re: yak facts Hi Yak.
I would consider those that hold a stock and are supporting it by pointing out the overwhelming positive nature of fundamentals/technicals to be PROMOTING a stock not ramping/down ramping.Imo the latter is where a poster makes comments on a stock with the intent of buying on the down ramp comment and selling on their ramping comments,unlike holders/promoters who intend holding for the longer term.
I know what Parrot is saying in terms of the finance but his timing imo is all wrong unless his/her intent is in what has been talked of in the above.
The company has already ann the intention of proving up off-take agreements and cant be far from a signed contract as they were talking "counter parties" in the latest qtrly.It will ONLY be AFTER they have off-take/s in place that they will get finance as it ensures payback on financing.I would think that once the off-take/s are in place and a final decision is made on some other project details such as the transpotation route(which could have a bearing on the risk profile of the project) that we will finally see some finance.
The company made comment in an article recently that April would be around the time we might see some news in this regard which seems about right for all the legal stuff and paper work to be organised.
The current run in Aim imo could just be the "first leg" of the continued re-rating of the stock.These runs often have two distinct runs with a small "breather" in the middle.A company like Aim that has such an advanced project and is approaching or has attained finance is usually market capitalised around $50M which would make Aim's sp around 10c.This is purely an observation based on some other spec companies with well advanced projects that are close to or have attained finance.Depending on other market fundamentals it could be higher or lower than this.But if I was betting on the outcome and taking into consideration zinc fundamentals atm I'd be thinking the high side of 10c.
Just my opinion though.
d.
HOLDING Aim/Aimo.
** 7.3c chart gap, page-28
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39.5¢ |
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Mkt cap ! $82.48M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $24.68K | 62.72K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35851 | 38.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 14255 | 1 |
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