Sea 7 Cameron Parry already estimated the price of re-admission would be in the region of quarter of a million. Hence the £240k warrent conversion. Your figures are guess work im afraid.
Thats investing mate, if this had everything complete, funding lined up and infrastructure sorted it wouldnt be 2p a share. I assume you looked fpr a short term investment otherwise this is a good opportunity to top up.
I think GH is genuinely an excitable guy, I don't think he ramps to churn out placing shares etc. as some might say... I think he looks to succeed to the benefit of all involved. as A CEO you cannot run a company for the weekly traders or the SP watchers. He's building a portfolio of successful projects and over the long term this will be far away from 2p imo. I don't think we'll ever see 0.5p again. here's to the EG results I'm really hoping they're great and the market reacts accordingly. the next week or 2 will see pressure from day traders selling if we don't get the news so wouldn't get too concerned if there's a creep down to 1.15p (ish) short term.
Try not to be that guy its quite civilised in here (for lse) getting the price down for ur own agenda..."can continue to engage with third parties who have expressed a specific interest in the project."
I hate when people on here say CEOs doing nothing. Im fairly confident he's not sitting on Facebook waiting on drill permits. Just because we dont get a daily blog doesnt mean no5hings happening.
Noticed Align Research trolling blueJay mining on Twitter with uninformed, misleading posts over the past few weeks. This lot are not to be trusted imo. Manipulative and self-serving.
it's hard to get excited about anything coming here tbh. deadly silence as always. If they could just sell 401 for 200M and get it over with that would be appreciated :I
This was always cheap. I only started buying when I saw it hit 1.7p last month. Must be a good few big investors fancy a punt at this price especially since were in a unique situation were news is coming and we know ahead of time. Heres hoping theres not a sucker punch...GL
Trading had been suspended on ASX (Australia) due to a new difinitive feasibility study being released. Hopefully commence trading tomorrow and good news with it.