The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I'm not saying that would be the reason given but I could imagine a way could be found to include the Assay results in an NDA legally with the resulting decline in SP being a happy "accidental" knock on affect.
If I was AA and wanting to get a good deal I would get any good news I could under NDA to drive down SP and so make a low offer more likely to be accepted by the share holders. I would happily take 25p now although previously I was hoping for higher (and I say hope, not expecting)
I feel that this is a too optimistic take on the situation but it is certainly a scenario that would make sense, other ones of withholding the results or not having received them all yet and being released as a whole full picture RNS I feel are more likely but my heart is obviously drawn to the early offer scenario.
I don't know if it's good news or bad but this is now odd. I'll patiently hold my shares for news, things will happen before the end of the year so I'm not too worried as I think there will be chances to exit at a small profit this year even if the news isn't as good as expected.
Better sell up before all that hits then......;-) Wasn't going to look at this share until after Easter but got tempted back by the RNS releases, excited that none were about Hole 6, I wonder if todays was just away of telling us that Hole 6 is going to be really big as this information could easily have waited a day or 4 (with the bank holidays)
Personally selling my none ISA XTR shares at a bit of a loss to move into my ISA helps get a little more tax free profit but not going to risk selling now to buy back Tuesday.
Well I did my final top up at 5.7, think it might drop lower this week but as I'm hoping for a sale to hit 30p+ per share timing the bottom of the dip ain't going to make too much difference.
Off not to think about it for a while. See you all next (tax) year. GLA
They stopped drilling because of the weather, I think they were at 250-300 so that would only make the hole around 600m at best if RNS released on Monday, I thought the hope was for a bit longer than that. I would think Friday for hole and possible RNS news. We'll see though, I'm holding out for some sort of buy out so SP is only relevant in the 'should I buy more' not thinking about selling. I want it to go higher so I stop thinking about buying more rather than I will sell if it goes up.
Hottesttony's truism love continues! You can't be wrong when you aren't saying anything. of course it's low for a reason, the reason is shares aren't being traded at higher prices. That's as far as Hottesttony's insight will reach though. I'm pretty sure it's just an Ai troll it's so banal.
I think the SP might well drop next week, reason being no news is likely to come and most people who are excited about the stock are already bought in and no news to grab the attention of those not yet aware, so there will just be people hoovering up the small qty sold at drops (like I plan to do) I predict around 5.8 until Wednesday next week when fear of missing out starts to kick in rising until the next RNS. I give my prediction as much chance of being right as being wrong and in the longer term irrelevant anyway. Just want to make my final buy so I can stop looking at this stock for a few months!
That's the risk/reward that AA might be thinking about though, buying at fair market value 2mt but getting 3mt is one hell of a deal. They have all the historical assay data and their own models so will surely be doing their own modelling with each new hole assay released.
I would be surprised if this is concluded before the end of the year but someone did mention speaking to CB and the summer was a considered timeframe with just 3-4 hole in phase 2
They (the derampers) also appear to have timed every peak just right as well (according to themselves) by my calculations it would only take a month to make X10 their investments so must have made several million by now.....
As nothing has changed, probability of this being sold remains the same, I'm very tempted to put some more in
Hottesttony, somehow I missed filtering your insights, with such past wisdom imparted as "today SP is low but tomorrow it might be higher" You are right up there with Iceberg when it comes to the details of this project.