RE: After 4.303 Dec 2020 09:16
Pops, you either don’t understand the junior mining industry or you have ulterior motives for your constant de-ramps.
If you listen to the PM fund managers, you will understand that we are due to go into an M&A frenzy in 2021.
As per the M&A Update RNS 26/10/20:
“IBK Capital have commenced marketing process for the Company's San Celso and Los Campos silver projects in Mexico”
“Discussions have already commenced with third parties with a view to joint venture and earn-in into the newly acquired exploration licences.”
Therefore, all our projects are now subject to M&A.
When did I say, “10p after these assay results.” ???!
Others have valued Hamersley 10-11p on it’s own.
That was using the exploration target estimates as a low case of 74M tonnes.
But after TP stated yesterday "Exploration target of up to 245 million tonnes, which could
potentially even need to be revised upwards" I believe we were far to conservative.
This is why IMHO UFO is the best asymmetric investment opportunity on AIM as we head into a secular Silver & Base Metals bull market.