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SmoothOperater
Posted in: AMG
Posts: 1,466
This is going to be a big mover
Our share structure is oven ready to go. Due diligence/legals/circular/shareholder vote /prospectus/fundraiser and we'll complete the RTO within a relatively short time frame. IMO Maybe, it will be do not pass go and straight to mid-cap ...
I'm not concerned about the current price in the slightest, just wait for the news flow to start and it will leave this price range forever.
The potential value is far higher this time, looks like it will bypass junior minor and straight to main market mid-cap. Future share price I doubt will be anywhere near here. IMO
It would only require another general meeting and another shareholder vote, to issue more shares. I went to the AGM and I'm very excited about the future.
Should go back to 40p area like the last time there was an RTO in the air
The profit is in the valuation they give AMG for their shares, they have to actually get this one over the line, but they won't be valuing AMG at £1.37 million, it's going to be in double digit £millions. IMO
If they get this one over the line, it's going to be 7 to 10 bags from yesterday's share price. IMO
Chadwick delivers another opportunity on a massive resource.
AGM tomorrow, we'll find out if something is brewing there.
Posted in: MSMN.L
The rig team is back on Monday, so hopefully the rig will be moved and the next drill will be started next week.
Happy to let it all play out and keep averaging in a bigger position.
Over 20% below the latest placement price, shows real value. Rig delayed by a week and we're halfway through it now.
I've increased my holding, couldn't resist.
Only have to wait a week for the rig to move.
Balance sheet improving on expenditure and income.
Nice windfall going into the next drill
You can buy today 10% below the latest placement price, it's funded going into the next drill... Doesn't sound like I've backed the wrong horse...
£54k sold £54k bought worth of shares traded so far today. Happy to see sellers getting out at this level, short term traders mainly.
Nearly double the volume of buts to sells, clearing out them out gradually. Looking forward to seeing the drill commence and more positive news.
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