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AFAM: The company should be keeping the market informed as much as possible if only to maintain the SP level, because if they need to raise cash it hurts the company less from a more healthy SP, but the company cant invent news.
This small rise means nothing most people are in here at a much higher level, we are waiting for a dividend from a sale, and that would come via an announcement in an RNS, there wouldn't be a build up if you were not in it you wouldn't get the dividend, so that's what would be tangible.
Think the words from Trevor say it all and I'm surprised the markets have not reacted more to them, them words are too confident for there not to be a big surprise on the way IMO.
Commenting on these updates, Trevor Brown, CEO of Braveheart, said: "Shareholders have had to be patient for longer than we had anticipated but with both Paraytec and Kirkstall now making material progress towards the commercialisation of their technologies your directors are optimistic that their patience will be rewarded."
Looks like the big rise has trigged sellers who have been sitting at a lost for a long time, once they clear this will push on. I can see this happening a few times until news of a sale or news of advances talks, I could be wrong but with the prospect of sales or possible commercial opportunities' its not too far fetched to see this at an all time high in the weeks to come imo
I chatted with NR a few times over the last year or so, he on longer owns any shares, he said he took the pain a long while ago, and believes the Ruvuma is now more or a burden than an asset. To be honest I lost interest some time ago and haven't really been keeping of to date with SCIR(£110k down the drain) but I suppose 2-3p would be better than nothing if it ever gets their.