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I came across Irish Dave on another share - I can't remember which one - and he started off being fairly accurate and people believed him. Then he made a prediction with an insistence it as based on good info. It didn't come off and that ruined his credibility. So the jury is out on him/her as far as I am concerned.
What's the feeling guys? More news before year end or not? Got an email from PC this morning, basically saying he hoped the RNS addressed my question to him about updates, which it did. But of course, we still have questions he can't yet answer. However, things are moving on in the right direction with discussion ongoing with a potential partner plus another prosective customer. Then there are the other silver and gold projects etc. Exciting times!!
Thanks for that Sam. I note that Cullen says he is going out to spend some time with PC. Not going out WITH him. Hopefully that is a sign that PC is already there and hopefully writing THAT RNS. I have had a feeling (big deal) that there may be some news on my shares this week. SYME released and ADMe released - not game changing but nevertheless a welcome and long overdue update. Hopefully there is a hat-trick this week.
So did I email them at the end of September about relisting but got the same response only yesterday. Better late than never.
IMO there are three possibilities - at least for the lack of news.
1. PC is in negotiation for a buy-out.
2. PC is in negotation for a JV.
3. PC is waiting for results so he can conclude sales agreements which will lift the SP and he will raise finance on the back of that through an issue or a JV.
One thing is certain, this story has a long way to go and the money is going elsewhere temporarily.
At the end of February, we were promised s drill start date which was expected sometime in March. Nothing since. We were also told a crusher plant would be available in March/ April to correct the sizing issue. I would like to get an update on these at least.
Kitty - I have no idea. I don't usually engage in SP guessing as I am almost always wrong and I look like a dick! I know what I am hoping for in the next two weeks because the acquisition will be confirmed or otherwise and then I am going to top-slice (profit-take) depending upon the SP being over...
I thought it would be a 7am RNS and Kitty agreed it was the sensible thing to do rather than have chaos throughout the day. A re-rate overnight, auction in the morning and at either a higher or lower price depending upon the contents of the RNS. Oh well, our fate is in AZ's hands.
Major rule for a journalist revisiting a subject is don't assume every reader/listener/viewer knows what it is about. You have to cater for those who don't as well as those who do. I should know. I was over 50 years in the business.
I did the same last week. I don't like cliffhangers now. Fallen off the edge a few times including in here.