Hopefully this is the start of the perfect storm. Every time I think that the conditions for some sort of 'company making' announcement the circumstances improve further. Zinc price is pushing higher, AIM shares are rallying (and more importantly there is a lock of backfill occuring as the price pushes higher).
I dunno about what the rest of you feel however to a holder of this stock for about 18 months this rally feels a little bit different to previous rallys. It seems a lot more deliberate and steady as opposed to the last time we saw 16 cents (on the back of LOI). I guess the fact that we have some tangible outcomes to look forward to and there seems to be a bit of a groundswell of support for AIM at the moment.
Something to consider is that the release of the Quarterly Activities report due before month end (latest Tuesday next week) should further push AIM as it continues to attract market attention (assuming of course that there is no bad news to come out of Mumbwa which might dampen the festive mood a little).
Also found it interesting in the Minesite artical with the due diligence process and 'dotting 'i's and crossing 't's'. Seems to be all more or less a go. Interesting comment about the hedging policy the company want's to pursue.
Anyway ... seems that this may all work out!! Happy hunting all ... oh and as always these are the rantings of a AIM investor and shouldn't be used as the basis upon which any decisions by anyone else should be made.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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