Denpal, try reading the ann a bit more carefully as to dilution.
Massive dilution. $5mill (assume placement) + 1bill shares + $5mill (in 1st year on exploration) + $5mill (further exploration to increase to 50% ownership) +120mill shares to broker (lol).
Where is money coming from? Placement would be my guess. So maybe the price will be pumped up a while longer.
Going to be 3bill shares+ before you know it. At current shareprice we're already talking a $60mill marketcap.
More than 25% of total stock already traded today. The music will stop at some stage but well done to the traders (and longer term holders), a good trade.
AEX Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
