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How is anyone holding this? The company has said it intends to dilute shareholders, de-list (which means you'll have no idea what the company is doing from that point on, and the restructuring sounds like administration is more than a slight risk. I'd like to hear someone provide a bull case for this scenario
I'm not saying it will happen, just AIM so nothing surprises me. Am a holder here for LT now and would like to see this rise as much as anyone
just had the same happen on shanta gold. management to at probably a 60% discount with manipulation of news flow to supress the price prior. if they offered £1 tomorrow many would probably accept and move on but by aim rules they'd probably only need to offer 65/70p. i'd be ****ed
Cavendish, Canaccord, and Shore all see more value here than what the current share price suggests. With good reason! 90+ production from Cas by year end, Coora wells doing 300bopd, then next year 4 B pad wells that can be hooked up straight into the pipe from C pad to A facility should take us quickly to 140+ from Cas... Then TXP can revisit Kokanee and maybe Royston for another poke at Oil. End of 25' (if you can wait that long) we might be £2+
Yep, lights are out soon. I remember being here at 10p, got out around 8p and everyone was screaming the company was going to turn around. That Penstock pied piper fake holder led everyone to oblivion pretending he had his life savings (and his Mrs) invested.
Possibly our new partner. $1.4B MC and has large trading hub just across the med. Trades metals globally and will be an excellent partner going forwards.
They will have to close their short soon
The RNS says "leading global commodity trading group" - doesn't say large... and commodity traders are not miners... They are companies like Mercuria and Gunvor. Also, First Quantum are a 12B global player, among the biggest copper miners/producers in the world!
I'd take a guess it's First Quantum Minerals. They have operations in Spain so could ship copper from Morocco to their operations in Spain and feed into their existing network
In it to win it
5 bagger on the cards here
Researchers buy and hold, gamblers buy and sell... but who makes more money no body knows....
When do EUA have to communicate with shareholders next. When's next quarterly results of AGM etc?
Think Canada caused a bit of a panic last night as historically it's been leaky. No news this morning indicated its just a seller dumping and not the facility exploded because of a rouge groundhog...
Never gonna let you down
Never gonna run around and desert you
Never gonna make you cry
Never gonna say goodbye
Never gonna tell a lie and hurt you
Show me the money
I wonder if this Penstock guy was a real person, and if he actually lost everything on this dog. Anyone checked he's still alive?
Took a small profit. No idea what's going on so I'll step out.... for now
GENL 86p+ finish...
Now lower than open