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Also to add even if they just paid the interest for a couple quarters (a few mil as opposed to 14 mil) it’s absolutely fine once debt is below 50mil nd used the money for exploration activities and growth.
I think it’s an excellent piece of news albeit with some dark shadows which only need the clouds to move them away- as I’m not permanent shadows just a matter of time.
Personally for me the debt aspect isn’t a bother at all. Whichever way it will be paid. Abit of debt is fine even after year end- most companies big or small have debt.
The small concern for me lies where they have said exploration haven’t returned any decent results which casts a shadow on how long there is with mine of line.
To give this share a boost we need forward looking certainty as in there’s gold around the explorer area- this proves extension of mine life. This is the bit of news or part of the puzzle we’re missing.
Gl
Entirely misleading comment.
You do realise before people say oh god I have to pay 200 extra a month on mortgage the first thing I should do is give my house up and scream the place down. My comfort. My roof. My shelter.
People use common sense. And cut back on ten other things to make sure the roof over their head remains. Roof over their kids and family remains. Even if means giving financier car back. Cutting back of holidays. Cutting back on treats. Booze. Outings. Eating out.
GIVING UP YOUR HOME IS THE LAST THING ANYONE IN THEIR RIGHT FRAME OF MIND WOULD DO. What’s the alternative if u give up ur home? Go on rent?? Rent is higher than monthly mortgage mate. So don’t know what this comment is on about. Ovb doom nd gloom.
I usually just read and have started a position in psn looking to build over time.
Well I think we’re on the move and our wish might just come true.
I would prefer steady organic rise as opposed to the sp moving very fast that’ll attract pump and dump kind of scenarios and traders.
But whichever way. It’s our time to shine and reap the rewards. Been here for a few years now and it’s the only aim stock I’ve felt so sure off and never sold a penny worth albeit being in profits with the rise and dips. Only regret being unable to add last year!! Wish I’d brought more.
First time I invested in here I compared it to Shanta gold (SHG) I traded that for a few years but don’t hold currently. Went heavy in mtl with the same mind frame as I had for Shanta. Ovb not to say mtl will follow similar sp. But the potential is there. Record gold pour from here on hopefully!!
Woah woah!!’ Not posted for awhile but held all the way long. So happy for us all. Love the update more than expected. Fully paid senior debt as well as PAID some lower interest debt too!! Welldone!! Another year or so and we’re fully debt free ??imagine what could be done with all that money with no debts!!!
Dividends.
Expand mine.
Explore
New investment opportunities
And many more!!
Personally would love a dividend at the end of debt clearance!!
Wasa I admire your positivity but honestly getting a little tired of hearing the same thing. It’s okay to let people feel disappointed in fact annoyed too with how slow this is progressing. I’ve been here for a few years now and it’s the same Parrot talk which is so draining.
I believe acp will payback handsomely but at the moment I’m so p***ed off with this mornings RNS. Why did they release it? There’s nothing new. Nothing of quality to report. I think MB should be asked to resign and someone more proactive take place. Is a sleeping duck at the wheel. He needs a stick up his backside to get his act together. The more people keep making excuses for his slug paced actions the more he thinks he can carry on. We’ve all invested with hard earned money and are entitled to his accountability.
it’s a perfect opportunity at these prices. Had myself another top up today.
Good luck,
I know Aimdeath but it’s just very frustrating lol
Sitting on a tidy 47% profit and not selling any. Will probably offload 25% post financing and offtakes.
Anyone got some recommendations for a 1-2 year hold? Just interested to see what others holding. It’s always a good starting point for further dd.
I agree but it’s just so so frustrating!! Hopefully they’re done selling soon!!
Anyone else getting frustrated with this f****r of a seller man it’s non stop to the point I’m getting so peed off!! Every bloody single time. They need to get lost and do with it once for all!!!
It’s like slow painful dripping death to the share price!!
Well no joke but I had a dream last night we had an RNS confirming we got ml!! Checked first thing in the morning but nothing!!
A little disappointed in share price movement but overall this will play out really well 6-12 months time. Really really good news. I know awaiting cu % but from what I understand it’s okay to have low grade if there’s big mineralisation. Correct me if I’m wrong?
The price drop is a little over reaction I reckon and this should slowly go back to 2.85-95 range and maybe touch 3p.
Good luck and here’s to a good few coming months.
Thank you for replying. I am an old holder off ccz from January with a slightly higher average therefore was weighing up to see whether it’s worth putting more in to bring average down if it breaks out following announcement. I missed the boat to get more around 2p With having no spare funds to average down sooner.
I’ve refreshed on old drilling results and reminded myself why I invested hereinitially. The results are outstanding stand alone from previous results. I’m hoping for positive news.
https://eqtec.com/eqtec-plc-welcomed-as-inaugural-member-of-active-net-zero-universe/