IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
Every listed company has its day traders who are focused on chart movements rather than the underlying fundamentals of the company. Some would have cashed in from the recent rise. Those who have done their homework will be most rewarded in the end - not long to wait now until further news.
I agree; those who chatter excessively on other BB’s are perhaps unsure of their investments and have to constantly seek reassurance from others. Posters here seem to be very well informed and that is also down to the CEO being very transparent about the project. Exciting times ahead; perhaps only a fortnight until the release of the bankable feasibility study?
Ontarget- I don’t know for certain of course, I would be delighted if it came in May. In the last minute of that interview, Hayden mentions ‘in the coming 6-8 weeks’ (the interview was 2 weeks ago). I think he hints more at the 6 week mark. If I had to guess, I would say the week of the 1 June is most likely. Regardless, we all know the news is going to be very positive.
Based on the recent interviews, I think the company is now looking to release the feasibility study in the first or second week of June. We might see a couple of quiet weeks now, but it will rally again in the second half of May as we approach the release date .
I agree but at 5p this is still significantly undervalued. Matter of weeks before the bankable feasibility study; a lot of mining companies take years before they are in a position to release this to the market. This accelerated pathway to construction, as well as the underlying economics, in my opinion makes it one of the best mining stocks for 2020 and 2021. I think this could really fly over the next 12 months. The company continues to hit each of its milestones and has not put a foot wrong.
Another box ticked; the company continues to meet its deadlines even during this period of global uncertainty. No nasty surprises with improvements from both a cost and timing perspective. Surely we are due a re-rate! On to the bankable feasibility study - which I reckon will be some point in May.
Listening to the experts, we don’t really know how many will die in the UK or in other nations once this is all over. The modelling seems to be pure guess work because this is a new virus. In a given year, 500,000 people die in the UK . So an additional 250,000 would be 50% more than a standard year, but society will eventually return to normal. The death toll could be a lot lower than that - we haven’t seen anywhere near those numbers in the rest of the world. All eyes are on Italy to see where the virus peaks in European nations. Asian nations like Korea and Japan have done well to control the outbreak and we can expect further measures here, including restriction on movement. What I am more focussed on is can EML continue to hit its milestones this year? I am certain that the answer is yes.
The company seems pretty confident it will secure at least 60-70% of the required funding through debt. The rest hopefully will come through a strategic partnership, and there are lots of potential candidates. Even if there is a global recession, the underlying fundamentals are very solid here, and there is a lot of goodwill in Morocco for this project to succeed. I am fairly confident it will secure funding even in poor global conditions. There are risks of course but there is often no such thing as a safe investment. With a growing global population, the potash market is looking pretty healthy - demand is going to continue to outstrip supply in the years ahead.
Share price has fallen 35% over the last month due to a virus that is very unlikely to affect EML’s performance. I notice there have been 6 confirmed cases in Morocco, but even if the virus does pick up there, I am sure the company will complete its milestones this year on time. Coronavirus is not going away anytime soon from the media- markets will continue to be volatile. But we are about a month away now until the feasibility study, and then on to permitting and finance. Lots of exciting news flow to come. People selling now clearly have a very limited knowledge about what the company is doing, and where we are heading. Coronavirus is not Armageddon. Great time to buy more at these prices.
Not sure I agree. 1.4 million shares is not exactly a small amount for one individual to hold. 350,000 shares would still cost you over £13k at today’s market price. If the share price reaches anywhere near the broker forecasts over the next couple of years, even 100,000 shares will make a huge return for individual shareholders.
Question is how far is this going to sink before it starts rising again. I would be amazed if this goes below 3p. The problem is that the media aren’t going to let this Coronavirus story drop any time soon. Things could get grim before we see the light at the end of the tunnel.
Terrible week for the share price, but the company has not put a foot wrong so far. Let’s get February out of the way and hopefully in March the market will wake up to the fact that we are only a month or so away from releasing the feasibility study.
China seems to be getting the Coronavirus under control - only 52 deaths announced today which is the lowest for three weeks. A handful of elderly people have died in Europe. Outside of China, the death toll is less than 100? The media love the hype though that it causes - and the stock market (and some investors) are easily spooked. Give it a couple of months, and this will have been forgotten.
Well, this was unexpected. Especially after such positive news released on Monday. Not sure why anybody would sell with two months to go until the feasibility study, and then the advancement of finance discussions. The underlying fundamentals here are unrivalled for a junior miner on the LSE in my opinion. Excellent opportunity for some to top up. It won’t be long before we recover from here and reach new highs.
Another very positive announcement, Feasibility study also brought forward to early part of Q2. Expecting re-rate very soon.
Lets keep things friendly on here. We are only a couple of months away before we start seeing some some serious results. We have already seen a 40% or so rise in the share price this year. Anybody who has put their money in at this stage has identified a very promising investment. Good luck all. By the end of this year, we should all be patting ourselves on the back.
Any talk of finance in the second half of the year and I think we could be looking at 30p+. Looking at the company’s rns patterns, we should get a further update from the company beginning of next week or the week after.
Lots of positive buying this morning. It is only a matter of time before we see another significant rise here. More news to come in third or fourth week of February?
I think it is far too risky to invest in Eritrea - infrastructure is not going to be great to start off with (increasing capital costs), and then there is the more general concern around corruption/crime which could de-rail the whole project. Morocco on the other hand is a very safe, business friendly jurisdiction with an excellent location - not many people are aware of the benefits here at the moment.
Quantum - agreed. Although remember that the company is listed on the main market of the London Stock Exchange and not AIM. This is important I think not only from a reputation perspective as time advances, but the company won’t be subject to the sudden and unexplained share price movements which you get on AIM. AIM feels like a casino. It is best to be out of all of that in my opinion.