Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Richy an RNS saying discussions moving in the right direction would do way more than just balance the uncertainty think more like north of 30p just for starters. To this point there has been no communication with regards a conclusion if we get that then wave goodbye to Sub 30p for good.
Apologies everyone corrected
Like I have said if the company release an RNS saying something along the lines of discussions opened to resolve amicably then boom this will double the SP almost instantly. People may be about to miss the chance to buy sub 30p never mind sub 20p..!!!
Like I have said if the company release an RNS saying something smacking the lines of discussions opened to resolve amicably then boom this will double insta the SP instantly. People may be about to miss the chance to buy sub 30p never mind dub 20p..!!!
Well the facts we know up until now is that the state of Rajasthan has no solid grounds to go on within the boundaries of Indian legal system and I would like to think that they have now realised so are looking to come to an agreement of some sort. As for the date of the 8th Dec as far as I can see is purely a filing date. We will have to wait for the company to tell us how long this has been delayed I hope it’s only 30 days and they signal this is moving in a positive direction that alone will double the SP..!!!
Few workings and open to criticism :-)
MC based on 20% of in ground resource and future gold price of $3000 lets do the maths for what 1Moz could mean for the SP of COBR
1 million OZ at $3000 I calculate costs at $800
That leaves $2200 per oz even if we only retained 50% of the company the rest was offset for drilling and JV partner
That leaves us $1100 per oz or approx £800 per oz
800 x 1Moz = £800M lets take that and say for arguments sake we eventually have 500M shares in issue
1m oz - £800m (MC at 20% £160M) into 500M shares = £0.32p
2m oz - £1600m (MC at 20% £320M)into 500M shares = £0.64p
Throw in an IOCG find and the mind boggles...!!!!
ST we have crossed paths on many a share this year and always value your research and input. It’s all about getting in early as you know and this is very early here for what PAT have in the pipeline. That way as we both know even if we get a bit of bad news along the way it’s no worry due to investing at such a low entry point. Not sure if your in COBR also but defo worth a look expecting good things over there also this month and into January :-) If Bhukia comes off then every single one of us stands to make a lot of money that’s for sure and at the current Sp with other Projects about to deliver this is almost as derisked as you will get for a junior miner with a Potential Tier 1 gold asset.
In all honesty I think they know it’s going to be delayed or pushed back. If it needs to be a Final hearing and they have no choice but to provide a decision then the only way to avoid that is push the hearing back. What needs to happen is a date set that they can no longer delay the hearing for even that will have a positive impact on the SP. With results from Bassala due anyday now we have a firm SP foundation to move up and into the 30p+ range.
RR I’m with you can and can see a Sp in the region of 5p+ come early January if results like today’s continue or improve. If Clarke joins up with another of our deposits then we will be well on our way to proving up a 1MOZ + resource and the current Sp will seem a relative bargain.
Looking good hear folks PAT has been on my watchlist for sometime now currently holding 200,000 shares. If Bhukia comes of we are all going to be very very rich :-) If not then Bassala has the potential to make us some very nice returns along with the rest of our portfolio of exploration assets.
Long Covid will be a thing it seems for our generation at least. With that in mind treatments like the one SNG have must surely be in huge demand. This is a giant in the making looks like I will be buying back in here soon just waiting for that clear bottom honestly never thought I would even get in again sub 150 never mind at close to 80 which was the opening price on the day of Phase II results...!!!
Just a game of patience Cobra is way off the radar with most investors right now. Look at BZT for an example of where investor trend is and FOMO. This has allowed us all to take a position here at a great price. Good news from Baggy Green and this will have a 100% day on positive results. ;-)