I need to understand this.If you are correct then, the share price needs to be as high as possible at the release of the JORC to determine the price of the placing.Am I understanding the game? The other thing that confuses me is that in most cases the share price seems to - after the placing drift lower. |
I would expect a placing soon after the JORC. |
Napoleon - I agree about SAVE. I dumped mine. |
This recovery is sweet |
Geko That is a really interesting and intelligent post. |
ODR, agree that’s the acid test for placings/offers. I don’t know why people invest in the market if they don’t want to see fund raising. It’s the main reason companies list- to access the capital markets. The key, as you rightly point out, is whether the money raised will increase the value of the company beyond the investment and opportunity cost. Or will it just be absorbed in salaries etc for career CEOs. That’s why it is a rare thing to find such a company on AIM and the case really does have to be exceptional. |
basem1
Never say never, but what I will say is IF there is any further placing it will accelerate the project and ultimately deliver multiples of whatever the placing price is.
This is not your usual Aussie with a shovel standing next to a hole with a smile and a promise.
I'm sure many here know what I mean and have been rinsed before from typical AIM confetti share companies just trying to keep their wages intact for as long as possible.
all IMHO
ODR |
Just Put More In My Bag ! Good Luck All You Longs ! |
remember Shaun said in an interview last year "“…Circle the wagons and wait for everyone to try to storm us because the value that we’ll add over the next 18 months is enormous…̶1;
keep the faith. |
2915>>> Sam & Cev... Interesting comments about the bummers we all have!
My son is cutting his teeth in the financial world - he's 25 - and was bemoaning deals that didn't work. I said the worst is to have no regrets as it means you did nothing.
If you can't take a loss on the chin then get out of the kitchen.
The lessons of life usually cost unless you can learn from other peoples' mistakes,
& if you're into the stock market you'll learn to ride the losses and take the profits. The essence is to win overall.
If I avoided the mistakes I made I'd be a multi-millionaire, but wouldn't we all???
Anyway, EEE have it all to make it a "unicorn", so it's a LTBH IMHO.
No cheap early bids please!
GLA. |
The share price will build up again as we approach the Presentation in New York - Thursday next week. |
 timnicebutdim, referenced against the companies in the slide SB held up yesterday it would still be way undervalued. The only possible argument for it to remain below its peers (such as they can be said to be) is that the flow sheet is being further refined. But this argument is looking extremely flimsy just as it did when naysayers argued that SB couldn’t process the ore. SB, a metallurgist with circa 30 years in the business, was 100% right. Big surprise eh when the counter argument was propagated by a few bulletin boarders who’d once half read something somewhere!
There are those arguing that all news is out for the moment. I’d say listen again. As I said before the departments of this company are well integrated. They are right on top of the processing and material is arriving now not in three months time. SB was not shy in pointing to the experience on the finance side. Also further strengthening of the team as they scale up production. This suggests to me that news flow will continue, can come on a number of fronts, and the window during which EEE can be described as ‘earlier stage’ is fast disappearing. EEE’s progress and PB’s appointment will not have gone unnoticed in the industry. |
Thanks guys So hopefully no further dilution I guess if there was there would be serious interest albeit at a small discount |
Https://www.investormeetcompany.com/empire-metals-limited/register-investorLatest presentation yesterday.4.8 million in the bank fully funded.Drilling up developing MRE which then could lead to Aussie government funding.It's in the presentation above.GL |
Funding - The Australian Government will probably back this project financially as Titanium is on the critical minerals list. They have already part funded some of the campaign through I believe tax incentives or something. When you hold a 1/3 of the global Titanium deposits, I dont think funding is going to be an issue. |
New to this May I ask about funding and the potential of a fundraise ? Started to read the presentation but not seen any financials as yet |
even at 20p I think it will still be undervalued, didnt I hear they have a third of global titanium resources in Pitfield? |
11.02p on the bid with hlLooking like a recovery. |
Yesterdays brutal thump after the investor event is painful but it has eased the overbought position. I dont know that the retrace is over , We may see a further slide to fib 50% retrace but after it bottoms I will be looking for a climb into a massive inverted H&S with 3 peaks as neck line . This would take us to around at least 18 - 20p . Hang in girls |
Capai say no more. |
Sam, you are 100% correct, I've asked myself many tines over the last 24 years, but the best lessons are the most painful
Anyway, you'll do very well here, if you have patience |
Cevodniya
The point is it does not matter who the co was it was that I learnt a lesson to try and avoid making the same mistake again and the difference is I did not lose money I made money but by thinking I could make a lot more money I missed the chance to make 50% in a short time and then had to wait about 18 months to make a few % I could have made more by putting it in the building society for 18 months risk free.
The question has to be asked why did you hold from £33 all the way down to 12p if you had sold when you had lost 10K you would still have 190k to re invsest in the same co or elsewhere.
Finance wise you are in a totally different league to me my entire portfolio amounts to about £45k of which about 55% is freebies by trading in and out of cos thus not risking my hard earned.
Sam |
The obvious attack came on najor positive news.
The whole system is so corrupt.
Jobs and notifications known in advance
I'm mot surprised the market liquidity is gone.
Effectively the socialists don't want anyone apart from themselves to have money.
Still like it here.
Shsun seems to own his own balls rather than others..
All best |
Sam, I understand, but how you can't remember the name is beyond me.
Fine if you wabt to trade, but I'm holding just over 11 million so I'll hold.
In 2001, I bought some shares at £33 and sold at 12p, cost ne £200k.
I've never forgotten the name of the company or the pain or what the vslue would be now if I'd bought Amazon, Apple, Microsoft, |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
