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The key with Ajax is to establish a solid position before the anticipated news flow begins. The stock has a low number of shares in issue and a clean corporate structure, which means it can move sharply on limited volume. It remains largely under the radar for now, but once material news is released, I expect a rapid re-rating to the 20–30p range. If I recall correctly, the director mentioned in a recent interview that the company intends to transition to the London Stock Exchange main market once it reaches a £30 million market capitalisation.

I topped up last week. At this point, I'm only holding three positions: Ajax Resources — an underrated gem in the sector — this one, and Marilo Mining, which I plan to offload once it's out of suspension and buy more here and Ajax on aquis.

Aimanalyst here’s an interview the director did 3 weeks ago I added more shares after watching it. We are well under the radar right now maybe because we’re on Aquis but that suits me I can keep buying shares without the share price moving yet.

https://zakstraderscafe.com/interview-ajax-resources/12234/

Totally agree — this is absolutely relevant to Marula Mining. Missing the 31st July copper delivery deadline at Kinusi just adds to the growing pattern of delays and shifting goalposts. It’s frustrating to see the same cycle: missed timelines followed by vague new “targets” that seem more like distractions than actual progress.

That said, I’ve been shifting focus recently to Ajax Resources. The fundamentals look far stronger — clean project timeline, tangible milestones, and a management team that actually delivers. Definitely worth a look if you're getting tired of the endless rinse-and-repeat from MARU.

I think we just need little patience here I’m not saying the price is going to fly but enough to get out of suspension so we can get our money out.

The big boys are loading up more shares into their purse. tight structure now and on good news this share will fly multiples very quickly.

Yes the company hasn’t delivered but I disagree anything sinister behind it. Tbh I just want it to come out of suspension so I take my money out of here and build a large holding in Ajax resources.

Unkwn why was it purposeful?

Maybe we can make an action group and get more honest answers?

I guess my money is locked here a little longer. As long as I get out break even I’ll be happy. On a different note at least my Ajax resources shares are doing well since listing. Think that one has decent legs on it several bags from current price by 2026.

Thanks for that Tom, RNS did not show up on my alerts. I am sure if we were listed on the LSE we would most likely be sitting at 15-20p by now. Hopefully we will once our market cap hits the magic £30m.

Thanks mate appreciated so nothing for a while and money still locked.

Has anyone heard any credible updates on when Marula’s suspension will be lifted? I’m seriously concerned about the lack of transparency here. It’s been weeks with no audited accounts, no detailed explanation from the company, and barely any reassurance for shareholders. I understand delays happen, but the silence is starting to feel unsettling. Is this just an administrative backlog, or is there something more serious going on behind the scenes? Would really appreciate any insights from those closer to the company or with experience in similar situations.

Been a long term holder here where do we see this in the near term let’s say December 2025?

TKIA what do you think the time frames are going forward?

They know it all

Agreed solid update from AJAX. They've done exactly what they said they would—closed out the Eureka acquisition, exercised the option on La Escondida, and picked up La Norteña on decent terms. That’s now a large, contiguous licence package in a proven copper-gold belt.

Funding sorted, drill campaign funded, insiders participating. No fluff, just steady execution. Still early, of course, but they’ve positioned the company well ahead of the first drill results and maiden JORC work.

Plenty still to prove, but the structure, pricing, and scale of the project give this a very decent shot. Now it’s about delivery. I’m loaded up so let’s see where this goes.

Once the company is listed on the Oslo Stock Exchange, the increased liquidity and access to institutional capital could significantly enhance its valuation and drive the share price to new highs.

This can hit 10p very quickly. You’re correct Holyroller the structure is very tight and I didn’t expect Aquis to move this quick.

It looks like the CEO is successfully attracting early investors ahead of the anticipated JORC report, or perhaps the market is finally starting to digest the significance of his recent interviews. Either way, the price action is highly encouraging — we’re seeing consistent daily gains of around 15%, which reflects growing interest in what remains a very tightly held stock. With such limited free float, I believe that as the investor base continues to expand, the share price could move significantly higher — and potentially very quickly.

Something is brewing for sure