George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Ok... but the company used to be listed and we now have more value than then, so why not? Why not have them blue days each rns release etc...? Each time more investors seeing the company on the risers board etc... becoming intrigued.
I’m sorry, but this isn’t going to go mainstream where every average person gets tally. This will mainly be people who invest already using this product. So those people will likely know what’s happened here and like me, might refuse to download the app and use it for lack of trust.
I don’t see this taking off until back on market, the word spreads and trust restored.
Misjudging how long it would take etc... to get product to market has no relation to getting the company re-listed. This should be back by now. No excuses. When it first suspended everyone knew this product wasn’t going to be finished within that first 6 months yet they implied it would be back within that time. It’s not related. It should be back so people can buy / sell and fair value etc.. not just sat there paying wages out of our share capital.
My only hope this is genuine is I still feel they personally earn the most from a successful re-list and growth. Who knows.
Exactly that. It’s either pay big wages out of our share capital until go bust and make it look legit or they are genuinely trying to get this back to market. After x amount of time there is no excuse and the answer is obvious. As black and white as that for me.
I just don’t understand how they can do what they have done and not be accountable in some way. There is no excuse to not relist... people making excuses for that are talking cr@p! I’d rather this relist and be worth 1p and the chance it could go to 5p than sit here wondering if I’ve been scammed. Not only that, every rns might offer a trade. The whole wait till the product is better talk, we’re further down the path now than we were back then so there is no logic to that
Has anyone contacted the FCA to confirm whether this was an enforced delist or a voluntary 1 based on the rules?
That’s what I meant by agreed.. I haven’t understood this correctly. Defo not a trade for me.
Agreed... I was hoping to find something that mimicked the $1 back up. Guess if it was that easy everyone would do it.
Thanks for the responses
I personally think Solgold as a whole gets bought out. All the other concessions don’t add much value currently. Why would BHP pay all that money when for a tiny bit more get the whole lot and plenty of potential with it. I just don’t see summit like £1.50 a share just for cascabel, be the whole company.
Thanks for responses.
Am I missing something here... the price has dropped from nearly say $50 not so long ago to less than a dollar? Surely even a 40% recovery is a big earner long term.. I have no clue about trading oil..
Anyone know how you invest in the oil price recovering?
Not the spread betting... like an ETF or something that mirrors the oil price? I can’t seem to find anything on HL
I’ve completely misread that post and the person who I thought sent it ha ha my bad, ignore.
I’m not bad at math being an accountant. Erm... the only person to be ridiculed is you mate. The stock isn’t up, it’s down. So you think BHP pay 41p a share as a complete gamble and wasn’t looking for a return on that price? This gets sold you think it’s going for 15p do ya? Fair enough, we’re quite far away from realising the true value but this is not overvalued. Politely as possible, you need your head checked
how do you figure that though? 390 mill Mcap. We have been double that on a fairly unproven resource at the time... so much has been proven up and verified by a 3rd party. 390 mcap to 58 billion a year revenue... how do you make that decision? Huge gap to close in a positive direction.
I see the angle of trying to ensure enough time to prove it up as much as possible prior to a bid... but if they hadn’t put that stand still in, price would have remained higher for longer, and that 25p placing that decimated it down to 20 would have been much higher also.
I remember that Marl going for over a pound, they were always fairly similar to us price wise before we jumped right up. What was their resource like compared to ours? I didn’t know much about it.
It did harm it though. The price was in 40’s and that move ended the anticipation of a takeover. The biggest mistake was, this 1 I’ve never been able to get over, was the 25p placing when we were cruising in 30’s. Ruined the share price to the 20p level.
Monster rns! Can’t help but wonder where the price would be pre CV19 with this news.
Still think this is getting taken over but for a much higher price now. De-risked a lot, Defo appeals to more suitors with a lower risk appetite and hopefully a nice bidding war!
If this does go all the way, some very juicy numbers there
Good luck Cookie
Or maybe they’re trying to provide a service to all the people stuck at home twiddling their thumbs! You ever stf up?
Could argue with ya self ffs!
Where I used to work, top ups were processed manually. DD’s were automatic.
It had a lot more volume than this ever will. So maybe not so strange for a company this small.
I still don’t see any good reason for this to not be listed already. We may have had a very good blue day with these app releases.
Don’t believe this will go main market either, would have thought you would need a much bigger market capitalisation than what we had. Pretty sure you need 50-100 mill just to go on the aim100 or whatever it’s called.
Jury still out for on this. 1 hand, things are getting done. Also could just be covering their tracks to avoid fraud accusations whilst pocketing big salaries. Even big MJ has most likely already recovered his investment.
If there was any truth to what he said, he wouldn’t have mentioned buying in at various different levels if he knew some sort of very bad RNS was coming. Complete bs.