Member Info for Sharequests

I’m very good at buying spikes apparently ??

What is everyone’s expected prices for this. Obviously they have a lot of income now being generated, and maybe more with follow up jobs. People here saying 6p this week but what about long term? If they can generate these kinds of numbers every two months or so, wouldn’t this potentially be 20p in December?

Ffs couldn’t get through on broker till 2.2p! This better keep going lol

I’ve read a lot of hype for this But what are the basics of the company? What’s the reason everyone is here??? Read a post on Facebook 2 minutes ago about it so not read anything else yet, just interested.

Welshy I didn’t think you were old enough for dads army quotes!!!

Seems to be creating generational wealth. Should be promising if he’s trying to set up his whole family.

SSS it's off the market type deal. Dmitri is opening his own firm and has mentioned it'll be a £50k minimum buy in for investment in the company. Too much for me unfortunately, but there are a few of the regulars on that board who have said they're going for it.

TXP still worth it?
I was looking to go into EUA and WCAT more heavily after dividend/sale.

For those of you who were discussing a while back about Dmitris future venture involving palladium backed crypto- have a look at WCAT after this sells up. Same idea but oil backed.

No going nuts about crossramping! It's how a lot of people found EUA ;)

Think this will just build quietly until they start trading crypto. Massive potential but more advertising needed I think. Most of the guys at EUA are looking at buying into the directors next project, which is basically identical to this but with palladium backing the currency rather than oil. First movers move further though so they will probably be interested here when it goes mainstream.

Very quiet board this one. Not much excitement for how well it's getting on.

Hi 8ead, as JFrake says, I do mean AA. They are looking to raise $15bn through share sales for something. It could well be a mixture of assets they're looking at (I know EUA jumped massively on the speculation its for them), however, since they're already in talks with ARCM it would make sense that at least some would be earmarked for here.

Marco, that at least makes sense. I still think that is a very small price to be paid. Especially when they have announced they are raising £10bn. In 2009 copper wasn't in such high demand, it has been made clear to the world now, that China will be using all the copper that can be produce in the coming years. I would see this as massive leverage for the seller to push the price up and sell for an amount they are comfortable with. Along with the Chinese company that has approached with a potential offer as a fall back plan if AA don't offer enough.

Not sure how a lot of people are estimating a 25p purchase price. Wouldn't that just equate to £262m? They are trying to raise $15bn which is about £10.5bn. Would you not expect at least a good chunk of that to be for a purchase- i.e. £1bn making it close to £1 for a purchase of the whole company and mine? Even then, with the volume of metal in the ground along with the massively rising prices this would be a bargain for such a large company to acquire.

Whisky time! Bring on 1.5p

If they’re looking to raise $15bn, surely that is too much for a purchase and too little for purchase plus infrastructure? Would it more likely be a jv followed by throwing money into infrastructure, if so what percentage dividend comes this way?

Pretty sure AA is in the middle of a deal with arcm just now, isn’t the money earmarked for them?

Easily bought £6k worth, just depends on the broker......

Would have thought this would jump more in the news of the new appointment. China have announced a crypto Yuen, this guy advises on it, wcat is getting into crypto and have his new attachment. Next step, surely , is a contract with Chinese government!?!?

Managed to buy at 186. Hopefully let it jump a bit soon to cover the paper loss :(