And what the doubters need to recognise is that the Nomad would have demanded verification of all those statements prior to releasing the RNS to the exchange. I continue to add.
Yes looks that way and thus missed out on today’s rise, but if you go back to the trades on 17th April that’s when buying really ramped up and any overhang is now gone imo, so we could see a decent rise next week.
Too early for drilling results from Yarrol, so it must be some corporate activity re Kathleen Valley driving it imo. Perhaps a deal with Bellevue Gold who are expanding towards Mila's licenses.
Have to say I was impressed that they didn’t duck any of the more difficult questions and really got the point across about the undervaluation. There will clearly be plenty of news flow in both the short and medium term to help drive the market cap up imo.
Thanks for the clarification Seis. That is one hell of an anomaly and explains why the JV simply has to be going after it, and with Anglo due to announce it’s drilling plans for the dry season in Zambia within the next few days the outcome must be imminent.
The JV has secured a large scale mining license for this area, on the back of excellent assays across the Cheyeza East block and the inevitable negotiations with TYM for its license is what’s driving things here at the moment imo, hence the solid buying this afternoon after some panic sellers left the room.
If TYM can secure a decent amount of cash for that license it will dispel fears of a fundraising and thus add value to all the other licenses that TYM holds imo.