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I am confident also but I’ve read every RNS, broker note, report and watched every video and how we are still at 2p I don’t understand, Given how far HZM have come it seems a little too good to be true that I can still buy shares at this price given the potential here, it’s amost as I’ve the market isn’t quite believing
I think we’ll still do very well here and we all have to start out somewhere let’s hope HZM delivers and sets you on the way to greater things, funny that I was going to look into SXX I know they operate in a completely different sector but I do recall they needed a huge amount of funding in 2 separate rounds which I’m sure they got, not yet producing but worth over £1 billion.... I know very little about them, hopefully as araguaia development progresses we will command a far greater market cap than we do right now...
Yeah something like that... I dare not look at my portfolio atm! As you said still plenty to come from both assets... they are operating in a supportive country and have big holders who are interested in the assets... it’s a case of being patient.. very hard to do sometimes
I brought my first lot at near on 5p and have averaged down to around 4p I have a million shares here... got to laugh though price is down to around 2.3p a share, it was given a 21p target yesterday on the back on the FS without inclusion of 2nd RKEF plant and with pretty much no value being given to vermelho .... crazy! That’s why I’m still confident here, few people are upset with the figures but it still makes for a very attractive asset with so many positives....
I’m only in a few stocks but I’ve gone in quite big here so I can’t really average down in any meaningful way, going to wait it out though as I said still plenty to come here... araguaia is still a tier 1 asset and there will be interest from other parties in funding the development, would love to see teck and glencore adding to their positions along with the BOD
I have started buying here also, there is definitely value here, Next have a good track record with a good brand and investing more into their online presence which I believe is a good move and yeah as you said remains highly cash generative, could be a tough year or two ahead for the high street but I am happy to hold these and collect the dividends..