I’d like to think a steady move up to 2p is on the cards.
And that’s regardless of warrants, MM dirty tactics and resident de-rampers :-)
GLA
Holding at 360p
Looking at the 1 year chart makes interesting viewing I think. 12 month low 92p
But since then the ‘bottom price’ has slowly built up with from 180p, 200p, 220p and now the range is fixed between 230 and 250p
When you combine this with the hefty delayed trades which persist I think our base level should move steadily towards 270-300 this year.
And I think that’s regardless of war developments.
Happy to hear thoughts :-)
Yes, the mining permit is due Q2
I’m not anticipating any problems, our CEO is well known and well regarded. I think the idea is to mine miles for some short-term cash flow, then very quickly start mining thorny river afterwards. At least that’s what I think.
Yes, an excellent point.
And as predicted, it’s been a bloodbath ;-)
Yes Oldham unfortunately you’re correct
(Sigh . . . . )