Upgrade may just mean upgrade to JORC compliant. Strange how they can increase a resource based on previous drills and only 2 at that.
Time will tell i suppose.
Be careful with FTE Darwin will be selling into any buys, hence why they have halted in Aus they know it will create a frenzy in UK done it time and time again. If they have the results why not issue them straight away?
Not really thought of a target price as if they continue to pay divis will hang onto them long term. What in your experience would be a fair price for a company paying dividends.
Hopefully one capital pre sold. Think thats what they got on the last lot probably whats been holding JQW down. Lets see how it goes tomorrow. Either way its already built into the price.
You guys got any thoughts on WRN. £2 billion asset valuation with no money to buy anything. Is it just me that thinks the company are dreaming or am i missing something. Surley a valuation is what someone would pay for something. Are they paying £2 billion for them if not whatever they buy them for will be the valuation.
If you buy a house for £100k then that's what its worth not £500k.