I think the price target is quite accurate for now and think we might hit that target today or tomorrow. net and total assets were US$24,437,000 . We are building explorer 1 - close to completion and client was very impressed.
Soon oil rigs will need replacing so huge orders anticipated. Directors have stated they are very confident and have taken remuneration in equity. Incentives are there.
sentiment very good, outlook very positive for Amedeo - this will be huge soon - oil rigs need replacing -- expecting more orders .
Our client was very positive and impressed with the quality of Explorer 1.
Re-rate
Overall, at the period end, net and total assets were US$24,437,000 (year ended 31 January 2014: US$17,556,000)
and US$24,781,000 (year ended 31 January 2014: US$17,756,000), respectively.
tick up - moving now...mm's maybe filling orders - 52 week over 1p and since then good progress being made - prospects for iron ore have improved as well. AGM end of the month
I guess it is a great opportunity to build the links....they will do whatever they can to support..i can see the advantages for a large chinese partner