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Another Stockbox interview with Alan Green who is re-iterating how excited he is about AYM and points to the material undervaluation and expected news-flow ahead.
When you listen to media like this following the analyst site visit you really have to wonder how the company can only be valued at £7m, basically option money.
Comment on AYM starts around 23 mins
https://www.youtube.com/watch?v=CYqb4taFcFM
Having listened to the recent interview combined with today's news it appears VAST is materially undervalued.
Much play has been made on 'the debt' but circa $8m pales into insignificance in the mining space and can be easily managed even without 'the diamonds', whist the shares are not for widows or orphans the current price looks a great entry point, more-so if shorts have to close their (obvious) positions.
with 3.5b shares in issue the current £4m m/cap seems farcical.
DYOR etc.
Looking good
https://x.com/OrioleResources/status/1748018703638163759?s=20
Make no mistake there are entities linked to that hideous shorting site Sh@repr@phets posting on this board, the aim being to try and distort the market price of HZM whilst the stock is thinly traded and volume low, their main cheerleader being ThePublican777 & associated lackies that are appearing under various aliases.
More good news this evening re new BOD appointment, clearly the bashers are struggling to find material to escalate the negativity.
Buy low sell high !!
Answer to above, yes it is, you can thank the major shareholders for that but they are contented despite their RRR paper being next to worthless currently, so many have lost everything where AB & Co are involved, look what a new team has done at Corcel, now £25m m/cap from £3m under the old regime.
I estimate the largest shareholder in RRR has lost over £1m in value, even if they are being tickled by AB I cannot see how that number can be recovered via sweeteners.
It had entered my thought pattern that this group may be shorting RRR via various instruments, they could also be loaning their stock for others to do so for a fee, they could also be forward selling tranches of stock ahead of fundraises, namely making money on the way down, there are many ways their stock losses can be recovered by trading.
My suspicions arose when Helpful suggested he had not lost money on RRR despite near wipe out of the equity at current levels, these TR1 stakes were acquired IRO .45p / .65p, of course Helpful will not elaborate but others have suggested there are shenanigans going on, historic posts on this BB have suggested the company has contacted individuals privately in the past.
AB seems to have gone very quiet all of a sudden as has the Red Rock news feed on X and via RNS, as has been proved at Corcel, all is not lost, but serious news is needed here and one wonders if AB is capable to deliver it ??
Up moves on AIM can be dramatic as we all know.
DYOR etc.
Book has turned positive all of a sudden, IG asking 1.93p for real size, suggests there is no overhang from yesterdays large sell.
Could bounce strongly if volume kicks in.
DYOR etc.
Given yesterdays large sell (20.5m) it is quite interesting that IG are asking 1.8p for 1.2m shares, it suggests that large trade has found a home.
If buy volume increases modestly you could see a decent up move here, without stating the obvious the stock is seriously oversold on the RSI currently.
ThePublican777 posts 'It’s not worth it spending your life on here' and does exactly that, a clear stooge of that wretched shorting site operated by TW & Co named Sh@repr@phets.
How ironic this site was long Shanta and has been bashing Horizonte ever since 'that' RNS, no surprise then that ThePublican777 was pumping Shanta and bashing HZM. It's as clear as the light of day.
Read the tea leaves folks, this individual, and other multi alias 'accounts' aligned to the same site, are here for the simple purpose of trying to distort the market in a stock which is/was a retail favourite, as such a drop in sentiment can move the SP disproportionally and they know it.
The SP will bounce again make no mistake just like it did hitting 19p from current levels recently.
DYOR etc.
Bashers taking over here means just one thing, the price is going to rise again and probably strongly, just like before, from 10p to 19p in a few days.
DYOR etc
The bashers are back, remember one of them was praising HZM not so long ago, suggesting it would prosper, the lenders would get onside and investors profit handsomely, when it suited this individual who took a long punt.
Now all of a sudden gloom and doom, flip flop as your boss would say, you know Mr TW who runs that wretched shorting site, no coincidence HZM was recently featured is it.
Fools and money are easily parted, anyone listening, worse still acting, on the posts predicting doom and gloom are very foolish indeed.
I have bought today and will sell on the next run up, it will happen make no mistake !!
DYOR etc.
Healthy retrace from overbought levels on the technicals.
Time for the traders to buy in no doubt, the RSI has gone from a heavily overbought 86 on December 27th to the current neutral 49.
Intra day high of 19p on Jan 4th can now be bought at 14p.
This is a post from elsewhere, the individual called the bottom and bought accordingly, confirms he still holds and is expecting another strong up move, he seems to have a following, posts infrequently also.
yasXII
7 Jan '24 - 19:55 - 80 of 83 Edit
Having received a number of PM's from followers the Gracious Fellow can confirm that he is happily holding tightly in CNSL.
