Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I don’t think he will, he doesn’t have the band width. Our value lies in proving up resources. I think we will sell the majority, and keep a small slice for an income stream. The capital we receive I think will pay a one off dividend and fund the development of Hazen, it could be that with all this interest this is funded by one of the interested parties as a JV? Who knows, but I am sure confident that the money is going to be a lot bigger than our market cap.
Why would we want to do placing when a deal is imminent, the deal I am sure will be part cash. We are sitting in the driving seat and can determine the terms. The market is starting to take note of our assets. We will need cash to prove up Hazen.
I liked it that Hazen was visited, we have a clear path for long term income generation. The future is bright for our assets. We just have to be patient, until we find out what deal is sealed. We are a minnow, in a big pond with some very big fish. Happy days.
In the government tender documents for the construction contracts, there will be clauses about the green materials that will have to be used. The market will push the pace of change, all heading in one direction. We have also found another project that we have staked a claim that potentially might be commercially viable. Icing on the cake if investors have some patience. I think they will have enough cash to keep it running until the deal is done, costs are next to nothing.
The type of companies on The RNS list plan years ahead, but are conservative. The product works, the market can see the direction of travel. We are dirt cheap, I would hope that we are going to realise a lot more than four times our market cap from this project alone. I am banking on it! With the level of competition and the due diligence that has already been done, I think we are looking at a few months.
So so negative. The difference this time is that we have the test results to shout about, stronger, and better curing times. Going green is increasing in pace, we are ahead of the curve with a permitted mine, and prices are increasing. Demand is going up, what is not to like? We have companies competing for our assets, including the one that we pulled the plug on as it would not smell the coffee! It has now woken up. Happy days for the patient.
He can’t give the identity just to satisfy investors, negotiations have to be kept confidential for both sides. This is the norm. Just be a bit more patient, the delay and extra competition means the price has gone up. This will multi bag. Still not able to buy.
It is a very good RNS and clearly demonstrates that we have an asset that is in increasing demand. I know it is frustrating having to wait, but I think our assets are increasing in value every month! Shareholders have got bored waiting, this RNS is very positive and shows that there could be a bidding war. We should rerate after this.
I don’t know whether Frayne is particularly bothered about the share price now he has done the raise. He knows the situation, and hopefully the share price will respond on the correct news. We just have to wait frustrating as it is.
Just done their raise Mr/Miss negative! With these drill results it opens the door to a bright new world of opportunity. Fantastic, we just have to be patient. Higher mineral prices, greater grades, wider area, increased depth. This is going to be a takeover target is my fear. I want this to be a pension dividend payer. Just need the licence to extract!
Given the stoppage, they are not bad, at least it is all systems go. They don’t give much away, I would have thought they could have mentioned record zinc prices as a positive! It should be a belter for the next 9 months, just have to be patient.
Yes a very positive presentation. I like it when he said 5million or more than 10million ounces, which I am sure why Jim Mellon is a long term shareholder. We just have to wait, in the meantime the market is not bothered, time scales are too long. I am sure we will be rewarded by being patient.
At long last the share price is starting to move, about time too. I just don’t understand why the market suddenly wakes up to the zinc price and the growth prospects. This should motor at this share price.
Yes I would agree about a potential takeover, it would have to be friendly, and the 75% would want their pound of flesh for putting in the seed corn money. So they would not get it on the cheap. They have so much land and scope for growth, all very encouraging. I just could not understand why the price went down so far, but saw it as an opportunity to keep topping up. Hey ho investing on the aim market, not for the faint hearted!
I was wondering how much we all hold, as I have put a very large slice of my pension in here, buying on the way down over the last two years, with my last purchase last week. So very much underwater, but very confident with good news that this will multibag with only 25% in public hands. It amounts to 0.9%, So looking forward to not having to sweat so much!