Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They won’t raise down here and not now, would expect some surprise news soon and after the raise ..
there seems to be a background buyer this week mopping all retail, if bond goes through which looks like its in the bag this is going bonkers..
Zak target 9p seem reasonable, look at echo after bond restructure has done 200%
Same its gonna happen here, big buyers mopping here for a reason
Tomorrow is a huge day for ECHO expecting to do 100% rise on vote pass
Last time on 5mil debt restructure we did 129mil volume, now free float is small so huge rise coming here, mostly its the company's rerate news.
Thats from last month RNS;
With a firmer financial footing and material operational upside which we are actively pursuing, I look forward to updating shareholders with further good news in due course."
we should tag 10p today, Aussie finished strong 32% up
Its a hold for me personally see value much higher in a coming weeks - months
Echo is the next multibager, we have a great assets with increase in production, Martin Hull now in driving seat making a turnaround story, Oil and Gas sector bullish from here on and with tightly held shares, small free float and plenty of news in the pipeline this is set for a big rerate, drop from 2.5p with gaps to fill, easy 2p short term
https://vimeo.com/486866901
http://twitdoc.com/view.asp?id=520722&sid=B5SI&ext=DOCX&lcl=ECHO-ENERGY-DOC.docx&usr=AIMRANGER1
I have just had a quick scan of several other takeover/jv/farm in companies with deals and spoke to a mergers and acquisitions specialist in the city...
Ggp 450mn mcap a deal with newcrest that in reality is 50/50 for shareholders
Rre takeover deal at 250mn mcap which should have been a lot higher at 300-350mn mcap based against the assets and recent share price...
With our asset base and Anglo American as a tie in partner and current copper prices we could be looking at a 75% give away/jv partner for around a 250mn - 350mn mcap 25-35p shareprice so a similar rise to GGP...
Or a take out around the 600mn mark which is a more likely way forward with Anglo American in the 50p per share region...
Alan is doing an interview this morning