Was not aware of AJAX and looked into it and bought a position on the back of the below tweet and following research into company and developments, which look very promising. Time will tell, but we all know that the upside for a small cap can be significant with the right deal and funding. DYOR https://twitter.com/Borg74/status/1618847319268675584
Just added 300,000 shares, no one gets the lows but I like the fact that we now know that we have £32.4 mio cash, against approx £38 mio mcap and a 16-21 mmscf/d production. Time will tell DYOR
I’m, as probably many others, keeping an eye on this share and holding back as I suspect a raise will be needed to fully fund the upcoming drill, what do others think on this matter? Thanks
Lithium is very much in demand so the new Irish licenses could prove valuable and lead us to sell down part or farm out in time as done with other mining assets. I can’t wait for the licences to land at some point, which will really ignite revenues and the share price. We have the borrowing facility so we know where we are on that front, might even add a few here. Dyor and let’s be a bit more patient.
Agreed amin0406, the 'champagne on ice' statement will be with us for the rest of our days. He seemed a genuine person and I think he got carried away and should have not made such comment. BCE is a much more conservative company and I'm sure will do well over the next few years.
Let's see if TM1 do the same which in turn could bring new Zeus clients into TM1.
(AIM: MATD), the AIM quoted Mongolian oil company, announces the appointment of Zeus Capital Limited as Joint Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.
Very interesting post as usual. Clearly loads of investors are on the sidelines and will jump in on, hopefully, good news. A bit more to wait, but almost there.
Nothing unexpected as we know the terms of the financing. I rather like the fact that the company decides when to use the £500,000 tranches and avoid a massive initial dilution and expect as mentioned in an interview by our CEO for some more to be used once the first licence has landed and we need to buy the large size feed stock. Let’s continue waiting and hoping that the licences do finally come.
Bought some at 160 as agree with others that it does look very interesting at these levels and as we know funding has already taken place, time will tell.
One of my largest positions, otherwise I would add a few more at these levels. Once the license land this will trade much higher and people will scramble to come in, no one knows when this will happen, but it will and we also know that the purchase of 100% of Recyclus will take place. Funding is in place. Let's sit back and continue waiting. DYOR
Others here probably understand charts more than I do, but look to me that we have broken out and could be heading towards 40p next. Let's wait and see.
The section which is key for me is: 'meeting a number of the leading large pharmaceutical companies to introduce the Company and present our programs'. Clearly there are risks, but fully funded and low mcap provide a massive upside potential. I'm holding and waiting, time will tell if I'm correct. DYOR