AdamH904 Apr 2019 15:33
My goodness, 15p seems low to me. but it's a start. I would say that it depends on the immediacy of further news following the grant of the award, what the plan is, who a possible partner, if any, may be. Kurt's preferred strategy.
Many factors, but importantly, additional factors should all be positive. So I feel 15p would be quite derisory. That doesn't seem like a rerate figure.
We also have a small amount of shares actually available to trade on AIM, which is something to consider on extremely good news.
What occurs after the award is obviously key, but the project will have been majorly derisked at that point, and with the environmental impact stage element already well represented within our concession application, future growth and momentum shouldn't be difficult. Particularly with the permitting process being spotlighted as being grossly inefficient as it stands, and the new government fully aware of this.
Multiples of the current sp perhaps then, depending on follow-up news, including strategy, potential partnerships etc. Appetite for the share will no doubt increase, or should increase markedly.
Notable that the Aktie investors have only ever continued to accumulate overall, so that bodes very well for us.
Only my thoughts though Adam. Nothing more.
Best regards.