focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The company is adding an additional 4b shares at 1p each. At the current SP of 5p per share it gives the company an MCAP of £229m. Before the issue the company had 639m shares in issue, taking the 52 week high of 30.5p per share giving it an MCAP of £210m. I cant see how this will jump any higer tbh.. unless im mistaken
13p
What do you guys do for a living... do u work with exec boards on a day to day... surely u must understand decisions tale months of planning and can go wrong... im a chartered accoutant and have worked at a large casino group where i was involved in providing analysis for huge business ventures... things take time...
Im still in mate... they have too much gold for this mcap... just hold on... we have had all the crap... my average is a tiny15p tho... some guys much higher... im a patient guy and have been reward on numerous occasions.... CEY will explode soon imho... hopefully they takeover avm
Impairments and depreciation are non cash items... look at ebita before exceptionals
The sp actually closed at 12.25.. yesterday
What has changed since the other week for you to change your view... price of gold?... what are you expecting in terms of news flow?.. im hoping this gets bought by chinese for 50p a share...
Whats ur average buddy... i thought u had sold out...
Nice end... no 8p....
Hang on 8p just appeared
I reckon..
Live
90p.... would give avm a market cap of 179m.. need gp pushing 1800 or a marked reduction in cost per oz for that. 50p is a good medium term target depending on obvious external factors and the bod not doing anything crazy.. imo.. i got killed by a ramper in past.. now i ignore people who are like this will be double next week.. or mms are running out of shares... or whoever sells is missing out... these people make me sick.. but i am wise to them
I find it out that people keep asking whats happened.. since gold has strenghtened during 2014.. we have not moved a bit.... the longer it stays around 1300 avm will make money... sentiment towards gold could be changing and this company is undervalued at this gold price.. rewind a year back sentiment towards gold was low... avm had a stupid hedge to sell gold at 919 dollars an oz.. and production costs were increasing... a positive slant on results in march should help increase investor sentiment....