EUA dropped a monster RNS last night , there will be millionaires very shortly looking to invest elsewhere, I noticed a few guys on here cross referencing FAR on EUA board last week . If EUA get their FSP soon expect some of their money coming here
Haha , you kind of expect the YouTuber to be a big time Charlie or something ! He even said he was down on his initial investment. The water treatment thing seems a bit cloak and daggers from both sides to me and would help if it’s all cleaned up ( no pun intended ) but as long we complete the test burn before any court rulings it will sit a bit easier with me
It’s the timing which stinks for me. Sentiment was high and driving the SP but not anymore, the brakes are on. Some people bought in late 30s and 40s and were duped by the likes of iceman and co on their shameful ramping of ‘ £1.20 ‘ by next month chants . He said he bought more at .37 , what a clown.
A floor may have been formed but so has a ceiling
It may be only 4% Evan but it damages sentiment which is never good . No wonder ppl sell after rises when companies pull the rug so soon after building up SP. like I said , it’s the kind of thing crappy Aim shares do which makes then untrustworthy
Hes probably a leaderboard trader . Doesn’t bother researching companies with potential but only looks at risers of the day to jump on. Trouble is , 9 times out of 10 it’s already to late . Then comes onto bb trying to deramp to bring SP down, a complete utterly clueless investor.
The boat hasn’t sailed yet so you can call it the 1 out of ten that will still multibag from here .
Bet he put some in FUM too haha
Ferro is trading on the Main market not aim .
The SP has quadrupled in 5 trading days but it’s still under the radar as there has only been between 1-2 thousand trades per day ( ARB and PHE were hitting 15k+ trades daily on their rise. Stock is low and demand is very high . SP closed in auction yesterday.
If any company was to take over FAR it would be VBR. VBR is a shell company that was founded only a couple of months ago through an IPO. A shell company doesn't own anything or produce anything and its sole purpose is to either merge with a company or buy it out. If the shell doesnt achieve either within a 2 year period, by law, the money it raised goes back to the investors.
Mick davis formed a SPAC back in 2015 and raised $5.4 but he failed to acquire a single company within 4 years so the money went back to its source.
Im not saying VBR will leave FAR high and dry but it has 2 years to acquire a company other wise it will cease to exist just like micks other SPACS.
The shares VBR purchased from FAR are kind of a insurance policy for them should anything go wrong as they would be cashed in if they fail to merge or acquire.
So yes, FAR are likely to be bought out in the future but most likely by VBR
thanks for the video share sp28
the interview was very informing and give short to medium term timescales on activity. the part i liked most was information of the current explored orebody to the future ore body which is yet to be explored. the current NPV is only the based on the one ore body which was shallow drilled ( its still the biggest deposit in the world ) they have 4 other zones which they believe contains more ore body but it is even bigger than the current deposit. It will take many many years to drill and explore these sites but you can you see the potential for this mine in the short-medium and long term. Long term it will be colossal