focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Having painstakingly gone through todays update, I agree this price drop is an overreaction and there will be a bounce quite quickly offering a golden opportunity right now. As I write this I'm just seeing the report has been delivered and phase restarting can proceed.
Great to see you over here as well Matt. I don't post much on either here or ADVFN, but your exceptionally well managed thread is brilliant, along with the regular contributors.
Keep up the good work.
HH.
These value prices must play straight into the company's hands whilst they are shoring up stock in the company treasury.
Although frustrating for long termers at the moment, it's surely comforting that the company have a current 'buy back' policy. The BoD know the potential better than anybody. Wouldn't surprise me if they exceed their target buy-back volume at these levels.
Hiya mate,
If it retraces circa 120 I will also be splashing out.
Looking back at today's support it seems 152 is the current basement bargain (for now at least anyhow).
Considering the 1.5c special divi et al, I can see frugalists stocking up by Feb 12th just for that..
I wasn't even tempted to top slice, take profits or even completely cash out on Wednesday's spike. This has got a lot lot lot more legs yet.... Fabulous Management.
Check out the ADVFN thread if you haven't already....... Brilliantly informed posters over there.
Regards
HH.
*** Should have read read 'support' as opposed to 'resistance'..***
Reckon you'll be lucky to see 120 again mate, resistance already seems to be building at 150.
Solid positions to be had here for investors (if you can get the stock), once the traders and chancers are shaken out.
But there's something funny going on here.. Perhaps it's time to get your chips in and buckle down... this could be quite a ride. (Finally)
Can only do what you think is right at the time. Otherwise this wouldn't be a market based on opinion or a lottery based on luck.... Read the detail or read the hype.. the choice is always yours.
... Listen to Vroom's link about 10 mins in...Spend some time on the AAZ website and try to digest the information as slowly as you like. We all know whats going on, the details will filter through to the wider markets in the not too distant future. Q3 out shortly, all looking rosey, mines developing, mines coming back onstream, successful agitation around 20%+, SART excelling, reduction of leaching, reduction of dept, Manat devaluation against $$ valuation... NK destabilization ..etc, etc, etc what's not to like. ?... Maybe plus 60p+ before long.
Charts or history.... follow the money.. the trades right before our eye's... Those guy's know more than we ever will. Saying nothing else other than I'm buying. GLA
Unusually large trades of which many are reported 'delayed' whilst order's are filled over the last few weeks.. V's PI's cashing in on a small spike profit. Someone is 'hoovering' here. Hang on to your hats guys.
These are far more than the average PI punts over the last few years. Someone / organisation has taken a serious interest here. Makes you wonder what with the presentation tomorrow night that further good news is immanent.
That's better.
with these trades / prices etc. What's going on ? Have just got the decimal point in the wrong position ?
Been a few of these over the last week. Is someone / organisation building a large stake ? Who and why ?????
A big delayed trade caused the spike at 12:55pm
at around 12.50pm that caused that spike...? I can't see them. This is the MM's fooling around looking to shake out stock.
some MM ploy to trigger sales. Reckon they're getting concerned.
Should be circa .76 based on NAV alone. IMHO + mathematics Tiz only the debt due to ongoing development & investment along with Bashirov's garage sale bonanza that has tested sentiment over the last few years. Many people saw this, though many more are now cottoning on.
Based on this alone my calcs suggest the share price should be .76p. This doesn't include the last two years of investment, the Manat devaluation, debt reduction or anything else... still massively UNDER-VALUED.