George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Getting closer to my breakeven of 0.7p. Not a bad recovery after being at an average of 1.2p before the rights issue at 0.25p. A nice continued steady rise will do for me. 1p by Christmas would a huge turnaround. Many others need 2p+ to breakeven..
Just need this new team to dip their hands in their pockets and buy a nice chunk between to show their commitment and belief in turning this around. That could put atleast 50% on the share price.
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A few of us anticipated this being the last week opportunity to buy under 10p. It appears to have happened a day early. Hopefully a little further tick up to 11p tomorrow sets us up towards a further rise next week. We just need some of the new directors and CEO designate to put their money in and buy some shares to catapult this skywards.
Do not be surprised if lending starts again from mid December. They have stated 2021 but if they where to change this the share price would double overnight. If your thinking of investing or topping up this could well be the last week at single digit price. ATB LTH and new investors.
Are people really waiting on a 20p payday? This is taking a longtime to shake the cobwebs but once lending starts and some indication of the cost of the pay outs this could be be £1 share again in 18 months. I am happy to continue to hold until its atleast half way there before I take any money out. This could well be a solid 5 year hold for free if you buy in below 20p and hold until its 50p for instance. No doubt some of us that bought and average in single digits could do the same at 20p+ but I think there will be some regret if it continues to climb.
This is now looking even better for a long term hold. I still think JB will buy back in at some point and would welcome them as a major shareholder but I think it is going to cost more than 20p a share. This could be upto 50p by year end if lending has restarted and claims are deemed in the majority as being fake.
I think this is to make it far easier to allow a takeover. The BOD will all get a golden handshake and we will see an offer for 15-20p a share. Hopefully JB will then step in and make a counter offer at 25p+ to try to take it back. We might yet get what we wanted.
They want you to vote against all resolutions including making Gary Jennison a director yet they want to install him as a CEO? The way it is worded is that James Benamor will be a director but they are blocking him from being a CEO.
Ballard power systems. Bloody predictive text.
Those talking of hydrogen fuelled vehicles take a look at Bldp, Balkad, I invested in them earlier this year. I see them being bought up by a vehicle manufacturer within the next 12-18 months. They power buses, trains and also launched a system for ships and ferries.
Mark@1973, there is maybe nothing to stop the board accepting the previous offer that was on the table. How do we know that they have not been waiting for JB to fully sell up before offering 25p a share? JB has committed to a vote but they could add that they want a vote on a takeover at 25p and golden handshakes all round for the BOD? It would be very under hand but who knows.
Expru, Casper is right JB did state he will buy up shares upto 20p each and look to purchase upto 29% by a set date once he wins the vote to become CEO. He has also stated he will walk away if he doesn't win the vote. I think he will win the vote but if he doesn't I still think GC can rebuild the company anyway but it will be a slower process and I do not think he will take it global like JB.
Seamus is correct after yesterday's 1% sell.
Havilland, you slate it when you want to buy back in at a lower price. You then push when it's moving. You slate those that are positive when you want back in. You are a joke. End of.
Havilland, your as bad as the so called dampers.
People only have to look at your own post history to see that.
RE: Close of day figure.....24 Aug 2020 16:31
Amigo does not have 10 years in it.
Administration by 2021, if not before.
IMO.
Good luck and Adios Amigo.
I see 0.4p before end of month and who knows it might happen this week
Nomlungo, what do you expect with covid halting actual operations in hospitals??
Some may now see this as investable. They are definitely turning a corner with getting this company within 12 months of potentially making a profit. Perfect time to invest. Some of us LTH where stung on the cash raise however anyone now looking in can now see the huge potential that is not that far away.
With JB involved I believe this will grow successful quicker and if JB loses vote and walks away GC I believe will also make a success but it will be a slow burn through specific corporate governance and I think he would stay inside FCA guidance. JB wants it out of FCA jurisdiction which to me will help improve margin massively. JB has gave us this opportunity so his plan gets my vote.