As we have a lot of new holders here and looks like some are fairly new to investing, hope this helps...
* this offer is only If you are a "Professional Investor" or a "Sophisticated Investor", pls Google definition
So not avail for most Mum&Dad Investors.
Some might find it unfair, but this is such a great move by Mngmnt and I'm extremely happy.
If it was offered to everyone it would take a lot longer, the SP would almost be guaranteed slide as a lot of current holders would sell s they make a small profit and rebuy their allotment, with this one we will not have that problem.
Raising at 0.085 is absolutely amazing!!!! a month ago we where struggling to get above 0.017 and it was a screaming buy then, but even with this great rise we are still at good value territory, especially after this raise when we will have A$7 to A$10+ mil in the bank with a new floor price @0.085...so no more CR's needed for a very long time and many price catalyst events to come in the next 6 months.
Price & Demand of Co going up, Price & Demand of Ni going up, offtake for Co almost certain... If we manage to secure an offtake for Scandium aswell, then it's very hard to predict where to set the new price target, especially if we can demonstrate to potential offtakers the quality of end product by next month and more importantly can show that Sconi is as good as ready to be built and could be able to supply them by ~2019
Strong Buy and Hold at this levels - considering it's publicly known what could transpire in the next month or two.
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Price($) | Vol. | No. |
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