Majority of market is red and HARL finished blue should tell you enough...but a 2m rise in mcap vs a 55m contract over 2 years AND doors to MOD (what price do you put on that?) is quite ridiculous
NB: don't mean to sound like a ramper - have been a holder in past and like many LTH's know full well that it has 30x + potential should things come together....today's news is game-changing IMO
Low mcap, placing at 45p, big gap, new significant contract and.....strong cash collection
"We also see this recent contract momentum as an important indicator that the level of market activity is improving and are also pleased to update that we had a strong cash collection towards the end of our June quarter"
What are their targets for the FSP? bear in mind this IPO'd at around £1.50?
Funded Producing No debt Safe jurisdiction Director skin in game High commodity price In demand commodity Doubling production from next month Targets are around £3+
Ticks all the boxes and only down here due to a big seller who's nearly done
Rob see my post last night I said it was him, MBU have over 50% think about what happens to their 40% holding if they sell 10%, larger holders are usually in it for the recurring dividends or buyout
Market taking another battering today, but quality shines through in the end - BEN has recovered many times before
-It's not MBU -There's nothing internally -We're producing in a safe jurisdiction with one of the most in demand resources in the current climate -Should be well into the £s
It will get there, an absolute gift of an entry, no point flapping over a few pennies down here