Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
I seem to remember db suggesting that should an amount of money be needed after the likely div/ buy back and operations, that loan from bank ( or does that count as institutional investment) would be best option with easy interest payments when needed. So we’re even ok for any desired new project money… or perhaps a bigger slice of existing asset. would it be sensible to borrow big if the right slice cropped up? probably. But for now i’m looking forward to the elimination of doubt, as that’s probably worth an sp doubling alone.
maybe our negative friends have done their job now and enabled their masters to gobble the cheap shares… somehow i don’t think so. looking forward to that first 100,000 share buy… all fairly cautious so far. STRONG BUY!
so there’s still doubt about success is there Justbe? splendid.. no 100k buys yet (apart from that single 300k a while back), and at this sp when realisation dawns for sure the sp will break the pound. .31 (60p) a couple of years ago. Im still looking forward to the doubling in a day ( you know how aim likes those) when the report lands. oh why do have to have weekends.
then I seem to recall a mention of borrowing power now, as the best means of aquiring any extra money needed.. UJO could surely borrow loads of money for a significant further % investment of a worthy asset, and have plenty of cash to cover any interest payments.