It is rare for the market to undervalue a company so substantially for so long, it has to be said the tight float does not help, it also allows manipulators to attack the bid with small financial outlay risk.
Nonetheless it pays to be patient and rewards will come forth, remember recent broker has upgraded across all fronts, the cash position is forecast to be >£4m by end Q1.
The current market value is a mere £6.2m, by mid year it could be triple that.
The stock is very tightly held and illiquid, I still think the company is wide open for takeover given the chronic undervaluation, something acknowledged by the BOD (although no offer would be recommended at the current they suggested)
I would not be surprised to see more analyst coverage given the growth opportunity here, the sector is also rebounding from basement levels spurred on by M&A activity.
£4.3m cash by end Q1 most recent broker forecast, current market value a mere £6m, revenues up and margins up.
A very good time to either add of buy in IMO.
The sector is in recovery mode and CNSL is exceptionally undervalued, the shares hit 3.2p in late November, have consolidated nicely and are now ready to accelerate upwards again.
From a technical perspective the stock has moved on the RSI from overbought to neutral, an ideal time to add or buy accordingly.
If all goes to plan this could easily be trading above 5p by end Q1.
It is quite confusing as to when the Senegal JV actually expires, in a interview last year I heard the CEO suggest it was mid February (note the date Feb 17th in that update) in other commentaries I have heard end February but I am now leaning towards 17th February.
If it is mid February then it brings a possible deal RNS into the arena sooner than I thought, it is likely they have been in discussions as to the way forward over recent weeks. Clearly the best option for Oriole would be an outright sale.
It is evident the market makers are playing a very cagey game by widening the spread, not allowing online buying and other tactics to deter buyers, as posted prior IF management can complete a stake sale of Senala and close those 2 JV's then the company could have as much cash (or more) than the current market cap which sits around £7.5m by end February or early March.
In all it is a pretty positive scenario near term, add to the mix that the sector is starting to show green shoots of recovery with a number of juniors re-rating recently, what a great time to buy in where the market value is barely one third of the £30m reached in Q1 2021 and all those news events imminent.
DYOR etc
Bell has been very quiet since the placing RNS, no commentary about Red Rock at all, he is however very active on Twitter and has been posting at very late hours and early morning, the last time this happened he was in the Congo, is he out there now one wonders ?
Add to the mix the recent large buys, makes you wonder.
Another largish buy has been declared after hours, nearly 30m from yesterday at 0.075p circa £23k's worth.
One wonders if William Black has been buying again, he TR1'd a holding of 157m shares just before the placing, presumably bought in the 0.13p/0.18p range.
The market is starting to tick up these minnows, retail money seems to coming back into the sector following a woeful 2 years.
It was hinted at during a recent interview that the JV partner had their hands full acquiring Iamgolds entire Senegal portfolio, with the clock ticking down on the ORR JV one suspects it is these time restraints on Managem (ORR's JV partner) that is the handicap and not lack of interest in the licence.
My bet is still on an outright sale to the JV partner, £5m/£10m is petty cash to them but would be game changing for Oriole. Not long to wait, negotiations are probably ongoing to conclude some deal before the end February deadline. Historically ORR have retained generous royalty interests which again is a value add.
In respect of the share price, it is playing out as I expected it would, larger sized buys will become increasingly more difficult at current levels as time ticks by towards the end January (2 x JV closes in Cameroon0 and end February (JV ends in Senegal/possible stake sale)
Plain fact is Oriole are closing in on significant value inflection points and the £7m m/cap is simply too low.
New tweet from Anglesey this morning + interview to come later, it is very tricky to buy online currently also.
Upside momentum is building !!
https://x.com/AngleseyMining/status/1742109400133746860?s=20
In February 2021 Oriole hit a market valuation of £31m, the rise caused by excellent market conditions, undervaluation to peers and a swathe of corporate activity near the Senala licence where ORR had a very strong foothold, in fact one of the largest licence areas in country.
The current market cap is now only £6m, recent news includes 2 JV's in Cameroon, hopefully to be closed imminently + we all know that the Senala JV terminates end February and the betting is, somewhat telegraphed by management, a stake sale would be their preferred option.
It is very clear Oriole is materially undervalued, this has been the case for some time but now there are significant price driving catalysts ahead, I suggested the stock will become increasingly hard to acquire in size due to these imminent news catalysts and that has proving to be the case.
A share price of .50p would deliver a market cap of only £19m, if all ducks line up with new high grade discoveries, 1p a share cannot be ruled out over the next 12 months, more-so if the Senana stake could be sold for cash IRO £5m/£10m + retaining a generous royalty interest.
I believe by end Q1 the share price will be multiples of the current .16p therefore.
DYOR etc.