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I was going to add more last week but decided to wait. Doh!
Some good comments on here this morning, I'm holding a circa 45% loss but I'm not here for the short term, I see this genuinely making 3-4 times my original investment as a minimum and the thing you can't deny is the economics of Gold. Its good to see some of the rabble from the last couple of weeks have moved on, clearly didn't make it to their short positions!
GLA!
Looks like MM's at it today, 20% spread....
Games are afoot!
That bit was cringe worthy! Interesting that he wouldn't blame ANS about the delay when pushed about the breach of the Agreement!
I have been having this irresistible urge to add some more shares this week, I have been deliberating since Monday and can't make my mind up.....
What would you guys do and why? (*Don't worry I will make my own mind up just wanted to get some thoughts!)
GLA
Fevertree - Everyone of your quotes is very negative you clearly have concerns and issues around this company so why don't you move on instead of posting the same type of $hite everyday? Maybe you have shorted your position and this is a desperate attempt to try and manipulate others into selling!
Manu - Definitely not naive, I raise debt and equity for Companies for a living . My point remains the same, if it was such a shower of $hite why would someone put £3.7m into this Company. Perhaps its because we have a couple of potentially very good Assets....
I see the knives are out for Harry, if he is such a fraud and a crook how did he raise this money from this fund?
What am I missing?!
Ha ha ha - this board makes me laugh, calm down. We are now in receipt of additional funds and still nowhere near the mid-March low of 0.55. if you don't like it here sell up and move on.
Fevertreeman: Go out and try and raise £3m+ and then tell me its hardly "massive", raising any amount of money isn't easy even more so when it comes from these types of institutions.
Some big players involved with RAB, given they are a hedge fund they will "make" this market. Buckle up for another rollercoaster but those that doubt the project and think its a load of bull ask yourself a question, why would a Fund like this invest the money if they thought it was going to $hit and wasn't credible. People don't write these cheques for the fun of it......
This is massive FU to ANS, wouldn't be surprised if the Government said to go out and raise more money, and then we will top up as per previous RNS. One thing is for certain RAB are no mugs, they learned a lot from Northern Rock debacle and you can be sure they wont be getting burned again. I'd expect the SP to quickly absorb this with much better significant news due shortly. Keep the Faith and DYOR.
Small gain at the moment while the rest of the markets go to $hit, Gold is where the opportunity is....
This won't spud until December.
Sorry I forgot to say great post @busbythecat, my reply wasn't to your topic just a general observation based on what I've read over the last 3 days.
Some real angry people on this board, this is AIM, this stuff happens every day, you either believe in the project or you dont!
IMHO I think they will fund it and this will eventually take off.
DYOR
GLA!
I have topped up at these prices, you need to hold your nerve or not as the case may be. I believe (just my opinion) they will get the funding and, with the price of Gold, this looks like a better punt than most of AIM.
DYOR.
Looks like an interesting opportunity here, dipped my toe in this morning!
Funding not secured yet, read the latest RNS the convertible loan notes have a number of CPs attached to them so it is not yet guaranteed.
Wrong board!!!
How much lower can this go? Underwater now.... Massively disappointing....