Double digits again!! |
Re-rating underway |
EEE now headed towards 10p+ |
Anyone thinking 'AI' can give a definitive assessment of a miner must be deluded. It'll be weighted by the rosy announcements that always go with early stage exploration results, but where there is nothing yet of what will go into even a preliminary feasibility study. |
I remember Shaun said in an interview, that further down the line, they would have to "circle the wagons" to fend off any unwanted take over approaches. |
That short position can't be very happy. |
As I stated yesterday our new man is an INDUSTRY HEAVYWEIGHT aka SERIOUSLY BIG HITTER |
Just to pick up on your comment Manlord1 ‘I’m beginning to think SB was always telling the truth...’ re sale of the company. Firstly I don’t recall SB categorically stating at what stage the company would/could be sold. In a sense every company in the market is up for sale particularly if the MC undervalues the assets. I believe that is the case here. However my main point is that the story of Pitfield and the quality and potential of the project has only very recently become clear to the board. So what I’m saying is that SB’s strategy can only have formed relatively recently and has to have been subject to review as the nature of what they have had unfolded. The initial discovery is only a year old but the recent data is just that, very recent. There’s always the temptation to think the board knows everything there is to know about company assets but in reality even the top brass have to constantly appraise and adjust strategy accordingly. |
https://stockanalysis.com/quote/tsx/FIL/market-cap/https://news.cision.com/filo-corp-/r/filo-mining-announces-the-appointment-of-phil-brumit-to-its-board-of-directors,c3435385With all the high profile appointments & ex BHP / RIO / Lundin employees, along with SB's comments & the data to back it up I personally feel we are on the cusp of a major transition from explorer - developer - producer. I'm starting to think SB was always telling the truth & has absolutely no plans to sell this off on the cheap. I was always thinking he might be playing a game of who blinks first with potential suitors but the recent appointment has me convinced - he's going to go it alone & I think he might just pull it off. I'm not about to start doubting him now. ML |
I've spent the night looking into Phil Brumit and his appointment is far bigger an appointment than we even think. When he joined Filo Corp in Oct 2021 they were valued at $1.2bAs of today they are worth $4.38bThere is absolutely no way looking at his career & CV that he would stake his reputation on something that was even 50/50. CEO / SVP / NED / Director all previous roles. His contacts are extensive and this is just the start for Empire.ML |
To be honest. I do not know what all profit taking absorbed means. My understanding is that a large number of us do not intend to take our profits till way further down the line. |
kloster, you confident all loss taking is absorbed. |
all loss taking absorbed. |
Closed at a7 month high all profit taking absorbed. |
Brought More today in the bag they Go ! |
GTA5
Your post 2144 is indeed a good summary.
Brumit's 2,000,000 share options are at 10p and that should also exercise the mind.
Remember a year ago when our Process Development Mangaer was appointed and that also was really a very key appointment to develop and confirm our route to production. And the questions again were ....why did she join with her great track record ? A bit like the questions on Mr Brumit!! Her options are at 14p and 18p !!
When the next news comes.....there will be even more believers IMHO |
Lots of sells being absorbed with this rise. |
The main spot I'm looking at is how we react to the area around 10p. If we get rejected there, then we could be in a falling wedge patterns which while bullish could take months to play our and see down to .05 or lower.
But if we go though and and hold 10p there is not much holding us back from much higher prices.
Grain of salt though. I'm not an expert. I just like to draw lines and connect dots. |
The herd may be close to the watering hole Saracen ‘ some may have starting sipping from it .Hopefully our recent strength will be backed up by an RNS detailing the 2025 plan in detail |
Many thanks Manlord for the helpful Q&A on LSE cheers, Saracen. |
The question everyone has been asking: "is it real?" and with the appointment of mr Brumit it would seem the answer is now taken more seriously than SB's comments in the past.
It's far from the "Eureka" moment, but sure does ask the question of why he'd join and add his vote of confidence to something like this if it wasn't world class.
Next few news should be very very significant for the share price
Interesting times ahead.
GL, GTA. |
Not any old NED SuffolkJim but a seriously big hitter!!!!
[or if you prefer a mining industry heavyweight] |
That was me, thank you.
All those announcements we've had over the last few months and then NOTHING. Now all we've done is appoint a new non exec and it seems to have done the trick. |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
