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Great to see EMH progressing , ive bought 100,000 in the last week im feeling very optimistic when it starts moving it will move very quick
Yesterdays news was welcome but still some time to go before anything serious happens to the SP lots of interest in the shares on FOMO disappointed to see 3 huge sells of 500k x 2 and a 425k these will be big contributors to this board i would suspect big it up and sell on the spike.. mmmm
Hopefully not looking to raise money
Properbrutal28 I am with you totally im not as convinced as I was a few days ago regarding the imminent buy out something is very odd and simply does not add up with the volume here this should be at 8p or thereabouts one thing we must not forget this was in the 2s not long ago time will tell
For me this can only go one way any weak selling gets mopped up by our stake builder as we have seen for a couple of weeks, Revs in my home town has 2 huge bars always lively and a good steady flow during daytime if this is any reflection of future profits then this should be a good investment , still a low S.P I personally wont leave until at least 10p at this rate it shoudn't take long , im also optomistic of a buy out a great share to hold
So lets get this right , KDNC rise 12 percent on the back of EMH news yet EMH dont move so can i assume back to 6.5 when the EMH news is absorbed i will never get the hang of this ..
So at least 16 months before any remote possibility of any SP action on Amapa and we are hoping for a climate activist to win the Mexican election next time to potentially give us some SP action on Sonara and nothing going on with EMH pretty dull really just hoping they dont need to raise any cash
It gets even better my phone shows up 9.68% i thought we had been bought out lol turns out as you say 11 shares traded at 8.50 sticks the odd million quid on our valuation.. I really dont think anything will happen here for a very long time ( sad emoji )
So with EMH rising from 32p recently to 48p to buy today am i right in saying KDNC share price should go up to match our new Net asset value ?? seems a bit obvious that it should
So the lawyers have said the Mexican Government are not chasing anyone that has licenses in place that's Baconara and KDNC so we should just sit tight and wait for our share price reward our current SP is covered by our other investments , I see Sonara as the icing on the cake , we have a great portfolio all our assets will have a potential buyer , Yes its been a long wait and every day people get frustrated but that frustration has to come to an end at some point
Best presentation for a long time he explained everything no concerns from me
The moment the word Cadence is written anywhere regarding Sonara this will fly , next month will come very quickly too many irons in the fire ATM a very exciting time to be a shareholder..
Difficult to give a share price prediction in my opinion this stock has never been so investable too many big money irons in the fire for the SP not to climb multiples of 15p our time is coming , many have been here a long time all that shows is we saw the potential many years ago time to get rewarded ..
Are we debating buys vs sells its all here to see it opened 10.80 vs 10.33 dropped to 10.20 to sell then dropped to 10.15 to sell and 10.25 to buy last sell 10.02 of 50.000 and a buy price of 10.24 to finish the personally I feel it the markets were open longer we may of dropped more yesterdays rise was clearly anticipation of hope news would come today ..
So over 2million shares dumped over the last two days blocks of 190k a couple of 345 k and a 175 k should we be concerned im guessing a single holder this will only force the SP down if it continues , yes the SP seems low at 9p but is it ? im thousands down in this financial year the only thing that keeps me going is FOMO
Exactly Cartunehead no earnings at the moment but as EMH and our other assets share price inxceases so will ours I am confortable to sit sit back and wait so whats the absolute low 15p if a disaster happened or a high of lets say £1 being ultra conservative., I look around AIM most of them aren't making any money , one more thing the institution that bought our shares at 20.5 will be looking for a return that wont be 21p lets just look at under 21p as a gift ..
Agreed Lenigas was a nightmare its probably no point dwelling in the past but unfortunately some including myself lost tens of thouands through his 5p predictions we are in a great place now as a company some great assets 18p will be a distant memory this is getting in at the new lows time to get our money back with interest.
I have agree Ivybush I topped up this morning at 21.5 doing the wait and see cost me 0.50 the way i see this i have bought all the way to 30 and only a couple of days ago at 27.4 so this is a bargain i suppose with all the legal wranglings to get 20% it makes sense to avoid the legal costs and go straight for the 27% .
I suspect after todays RNS being oversubscribed there wont be a generous offering to share holders so spent my last few grand today once the 27% is confirmed we SHOULD look back and see this as a buying opportunity..
At first i was furious i have digested it now , one thing that is pretty much agreed is at 20/21 they are very cheap they dropped yesterday to 23.5 to buy they were snapped up and continued to be snapped up today so plenty want in , as we reached a high just under 28p i also took another 35k recently this tells me there are plenty of buyers that like what they see.
I have been through the last couple of weeks trades apart from a sale of 215k shares a few 100k share sales it seems there has been no commercial scale dumping by anyone in the know which is good.
I am pleased they didnt sell EMH at this stage as those shares could pay for the 49% in the future .
I personally see no problem in raising 3.5m ive alwas fancied being part owner of an iron ore plant ??
People sell for all reasons Nick so large sells dont bother me however if there were several in quick succession then run , Cmsammy im quietly confident you you will be ok for mid February things are progressing behind the scenes as our well informed posters are advising us , for anyone that has been involved in buying or selling uk land or indeed building their own home will be only too aware of the hold ups this is no different , without Covid slowing us down this IMO opinion would've been finalised a long time ago,
I personally am happy to sit tight buy on dips and take the ride lets not forget some bought under 5p NOT ME I was lucky enough to enjoy the EMH ride this stock is no different in its trading pattern ALL shares go up and down its called making a market..