George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Would be happy with £5 per share to kick things off, that’s fair to at least somewhat keep pace with the token price if it were to take off towards that bill valuation
Prospectus is now 2 weeks overdue?
Sp should have really moved to the 1.5-2p range on the back of recent news anyway, looking like the shackles may well be released now anyway.
Think with the location being so close to other successful drills this time should see intense FOMO which is what should take the sp back into the 3-4p range once again you would imagine.
Correction, should equate to a sp of 0.81 here?
The current OTC price of 0.0097 means that the sp should be 0.0081 here?
You may be correct on that, I was in the time it went to 4.50, that was a brutal drop back that time but the COS is apparently the highest it’s ever been for this upcoming drill so will likely not slice this time either pre drill but hope this time the drill results are far more positive!
Yep, the sp hit 4.5p last time in the run up to the drill, should be even high than that this time around you would presume!
You called?
Sp hit 1.10 last week before court ruled in vasts favour so surely should see the sp considerably higher now that diamonds will soon be back where they belong!
Although could actually see a new year high beyond 2.6p this week just on the back of todays news releases as now diamonds are officially vasts again which obviously is transformational news it of itself!
Next RNS tomorrow or Wednesday confirming that the diamonds have been recovered presumably, that’s when the push to 2-3p area should be possible you would suspect!
So should get an even bigger RNS this week confirming that the company have collected the diamonds then!
Will diamonds be in company’s possession tomorrow?
Genuine possibility of a 2-3p + sp come close this Friday?
Can you post link to the tweet? Thanks
Surely the prospectus must be out to us shareholders this week?
https://audioboom.com/posts/8242109-the-sunday-roast-zambia-special-glr-jlp-cgnr-afp-est-vast-prd
listen from 39 minute’s onwards, sp should currently be in the 40-55p range as that’s where it was when the JV was first announced! Seems to have inexplicably oversold down to current level, rerate back up to beyond 40p due shortly imo.
Hope you’re right!
CGNR daily trading volume statistics:
Avg vol (last 3 months)
42.28k
Avg vol (last 10 days)
62.68k
Trading volume today:
Just over 2 million!