Ive got a 6 fig shares here. Although the SP is disappointing the divi and performance is good. Long term dept will be banished. We can accumulate cash. Fag packet calcs - 10 years we could have cash = current mkt cap + yearly divi's + chance of a good JV purchase in the mean time. Obviously I expect metals to trend around these levels +/- 15%
Exactly what I was thinking by flagging up 2 creditors, he has bought time. I also think JM has RNS'd what he can to apply some leverage to those dragging their heels
Another 3 months until we get the full picture by the sound of things. Lets hope the SP does not take a 3 month break
RE: Latest ECR Video - Victoria property acquisitions14 Sep 2021 11:55
"I've also been wondering for a few weeks about the reasons behind such a rapid pace of "development" that seems well ahead of confirmed drill data".
Of course they know more than they are letting on. You would not say you've got x£M of gold on your land then offer £ 000's. Not sure about others, but Im watching a very positive story unfold
Makes me laugh Why the hell would you buy shares in an exploration company, then fret about them spending anything. Not only that, this is good use of capex Come on guys, this is real world
"PMUR have been sellers today and CANA has just been selling again" Lets hope we dont have some forward selling going on here. I do get suspicious with this type of activity,.
So, the hints were there from earlier interviews. They know more than they are letting on, from sure. Quietly securing what they need to build the 2 mines, before releasing further info Great work from ECR
CAML also need to work harder on releasing more value. We have significantly underperformed other base metal miners over the last 12 months. Our SP should be North of £3. This really needs to be addressed by the CEO / BoD, that is the challenge.
looks like a money pit to me, if £2M is buying 0.5MW, we will struggle to make any cash. Big cash injection required, possible dilution. Not sure I will be adding to my small holding
The reality of the moment is market sentiment pure and simple. Think we all agree CAML is well run, very profitable etc. The only thing we lack is a growth ingredient to really propel the SP That does not alter the fact we are dirt cheap and have not actually kept pace with the big boys on an SP basis
Some people never learn....buying high and selling low. Then come out with some **** and bull about selling low hoping to buy lower. not to mention the spread either way...Doh