I suggest that if there are no announcements on offtakes or finance before the end of June the share price will be in the vicinity of 5cents/8cents with NS looking for blood.
When the crunch time arrives, AIM unfortunately buckles at the knees. It seems to be just too hard to get over the line. My gut feeling says it really is the turning point. The gunslinger promised offtakes etc and failed, now Bill has promised offtakes etc. Time is running out for him to achieve this milestone also. I noticed he purchased the shares for his Superfund. It may suggest this project will take much longer than he anticipated. If he has no luck, AIM is headed for a very poor 12 months ahead.
The hole in the ground at Perkoa seems to have no effect at all on the SP and the only shining light on the horizon is Mumbwa. That will be at least 2/3 months away. They did not seem to be too excited about the visuals of the cores, so one would expect that they will announce that further drilling will be required.
June 30th 2007 the stock was at .415 cents. Today .093 cents and deterorating.
Two days to end of May and zero info.
Once again it does not look good.
no announcements
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.77M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.5¢ | $46.60K | 147.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78073 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 25296 | 1 |
View Market Depth
| Last trade - 15.57pm 05/06/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.000 ( 3.08 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 31.5¢ | 53352 | ||
| Last updated 15.55pm 05/06/2024 ? | |||||
| AIM (ASX) Chart |