RE: Investor Meet Co event4 Mar 2023 19:35
Well Van
I think you can say one thing about this news, for believers this could be an huge opportunity. Who here would bet against seeing 2.5p in this coming week?
All the projects mentioned are public knowledge so will be being valued in the market cap, but at a heavily discounted rate. That discounting is probably penal as a result of the glacial progress made on every single project AAU has been involved with!
Seems odd that an environmentalist has devoted himself to precious metals! Maybe that's where the copper comes in. Talking if which, I wonder when we will hear any more from Cyprus? This year or next?
I agree that you we very rarely see any RNSs that don't include 'are pleased'. But then again how many times do we see one that causes significant increase in price. In fact in my 7 years to date there was one!
Even the timing, snuck in just 30 minutes before Friday close annoyed me, so I'm probably just best left to grumble.
So, assuming that this problem at Tavsan doesn't result in significant redesign of the plant to satisfy the environmentalists, when do we now think first gold will be poured from ore mined there? The end of 2023 was already looking doubtful to me, maybe Q1 2025?
Enjoy the weekend, at least Burnley didn't lose!