Firering Strategic Minerals: From explorer to producer. Watch the video here.
Steady - 2p would do just fine to start with... :)
and all for £30m market cap with around £8m in cash....I think a 100% return should be easily achievable here, but I know some would want a lot more than that....
BlackShepard - you can get 100% on a Covid recovery play nowadays. If you are willing to take the risk of exploration companies, then you should aim for a lot higher return than 100%, in my view. Not all AIM investments succeed/make you money, so when you find one which is successful, the key is not take profit too early. I have been adding, with a few grand left for a quick trade or so where the opportunity arises.
Stog - absolutely zero intelligent chat here. These lot are like little girls, clogging the bb with bickering
That’s the problem with Vela, it has such a low % invested that these companies need to go up 100 fold for Vela to have any significant lift. In this instance, even at £10 share for WeShop; Vela’s share will only be around £700k. Not ground breaking, but still, not a bad return.
Apologies. I misread the RNS. 100k for 75k shares
https://www.lse.co.uk/rns/VELA/update-on-investment-in-weshop-e2ynj9srtbpuqi8.html
£100k for 1m shares, so 10p per share
I have 15 months before I move house, so if this could be £2 by then pls, I’d be grateful.... :):) Anything under 50p would be unacceptable, given the time some have been holding here.
Grace - HNY to you. I’ve been around, just not posting much as there is little to say. Hoping 2021 will be a good year for Val and hopefully we won’t sit in the 20p for much longer. Been enjoying your banter though :)
There is no reason to believe Alba’s resource won’t be the same, if not higher than BlueJays. Also, Bluejay has paved the way for others, so we can piggy back on same infrastructure, lessons learned etc etc. If Alba spend some money to turn the Greenland prospects into resources, and have some good news on Clogau, this company would be worth minimum 5 to 10x current SP. I suspect they’ll focus on Clogau though, if the results come good.
So really sgs is the primary price driver for now? I guess at £8/9m mkt cap this can multibag easy on good Covid news
MathsProf - what is the reason/what do you see as the driver for your 30p target? The way I see it, this will either loiter between 20-25p or if a JV for Val 201, will smash through to significantly higher levels. So just interested to know his you’re looking at this... I am hoping for £2 at some point ;)
Any of you wise folk can tell me what the SP drivers will be here (apart from SGS which is due in May)? I have a couple of grand invested here purely onSGS, but not sure which of the other investments is seen as a good SP driver for 2021.
Can anyone tell me how much cash these guys have at the moment? Or how much is expected to come in from warrants exercise?
Wow, what a nice human being you seem to be... well done you for your superior moral values.
*Multi bagged here
JR - ok, good luck with your mission. You are the saviour of mankind, lol. I’ll make sure I give you a shout when I’ve multibaged bere
Ok, so is it unreasonable for you to let the existing investors be and stop being a thorn here? Surely you have better things to do? Baffles me why anyone would be so miserable and post on a bb/stock they don’t hold. I’d suggest you spend your time more wisely mate, time is precious.
JR - no one is forcing you to invest in any company. I’ve done my risk/reward assessment and I am comfortable with my decision, and I definitely see this in the region of £50/60m in 2021. You don’t like the company, or may have lost money here...I am sorry for you, it happens to he best of us. But let the others with a different view of the company be, and spend your time researching better the companies you’re interested in?
Happy New Year, I know it’ll be a good one for shareholders here so onwards and upwards.
*first stop is...
Also, at £12m market cap, this won’t need much to get it to £50/60m (5/6 bagger) in no time at all. Come on THR, let’s get it moving :)