RE: Prospector23 Oct 2018 19:28
Interesting discussion:
Why did the share price not react to the GGP RNS on Scallywag today?
[For example a jump in the share price]
>GGP SHARE PRICE ended the day at 1.12p [Mkt Cap £35.57m].
52wk high 2.25p and low 0.19p.
It would appear that the share price of 1.12p vs the low 0.19p suggest or appear that re-rating has taken place for the underpinned Haverion [per Finding the Motherlode Interview with Gervaise Heddle, CEO with ii, by Lee Wild, Analyst].
TRADERS & MOMENTUM TRADERS
We have heard from one momentum trader today and that he will not be buying until momentum appears. So, the share price marking time in a narrow range does not interest traders, momentum traders or so-called "rampies".
>GERVAISE HEDDLE interviews today at Proactive Investors, BRR Media etc.
There were quite a bit of new news which was instructive per Haverion, Scallywag, Clive Latcham that outlined what they projects were about and the strategic direction of the co.
<>CATALYSTS
The investment world sets the rules whereby there are definite catalysts needed before further re-rating [upward sp climb] to the next level of mkt cap.
At the current moment, the sp is marking time as it was in the days of Solgold initially from 1.5p to 3p level and then 6, 9 and 14p+. [1st stage] The 3p level took some time as it was waiting for Environmental permits.
It would be interesting to read what investors make of Haverion, Scallywag, Blackhills etc [Haverion licence] and Paterson Range East, also in the Paterson Province, W.Australia.
This is what is being said by Prospector - my take is that if every investor is reading it right and done research + insight to the value model, then we should be better placed. Its may be termed quantitative research & valuation models via catalysts.
Current topic of discussion on GGP.
Hence, what is the take on Haverion-Blackhills-Scallywag + Paterson Range East and more importantly what is the size of the potential project from the research of investors thus far?