Looks like those that bought 10.5p a few weeks ago off loading, not bad work 30% return in couple weeks
watch batches of 25k buys filter through via delayed trades during the next few days
this will realign the market cap to multiples of todays news. With such large orders still being filled and with little free float i suggest hold onto your shares. Next news shortly will include sale of asset
Fair comment, I sit on the side lines for now until results and wish you luck. In a way I wish I was more positive towards your views but a great balance view here is healthy although the balance will sit in favour on your points. Are you still in MAFL ? I believe another good safe company with excellent BOD
True and admire your research at every angle, But I am looking further ahead. Once samples and assaying results ( if ) they show good results enough to move forward then lets see how further funding will take place. It can only be with a placing due to the funds required to take this to the next level.
fair comments Euclid55 and I agree rare what the BOD raised but ask yourself did they have a choice. I feel still not convinced hence why I sold out a few weeks ago, and until I get more reassurance in future funding then i keep a close eye
From 1970 - 1990 Gold had 10 fold and south K. would of benefited re-opening the mine then and would have hugely benefited from the recent gold prices and its reserve. Ask yourself why open now, Could it be the grades were dimensioning and even at todays prices the Gold content per ton may not be a deal maker, or commercially unviable. Gold is one of the most hardest and expensive to mine. Now if Gold is back up to 2012 prices then could be worth a look.
Unless I am mistaken, this is the start of the $15M of funds being given. It could mean we will have a larger stake holder that would control majority shares here. Which can only be good news, no more placings as funds are available for the next 3 years. Liquid stock will be very hard to buy, I suggest keep on to your shares as the SP will move 5p plus very shortly. Given $15M that large buy close of day affirms good news on its way. I would see MC £18-£25M to re-rate
Great Future ahead decided to buy today whilst under the radar and I can't see the sp at this level for very long. Markets will soon take notice once all the info filters through. GLA
expecting a more than the average news in the next RNS, ACTA has been a slightly leaking ship in the past , buying during the last few trading days must be mm's taking good positions. as almost all buys and large orders possibly being filled on news