focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Not a bad day considering prior to yesterdays RNS most thought this was going belly up.
IMHO the main players wish this to continue, as so much has already been invested in the mine construction and the assets seem great as Glencore would not take such a strong stake in the company if the raw assets were naff.
I guess with the big drop in October most of the damage was priced in, and with the further sp fall till yesterday made it an attractive price to buy in at.
PS the BID is rising with each small sale. Seems MM are keen to accumulate today...
Http://pipeline.wyo.gov/AllOpcoProd.cfm?oops=ID48157&RequestTimeOut=65000&nOpco=1769
31 978 BBLs
Yes I am out at 0.55.
Banksy,
There is no evidence that the GGS is not working, by the amount of flaring that is going on - Zero.
Sad day and yes I sold out at 0.55, at a horrendous loss.
Will still keep an eye on COPL, as production was key to everything.
"In addition, market soundings (as defined in MAR) were taken in respect of the Placing with the result that certain persons became aware of inside information (as defined in MAR), as permitted by MAR. This inside information is set out in this Announcement. Therefore, upon publication of this announcement, those persons that received such inside information in a market sounding are no longer in possession of such inside information relating to the Company and its securities."
So, sounds like in the last few days when soundings have taken place about a placing, news got leaked and hence the selling over the last few sessions.
After releasing this RNS now nobody has inside info.
Do we expect a placing RNS soon. And at what level.