The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Placing coming here very soon at 4p area
Another one bites the dust Cradle arc also out with no money on offer Expect to see this 20-30 companies in next year or so, all the dog sh@t lifestyle jam tomorrow companies will fall this next year.
Bunker hill is old news and now dis regarded, gold price up and climbing again , share price hammered down, might not make full year guidance but at 18p this is the buy area not the sell area, they have decent cash resources and an operating mine producing decent FCF, I’m a buyer again in this area, they have only tipped the iceberg of exploration, mine life will be extended, production ramped up , gold price will be up for 2019 too. Full ya boots st this level.
Love gkp or loathe it, the fact remains they have close to $275m dollar cash , net approx $17.5m a month and produce 32k barrels with production set to increase to 55k barrels in 2019, and record low lift costs of 3 bucks per barrel !!! That’s a screaming buy in my book !
Should be looking at 6’s now here maybe high 5’s , a very bad close, this will be shorted down now and is very very bad news here
I never understood why anyone would buy this dog, let alone spend £180,000 buying like Andrew Webley did , i mean why on earth would you, it’s a total pile of s””t, the management are class act morons and then we still haven’t got to the bottom of that misleading report of numbers earlier in the year that has never ever been clarified, lifestyle company stay well clear
I remember posting here that this would happen, the price action has never been right here, always wanted to tag this area, another aim failure, get your money out lads and lasses, aim shares will take your shirt if you don’t watch it !
Company is finished m, will suspend soon and all your money will be gone unfortunately !
Im not going to say any more I’ve saud my piece but there is always a trade in every share, even this pos, but just don’t get your hopes up that your going to get rich because aim is a crazy place and yes I know my risks and limits and 6p was never the buy price, the trade was 3.8 -6p the next entry should be 4.2 for 15% maybe, but ultimately this is going down again to set a new low or at least test the lows, that’s how it works on aim.
No I wonder touch this with a barge pole I have a large short position actually I’m expecting another 12% drop tomorrow too
I’m just trying to save people from losing all there money, call me a the Good Samaritan of aim ! Oh look the share just ticked down again !
Continued downtrend, traders leaving , buy at the 2.8p area , this is the sell area.
Yep they said cash resources not cash in the bank, and it isn’t criminal at all, companies do it all the time, I give them 8 weeks at most to raise cash again, I understand the business model , they spunk cash away at extraordinary rates and make virtually zilch, Aim is just a way to raise capitol and pay huge director fees 4p by end of next week easy.
Depleted on exceptional items 53m loss last year alone !
7z0 won’t even break They are raising cash now They only have circa 2-3m at hand 6 weeks left 8.5m was stated at end of June they burn nearly 2m cash a month This will be 4p by end of next week
From another person viewing the same as me that this is garbage.
Cash burn has been cut here, which shows they're in trouble - less to do and charge for in their non business. They're going from circa £22m PA to £16m PA They say they have cash RESOURCES, that's not quite the same as hard cash, cash less than a month ago was circa £8.6m.... but now it's suddenly 10m??? Hmmm. Ah yes, it's 10m cash RESOURCES. They'll need to raise well before next April - guess which numpties will be suffering more dilution?? "Discussions are progressing with a shortlist of strategic investors to invest in the project to fund the development costs to financial investment decision (FID)." What the above guff means is - they're gonna raise yet more money (obviously). The strategic investors will want a hefty piece of the company - that means your share in it - but what for, a functioning business?.... NO.... It's to fund another feasibility study before they decide whether the business is worth it - "to fund the development costs to financial investment decision (FID)." lol Bargepole