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Buying big again tomorrow
Feel free to sell what you like early doors - I will have my mop at the ready.
No reason for concern today - we’ve raised 5% odd of the capex for stage 1 at a price at Xmas we would have been pretty happy with, shame it wasn’t slightly higher but provides a nice baseline going forward.
Steer clear
Have taken a initial position here this morning /- looking very cheap comparably
Absolutely no reason why This won’t be over 1p again in short order
To funding sign off
Expect we will start to see another run up now in anticipation of it being announced
Managed to grab a load more in the mid 7s
I’m hoovering up what I can this morning
If it means we get to a £1bn+ company I don’t
Mind the Bb getting like that
I did say a few weeks ago GGP was extremely overvalued I think it’s still got a fair bit to fall .
I’m fully expecting 25-35p this year minimum
Wasa one of the pieces to the puzzle was put into place in the last 7 days - market will wake up now
Remember what I said about the nickel mines acquisition in December - this has got a lot further to go
Imagine what a snippet of royalty funding announced for verhmaelo would do to the sp alongside full funding package for araguia ...
My expectations have very recently been set a lot higher.
Let’s get to do 20p first and then launch from there
Good luck all
I can get a quote easy to buy or sell 2.5m shares wasa admittedly it is 7.77vs9.82 lol
Will regret it by the end of March
My expectations on valuation have recently been revised upwards substantially.
Good luck all
Serves me right for not buying more last week
Have found myself buying another 500k shares across yesterday and today.
Also nearly in the 10m club now
I did say I full expect us to be in the 150m-200m market cap range before funding announced - let’s get passed 10p in the next week or so and will be a nice launch pad for what’s shortly to come
Serves me right for not buying more last week
Have found myself buying another 500k shares across yesterday and today.
Also nearly in the 10m club now
I did say I full expect us to be in the 150m-200m market cap range before funding announced - let’s get passed 10p in the next week or so and will be a nice launch pad for what’s shortly to come
And happy new year
Just to give you an idea of a comparable have a look at Nickel mines acquisition last month of the angels project in Indonesia $490mm for 70% in a pre production project requiring $524mm capex and an NPv8 of $1.4-1.5bn so they’ve essentially paid around 45% or NPV in comparison to the 18% of NPV were currently trading at for Araguia alone - onwards and upwards to 20-30p range
Looking crazy cheap
I can tell you with a high degree of certainty that Eua will not be sold for more than £3bn
Would air serious caution with brownfield sites in Tanzania
Without being biased I really struggle to see the attractiveness in eua and to be quite frank see it ending in tears .
I continue to be shocked how slow the market is in reacting to hzm prospects.
We will have our time where we see rapid rises
Keep selling people that can’t see past a yard in front their faces because I will continue to buy big.
All in all a very positive update today for me
If people can’t see the wood through the trees and sell then really they shouldn’t be investing- I will be buying big of theres any drop
But really this should rise steadily now