Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
I believe
Yeah, all about making money. Its a game, the news is positive but nothing to stimulate the sp (2.72lb) , because copper is at 4$ since the accounting period and will be for the foreseeable we know the true value. Fair play to the mm's, too easy
Copper Price per Pound $3.92 , up 0.10 overnight (futures)
Should be a good day!
No dividend in until this is sorted, some news on this front expected soon...
Astor update
The Company continues to go through a court process to determine the mechanism and timing for the payment of the deferred consideration to Astor. Following the hearing on 30 October 2020, the following stages have been fixed by the Court: (i) Atalaya’s application for permission to amend its statement of case will be heard in February 2021; (ii) a summary judgment hearing will be heard in June 2021; and (iii) if Astor’s application is unsuccessful, a trial will take place in February 2022 for six days.
As for 1 (minimal) share trading , could be signals , usually market maker stuff, they need to balance their books
Ok, good luck, if you get a decent return I’ll be well sorted! Basically they’ll only pay Astor when they are forced to through the courts, as legally Astor made a massive mistake when drawing up the contract. With copper prices high though it may become increasingly difficult to manipulate accounts and spend the excess cash they must be making
Coppers at 3.68, whats your point. There's a hearing in February but it'll be ages till that's sorted with astor
Quite a bit going through at 271.5p
at 2.2 we make money
It’s nice to see after stabilising at 2.30£ we are gradually moving up. As you say we aren’t in correlation with today’s copper market. As long as copper sustains above 3.5$ per lb we should continue to rise , however I’m quite bullish on copper heading higher so £3 seems easily achievable. Not sure on the date of our next update but do know we have a court hearing on Astor in February
Bonkers lol assume you ****ed
Dont think they did as apart from Germany were probably the only ones strong enough and better off alone.
9 days left, we will be on WTO. Dont know how long for but pretty sure its going to occur for a bit
Gut feeling is No Deal, they’ve left it too late and neither party wants to come to agreement
Good luck, sb v risky
Doesn't usualy work that way, but I'd welcome that scenario. If that did occur I'd be amazed and wouldn't regret not topping up.
Doubt it'll jump that much in one trading day. But it'll be over 40p at some point next year
i'd rather wait and top up at 38 with a deal than top up now and watch it dive back to 30
Very wise
Wait and Buy at 27 hopefully or gamble and buy now? I’ll wait to top up
3.63 , had a good rise from 1.90p and absorbed onions 10% dump and have stabilised at 2.35. The outlook for copper looks extremely favourable and am sure we will have the next leg up soon. I personally think copper is going to 4$ per lb next year. Happy Xmas
I have no faith in the ability to strike a deal as unlikely anyone will back down, therefore more like 30p for Xmas. In the long run doesn’t really matter