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Can't disagree with any of that, well said. Least now we have a greater understanding as to the reasoning behind the BVM sale. Once they have sold out fully I'd like to think we will see a gradually increment in the share price.
Nine months since the fundraise and frustratingly pretty much zero progress, I bought AFC and EQTEC at the the same time as VLS and both those stocks have created huge opportunities since they raised cash emphasised by their impressive 2020 share price performance. VLS has gone backwards it is not even in the bottom drawer its in the cellar !..I'm out
There might be more to this than meets the eye, same thing happened for a company I worked for. Auditors were all over it for seemingly months. Everyone was querying why all this interest, why is it taking so long...Comapny was bought out 3 months later
50% down from the October placing price generally put down to delays in procuring orders because of Covid, seems to me like a great recovery play once the economy kickstarts....thought that director loan business in may last year doesn't sit easily with me. Hopefully the new CFO wouldn't stand for offering such generous terms to a fellow director
Agreed, nicely underwater with this one now as are the recent shareholders from the placing. Sector was overpriced in America but I cant honestly say it was on the UK market though are now getting treated the same with large % drops per day
Oh I know all of that. I've been in/out of Orosur for many years but I think the expectancy here was inflated in comparison to what is actually happening on the ground in Columbia. They are defining the extent and content of the resource which can return unfavourable results for shareholders but prove invaluable to future commitments in the forthcoming extended campaign.
Quite possible Rob, but I would expect them to release the final results once all the initial drilling has finished but i might be wrong. Hole 80 has just started which I assume is the last hole of the 2400m drill program
I rode the crest of the wave recently with OMI and was greatly anticipating the upcoming drill results after the excellent 1st hole results in late January that clarified the huge potential of the Apta resource. On seeing yesterdays RNS my immediate thoughts were to sell ASAP, managed to get the trade through eventually at 32p. Why?...well in my mind the results were disapointing in comparison to historic drilling.
Holes 73 and 76 intersected sections of ore that had previous reported much higher grades Map20/33.
Hole 74 was pretty inconclusive with poor grades in comparison to nearby hole 36.
Hole 75 was a huge disappointment as it 90m downdip to the excellent Hole 72 were the gold strike had turned predominantly into zinc.
Anza does have huge potential otherwise you would not have 2 majors involved and as said previously the comple apta deposit is just one of many in the area. It is also very encouraging that the drilling has progressed to 7000m and an additional rig is onsite but there is no big conspiracy here...the fact of the matter is the results were disapointing. Hopefully the next set of drill results will give us all something to cheer about as they look to go deeper into the ore. Expect results mid april.
That's exactly what I thought, its an incredible dour statement...I suppose they haven't got a great deal to shout about. Sold up this morning, I will revisit when the current climate improves.
Seems unlikely, there isn't much good news to digest from the update. i suppose they still have over £6m in the bank and have successfully renegotiated leases but i was expecting online sales to be much better
Surprised this news seems to have gone under the radar, to get exclusivity deal with the NHS on a covid cleaning product is certainly worth shouting about, possibly opens the door for many more contracts.
I've been in EVE for over a year now and that was the best RNS I have read in sometime. Going off the basics these should go beyond cash in the back and be valued on 1-5 to 2m profit on a conservative P.E of 6 you are looking at 10 p at least. Was expecting the sp to double or more today but there is still time yet. I'm in for the long haul. Selling price 15p
Action stations at the ready, the main reason I bought into Quiz was that I believed they were grossly undervalued with an desirable product range in a devastated sector. I really do believe this company could be attractive acquisition by one of its larger peers.
Valentines day and poor Quiz has gotta be one of the most unloved stocks in the marketplace at present but I personally think there is real value to be had here.
Looks like it is heading to sub10p at this rate.
It's the only why I am in here, hugely undervalued at present. It is no surprise at all that potential suitors are taking an interest plus the branding is very current and desirable
Looks like Standard Life are quite happy getting rid of the shares they bought off Woodford, so that will no doubt keep the sp depressed in the short term