RE: Trade out for a pull back with news imminent27 Aug 2019 13:01
There was news last week in which it was established that this is a massive nickel district with a further mine being identified. I believe it is rising because it was massively oversold due to the distressed seller. It is getting back to fairer value is all. With the addition of further news this will really rocket.
Bit harsh Tad. I think Joe is understandably frustrated, as we probably all should be. This is a great RNS though so maybe when it sinks in he will see it for the positive it is.
I feel we would have firstly seen a rising share price if this information were accurate and secondly an RNS would have been issued by now.
I remember last year were we went through a prolonged period of no news and speculation was rife that we were in an NDA only for it to come to nothing.
I have been invested here for 10 years and would love it to be true but beside the meteoric rise to 44p and a second rise to 16p this share hasnt really done much.
If you also listen to the interview Robin says that they have no intention of trying to do anything alone. They state any choices will be dependent on partners and how they wish to move it forward. He also states that they have been in discussions with various potential partners and that he basically sees the company being taken out
I think it is fairly obvious that Red lee is a derampers. I'm unsure why he is given so much credence on this board. His posts are constantly negative. From memory was it not he who previously sold out prior to the SP rising substantially before?
The main thing to remember is that the company originally intended to work on a bfs. It was following discussions with financiers that it was decided that the less onerous PFS was all that was required. Therefore, it shouldn't be long after PFS is released for things to happen if this was specifically the route that the company was told to go down.