I must admit at being flummoxed on the announcement of the raise but I can see no other explanation other than that you have presented. Why would you crater the share price unless you were almost certain that Amapa was a done deal. I shall be looking for a few quid from behind the sofa! I know that AIM is a broken market but the extraordinary values in junior mining stocks here are greater than in the late 90's when I participated in an RTO with Ross Beaty to form Lumina copper. Patience required....
Sorry, forgot to say - Oak Bloke - fantastic deep analysis on this one.
With it now being into February '25, what are other people's thoughts on the timeline for the necessary licences and financing?
I must admit at being flummoxed on the announcement of the raise but I can see no other explanation other than that you have presented. Why would you crater the share price unless you were almost certain that Amapa was a done deal. I shall be looking for a few quid from behind the sofa! I know that AIM is a broken market but the extraordinary values in junior mining stocks here are greater than in the late 90's when I participated in an RTO with Ross Beaty to form Lumina copper. Patience required....