FME 4.17% 2.5¢ future metals nl

old park lane values at a$1.87, page-17

  1. 15 Posts.
    Hi thefozzer. IMO you're right with the increased attention with the AIM listing potentially soon to happen. I just think we've got a couple more weeks before the price really starts in the upward direction. After the OPL revised broker note the spike up has lost momentum as I suspected despite the potential of this share, and IMO will take either an AIM listing date or a spud RNS to reverse the direction. We really are entering the last real buying oportunity at these prices before heading north of 50c.

    Personally I'd like to see some of the pie in the sky figures of $3-$10 being bandied around on other BB's, but realistically that relies on maximum success in both Georgia and Punty, ie. P10 reserves being proven on first drill in both areas. I'm still not convinced on Puntland success on first drill, if it happens, as it's been so long in coming and Punty will be the major driver for RMP's sp. As it stands at present, if we were say $1 (or better I hope) around Georgia spud time that would in essence be a 3x multiple of today's price. I'd look to takeout my stake then and let the rest ride free just in case the first drill doesn't hit. Even a pessimistic price of 75c would be a 2x, thus should this be the unlikely case I'd do the same, however I think we'll be far north of that once AIM investors pile in on speculation of a hit.
 
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Last
2.5¢
Change
0.001(4.17%)
Mkt cap ! $14.37M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $15.74K 629.6K

Buyers (Bids)

No. Vol. Price($)
3 75662 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 423326 2
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Last trade - 15.37pm 23/07/2024 (20 minute delay) ?
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