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So couple of questions. Wouldn’t it be better for BCN to leave the aim and join the big boys league? Seeing as aim seems to be awful and corrupt. Also is it easy enough to move the company from the aim to mainstream? Do they need to do anything or are there disadvantages for a company like BCN to do it? One last thing, are we waiting for the Chinese government or ganfeng themselves to finish the last of the 3 stages? Because what I’ve been reading is the Chinese government have completed the first stage, and then ganfeng to complete the last 2 stages.
I’m just confused by all this! I mean I’m new to all this over the past 2 years, but I just can’t understand how this share isn’t flying up. After things like vsa reiterating ‘buy’ and a target share price of 1.17 (which in my opinion is still too low for the potential of this company) and all the positive news it’s been getting, one example being the ganfeng deal, then how is it dropping still?!?
I keep topping up because it’s just too good a price but it does worry my a bit.
I mean are aim shares really that corrupt. Because I just can’t see any other reason why it’s not flying up. I haven’t heard anything negative lately to give people doubt and reasons to sell.
So does anyone have any sort of idea how long the other 2 stages will take then? Not that I’m too bothered just curious.
On to the final day of the month tomorrow then. Will there finally be the fireworks we’ve been waiting for!!
It’s looking like it’s not going to happen this month is it?
I know there’s still a day and a half to go but there’s been nothing since the las time news. Frustrating. I’m in it for the long haul regardless but I want to get excited!
Are we finally going to break in the 50’s again?!?!?
So do we expect the price to drop dramatically then if it doesn’t go through by the end of the month then?
So it’s getting close to the end of the month now, and I was just wondering;
They said that we are waiting for news to complete everything from the Chinese government. They told us it would be at the end of the month. So is that them estimating that’s when it would happen and be announced, or is that a deadline that we/they have to complete it? Does it matter if it’s not completed by the end of the month?
Also when will all this aim shares dirty tactics stop? Surely it’s not allowed! Will we ever go into the big boy pool with our shares do you think?
Perry I think you hit the nail on the head there. Until ganfeng have their team come in to take a look then we don’t know how much will be needed. They say it will take 6 months to research it all. Ganfeng have said they are confident of lowering the cost it will take. From using machinery from China to having their own men who Have finished work they were doing in Argentina.
Great start to the day! Yes i think if we hit the 50p it might kick start a surge. People waiting in the wings might want to get on board before it’s too late
Ok thanks. So on that note.... is there a chance that it will fall through? It seems to me that it’s pretty nailed on and there would be no reason why it would right?
Penny for your thoughts guys. So if everyone if reaffirming to buy bacanora shares and news is getting around, why is it not going back up as much now?
Are we going to have a strong finish to the day then?
Hoping for a steady week now. Still waiting for the boom. I hope the deal all gets finalised before the end of July too
So just curious what everyone thinks (bar Dougal) on wether they are worried about the deal getting the approval from the Chinese government. Is there any reason why it might not go through?
I’m still surprised it’s dropping. News like this has spread now surely to get keen investors jumping on board. And people selling just baffles me! This is a steal right now so makes no sense how it’s dropping still this week.
Ok cheers for clearing that up guys. I’m in it for the long haul with these. I’m fairly confident. You just do get a little worried when you expect something and it goes the opposite!
I’m a little confused about what happened today?!? After all the news and the big spike at the end of Friday I thought it would of continued 10 fold into this week. So to be down I’m a little shocked. Anyone got any ideas why?