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Thanks for the reply. This looks like a decent company turning their fortunes round. I didn't expect the drop to current prices and didn't want to add any further with limited funds. 7-8p here will set me on a good path to recover total losses. ATB
Is the average and bail out of around 7-8p being my target. Good progress being made here
When is this company's share price ever going to rise?!
holding onto my reduced holdings for what it's worth...will look to sell on any half decent rise. A very clear strategy is required from our CEO. Come on RM, it's time to enlighten us now...
I wouldn't trust the broker's price target, it's been hovering close to 2p for a while until the recent placings. If we could hit this price in the next 12 month's I will happily take it altho I suspect I will be out on any rise unless we have a clear strategy to when we expect the first dollar to be brought in. ATB.
I will be completely out way before it hits 0.6p again...
Checking in and this doesn't look good...question is whether we will see a bounce from these levels. We are still lacking a clear strategy from the company. Let's hope this is the bottom and we push on from here. ATB
No that was not my sell
price of 0.14p put in...if it fills, I will be out. ATB
Hope all is well with your Sir. ATB and take care.
I would say by end of H1 2018 based on the RNS wording if I were to have a guess.
Sell at open...3.8m shares sold
Yes this is very painful indeed. I am now very tempted to sell at a very significant loss and move on from here. I don't think our share price will recover for at least another 6-9 months. Potential further raising of funds required for the company to do further exploration.
Thanks for your reply. Even with a strategic partner in my view, it will mean dilution for us. It will take maybe another year before the company starts making some form of revenue which is what we need to stop us from bleeding year afer year.
To bite the bullet and move on from here, it's been a very painful few years and from a few k profit it has turned into a very heavy paper loss as of now. After the next results are in, key is what will be next? We know RM wants to run a small scale production facilities and that will mean either 1) raising of more cash to fund it or 2) find a JV but either way will mean dilution. ATB
waiting for a coherent strategy after results are in from RM
I agree
Well done in making some decent profits with lloyds and solg, even with the fast buck on sula! Depending on the next set of results, I may just jump and take my losses with the aim to recoup it back elsewhere. AtB
On what account do u have it as a pump and dump? I will have to agree to disagree with you here.
He did with increased communication to shareholders, raised monies without it being detrimental and securing the drilling contracts with a relatively smart deal. Share price moved from 0.11p to 0.61p in about 6 months and thats a huge 400%+ increase in a relatively short amount of time. For those who traded this at the lows would have made a fortunte but also would have the balls of steel. Gold was and still is the best chance fo the company to make some money and relatively lwo cost to bring this to production... IMO