RE: Comment27 Dec 2018 13:14
Neil- my personal opinion is that it should go over the historic highs (mcap) as in over £10 million based on fundamentally with the better margins and increased revenue things look rosier.
Also gold is going to popular too imo.
I don’t get the negative “RP lives doing placings” . That is just nonsense and scaremongering.
RP has put in £1.4 million here. Doubt he loves diluting his holding. However the Riverfort deal was a disaster as was the delay in the permit. The SP suffered and the lack of working capital obviously meant they needed the last small placing. Personally I think the momentum will take us over 0.30p short term.
There will be warrant strikes pre sold from the 0.10p placing but that should keep the working capital pot topped up.
But as I always say, best to Dyor and work out what fair value is , and be the one that makes trading decisions. Fair value for me is much higher up due to above.
Gl