focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Correct me if I'm wrong (which I may well be), but doesn't the fact that they've got £912,997.26 in cash, no income or other assets at present, and 48,183,344 shares in issue mean that currently these shares are worth 1.9p? Assuming they make an income producing purchase with good exploration potential they could increase but other than that surely 3p is overvalued? Opinions welcomed
Not to mention that if they do run short of cash they could well do a placing at a much lower price... just look at XTR yesterday. 50% wiped off in a matter of minutes. Anybody investing in this just needs to be aware that it is a gamble. PEL licence granted could see a huge rise, but other factors could see a large fall too. AIM is a casino... how's your luck? DYOR and don't invest what you cannot afford to lose. Trust me I learnt that the hard way... Proxama!
Just a few minutes ago... yesterday's great news has interested someone...
...and people are selling??? Madness. Great price to buy in bearing in mind this peaked at around 75p only a few days ago.
They've been granted planning consent to mine for gold in Norther Ireland... the only company to do so. They suspended operations in 2013 due to a lack of cash but re-opened the pit in Oct 2015 and now, due to the recent 2.5m placing have the cash to mine the gold. All on the company website
Pump and dump would have more people piling in surely? My guess is leak
Stop,loss set. If it flies I'm laughing...if it drops I don't lose much. When the herd arrive this will fly...
Sea of blue...
...
Looks that way... I've been watching since 6.5 and every buy pushes the price up. Imagine when the herd arrive...
Recent 2.5m placing completed for work to start at a lucrative gold mine in N.Ireland
600k bought at 1p, then 2mil bought at 0.93 on the dip. This is gearing up for another breakout
21.95% rise for no tangible reason???
Whole screen blue. Nobody is selling. Understandable considering that in an hour this may well have doubled
This is huge news!!
You did. I did. I also told people. Some way to go yet though... still a bargain at this price.
buys... not bugs!!
Yep... all blue on L2.... loads of bugs going through... should rocket from here...
...this will be getting a lot of attention this afternoon now! Time to get in before the uplift