Nearly £50m MCAP for £3.6m cash and nothing else!!! Use your brains guys, don’t jump on the hype train that is a long term disaster! Stocks like BZT are asset backed, valued at £4m and worth far more then then the market suggests ...
Going forward, this is an asset backed company that is valued at next to nothing, there are shares on AIM that are cash shells with �4m cash and no assets being valued at over �30m!
This is the crazy world of AIM for you!
Dodgy Far East company that pops up, explodes then delisted.... seen it at least 4 times before! Did say this yesterday, enjoy the ride while you can punters, make that profit :-)
Can justify how a £4m cash shell is valued at £18m its as simple as that! This is just market hype, if you are in for a trade and make good money then great, props to you! But there are plenty of newly listed companies that went pear shaped after such suspect opens.... a lot with Far East money. Make of it what you think but this is not an asset backed company to justify the current MCAP!
Silver night there have already been profit takers over the past few days already! I’m personally confident of a return back to the stronghold of 0.8p before news, or in anticipation of news.... previously the placing overhang kept the price articificislly depressed but now it’s gone we are primed for an easy return to 0.8 then it’s onwards and upwards from there
This honestly has had the reigns removed.... have the cash for the short term but more importantly we have 3 very valuable assets, each of which could be a stand alone project in 3 separate companies!
Speaks volumes, on this basis we should have a £10m MCAP on this alone
The MM's are moving this quickly.... its always great sign when the volume hasn't been huge but the MM's react to even small trades - it shows that liquidity is very tight.
Remember, 3 prospects in 3 countries each of which could independently be a source of news flow.
Sale of Mankayan, JV/sale of Eureka, project level financing of Choco (de-risked with testing to bed rock and 100% license ownership as well as plant and equipment ownership). Remember anyone coming in to get involved with Choco wants our expertise; they need an experienced team to run it so I can't see them trying to take over the company as a whole at this seriously depressed share price, when looking at the team we have and assets we have.
1p is a very realistic short term target :-)