The firm, which had £2.2mln of cash in its coffers at the end of June and topped it up with a £4.1mln fundraising later in the summer, said it will apply the insights gained at Havieron to accelerate exploration at its other Paterson licences where it hopes to find tier-one gold-copper deposits.
We are seeing good results from last year's fundraising. Long may it continue .
I am beginning to get p**d off with the lack of communication. All very well talking up SOLO with wonderful things to come but its about time someone levelled with the PIs We seem to be fodder. Hot air from Africa can generate heavy rain and storms across the Med and that just about sums up their choice of name. Talk to us. Is there really any compulsion to resume trading? Oh but negotiations are at a very delicate stage and we can't say anything , that's not good enough.
Because its AIM penny dreadfuls and that always happens after a spike especially once the locusts swarm in. Autotrading is such a feature generally that its almost inevitable. I have only ever experienced spikes that turned into a bull run after a few drops and made a fortune in one day buying and selling (by hand as it were) and I've always been disappointed trying to repeat the challenge since.
It'll drop just like last time and the time before but you will kick yourselves if you make a hasty exit because it is always difficult for the PIs to get back in again and make much. Not really worth all the worrying about getting in out or sitting it out
Share price leak, nope its just AIM . Read what you like into spikes and dips usually no rhyme nor reason apart from Zak bigging it up on his Share Heroes of the week. Its the lemming tendency but they tend to take profit and move on to something else. Let's hope they stick around on this occasion perhaps make it last till the end of the week but I doubt it.
Yeah Owlo there is that as well. I really can never get my head round WHY mid price is taken to establish buys and sells calculated purely on the trading price and nothing else. Seems a bit antiquated way of calculating buys and sells when based that way I would have thought in this day and age whether transaction is a buy or sale could be recorded instantly. Then of course no one really knows how much the brokers have on tap to sell. It really is all a black art disguised under a veneer of mumbo jumbo.
Yes its sentiment alright coupled with the fact that Greatland are doing OK with their discoveries. Probably an element of thin trading as well. Perhaps Trumpies buying a few on the side before he announces his next adventure. Trades never really present the full picture anyway, dark pools and many other aspects that PI's never get to see the full picture.
MTR has promised much from the early days but delivered comparatively little for most shareholders. That's the name of the AIM. That's why they go there, to raise money for projects and if they promise more than they deliver (bear in mind these are long term projects) sentiment drops and SP drops. That's the whole purpose of AIM to raise money easily for the minnows. I don't know what the success rate of AIM companies are but its pretty low and many go belly up. Hopefully this isn't one of them.