RE: Question24 Jan 2018 09:55
With only around 20% of shares in free float, anything seems possible at the moment given our NPV of our asset versus current market cap. I believe that when people see the figures in the PFS that is due anytime now, they will be very impressed. With palladium, platinum, vanadium prices all on the rise, the value of our mine seems to be forever increasing in theory. Not to mention the other credits e.g. cobalt, nickel, chrome, copper etc. Battery leveraged minerals such as these are also going to be in high demand for the foreseeable future (copper, cobalt, nickel).
We have seen how some other shares have 'bagged' on what appears to be little news, so I never fail to be shocked or surprised by AIM these days! What I do know though is that our share price is due a major re-rate and once the PFS verifies what we have in economic terms and it is out there for people to read and check for themselves, they should see what we are sat on....and this should in theory have a positive affect on the share price.
I don't want to make wild predictions of what the share price will be in a few months time. I think that another investor on here did some 'back of fag packet' calculations based on our NPV and without taking into consideration our Tier 1 Vanadium deposit, which we will hopefully soon earn more about is value, I think he / she came out with a share price of between 45p-60p.
I personally believe we are sat on a "10-bagger", but time will tell. On good news, the share price will move fast and so take your position now and sit back in the pocket and watch it all unfold this year. Good luck.