Todays placing9 Jan 2019 13:57
So we placed a further 291,666,666 shares today, and from level 2 I calculate there were buys of 79,533,333 shares bought which equates to 27.23% of the placing. So nearly one third sold on in one morning !! A tidy small profit for the finance provider, but a clear signal that somebody thinks that these are still a bargain at circa 14p-15p.
This is almost laughable at these prices and the place has got themselves a massive bargain in my opinion. If we receive mine license approval/s (which I expect fairly soon) then I am genuinely hoping for a minimum 10 bagger by the time operations start, and multiples of that as the project processes.
Remember, a 10 bagger would only value the company at just over £30m. This could and should hit a market cap of £100m + in the next 2 to 5 years. AIMVHO GLA