as predicted, tree shake to shake out weak holders. It'll come back later, you'll see. Djeno expectations will drive this into the 20's before end of week.
I’m very excited about the prospects here. However, expect shenanigans from market makers in the morning as they try to shake the tree before the inevitable mid week rise into the 20s. I wouldn’t be surprised to see 13 or 14p on open but after a volatile first hour the climb back will begin and maintain for the rest of the week.
My message - don’t sell on any initial drop folks. Hold onto those golden tickets, grit your teeth and you’ll be handsomely rewarded later in the week. HOLD YOU NERVE!!!
Yep, looks like a good solid update to me. Net debt down to $250m and $15bn tendering pipeline are nice highlights. Also, Asfari happy that core divestment strategy going to plan.
It suits PFC's balance sheet to have a weak pound because it earns it's revenue's in US dollars and reports in GBP. So, a weak pound has a beneficial effect on PFC balance sheet.
I can’t argue with that. Just look at what happened to Wood Group share price on a good set of results. Yes, the price is historically low but I wouldn’t bet against the market makers taking this down to 4 quid unless the results are stellar or accompanied with a contract rns.
This board is a carbon copy of the Chariot board in the weeks leading upto the Morrocan duster RNS that sank the share price. No news didn't mean good news there.
All the same arguments and conjectures then the duster kick in the goolies.
This isn't your typical AIM oil explorer where your waiting/dreading the duster RNS and oil always seems elusive. We KNOW the highest quality iron-ore is sat there just waiting for the shovels to arrive. Better still, the pelletisation is proven now and gives a huge value boost.
Huge upside potential and extremely limited downside risk (the ore isn't going anywhere is it?)
Relax and enjoy.
Zioc is now well and truly IN-PLAY. Sit tight and don't let the market makers have your golden tickets on the cheap. This will be over £1 by EOY. Don't be surprised to see Glencore reveal their hand suddenly with a share swap offer.it won't be 1:1 but could be 2:1 Z:G. That would put the valuation at roughly the IPO price of £1.56
No-brainer strong buy and hold tight. Huge developments to come in following weeks & months.