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Happens after 30 days or if you make your order good for day, or other conditions which are met which means that your order is automatically pulled....
VAU - Vault Minerals
- Thread starter Uncle Festivus
- Start date
Actually Buckfont any share that goes into suspension (ie not TH) have all share orders removed and the market is started from scratch. Thus the reason for your order being removed.
Wow, what an open and OMG. I didn't have that much money spare but got a few more, gee I'm glad my missus is still asleep having coffee! IMO (not others of course) this current price is a real opportunity. I was too slow to get the real low ones, I got it slightly below the placement price.
Gold/silver dore due to be shipped to Switzerland later this month, March. Commissioning expected to be finally over in early April and commercial production thereafter. Clearly those are very positive statements that suggest things onsite are going well.
Oh, and it wasn't $25 million but $15 million.
tech/a
No Ordinary Duck
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Wow
This must be a HUGE buying opportunity for some here.
So Whos buying?
Are we there yet?
(The right time to buy these)
This must be a HUGE buying opportunity for some here.
So Whos buying?
Are we there yet?
(The right time to buy these)
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Yeah went long again at $2.10
tech/a
No Ordinary Duck
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Why?
Whats your current average?
Whats your current average?
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It's a bit hard to figure out what's going to happen since gold stocks were smashed when RED was suspended, so how much of this fall is due to that and how much is due to the capital raising and how much more to come?
Last few times I remember a capital raising, it's always more than one day's worth of falls. That being said, the price of the raising with RED was a lot closer to sp beforehand then with other companies (say NST).
Last few times I remember a capital raising, it's always more than one day's worth of falls. That being said, the price of the raising with RED was a lot closer to sp beforehand then with other companies (say NST).
More accurately it was $15 million less an unstated amount of fees etc. I find that quite annoying.
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I am. its cheap 
No really it is. Rebal buying couldnt get done last fri so must be done today imo.
No really it is. Rebal buying couldnt get done last fri so must be done today imo.
tech/a
No Ordinary Duck
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I am. its cheap
No really it is. Rebal buying couldnt get done last fri so must be done today imo.
I started posting here when it was 0.18c (1.80 with the 10:1 Consolidation)
it was considered by pretty well all here cheap then.
Since then its been $2.40 to $1.20 It was considered by all then that it was cheap.
It appears that this is good buying fundamentally at ANY PRICE under resistance.
The caveat being that the FUNDIES expect price to go to $3.00.
So buy under $3 and make a profit.---is what it seems.
Me a techie cant see a buy at this point---have no idea how low it could go(nothing indicated chart wise yet) and no idea how high it could go(nothing indicated Chart wise yet).
But I do know that right now there isn't any interest in this stock and hasn't been a lot of interest in this stock since my first look here.
Despite massive amounts of written optimism and "Fact" Im not seeing a willingness to support this stock---demand.
Mind you 100% between $1.20 and $2.40 there is a drink here and have had a couple.
So for my liking a buy is closer to $1.20 than it is $2.40
Hence Ill watch.---until something in the chart says "BUY ME."
I hope this is not the case for you guys if buying stops then whats going to drive price tomorrow and beyond?
skc
Goldmember
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I am. its cheap
No really it is. Rebal buying couldnt get done last fri so must be done today imo.
So the production guidance ~75k oz per year, cash cost ~$350/oz, cap-ex ~$10m, so with gold @ say $1600, annual FCF ~$80m.
Mine life ~10 years.
Current share price would yield IRR ~34% p.a. Alternately, a 15% NPV of the 10 year cashflow ~$3.8 per share.
Upside being further exploration extending the mine life.
Downside being production problems and gold price falling.
Comments?
Does that sound about right?
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Agree with you tech, any timeframe past 1 day looks pretty crap. Cap raising price at $2.12 wasnt attractive enough to get $25m of stock. Only $15m got done and they called it a day. Weakness? Definitely.
Technically, it looks fantastic.
Just kidding. It looks a bit dodgy. Could fill gap, could crash and burn.
However today is index flow day, plus the fact that the placement shares have not settled, should bode well for RED at least for a short while.
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Wouldn't care because I would be out today regardless. Just a systematic trade nothing more.
I'd think there are a fair few comparable juniors off the radar. Midcap and junior golds are getting smashed (even those with incredibly low costs). People are just playing it as a high beta exposure to gold
tech/a
No Ordinary Duck
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So they are a tad short on the capital raising $10 million.
So now what---- they finance the rest.
What if they cant get it.
They "can" some ideas?
Further hold ups
Delays
Promises.
Dont do something?
Take a wage cut?????
Call Beatle!!!
So now what---- they finance the rest.
What if they cant get it.
They "can" some ideas?
Further hold ups
Delays
Promises.
Dont do something?
Take a wage cut?????
Call Beatle!!!
tech/a
No Ordinary Duck
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From a short term technical view
Im watching this current bar--today--very carefully
After a strong gap down it is battling with supply currently.
A close in the top 15% of the bar would be a possible short term long trade with a stop at $2.06
If it closes middle or less then I would pass it up.
Risk is closing of the gap or part closing and a resumption of downside.
But there is a possible setup there volume is high relative to past weeks.
Low risk with some R/R if it pans out.
In my view.
Im watching this current bar--today--very carefully
After a strong gap down it is battling with supply currently.
A close in the top 15% of the bar would be a possible short term long trade with a stop at $2.06
If it closes middle or less then I would pass it up.
Risk is closing of the gap or part closing and a resumption of downside.
But there is a possible setup there volume is high relative to past weeks.
Low risk with some R/R if it pans out.
In my view.
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The first three goldies that I just looked at are doing ok, AGS, ALK and PXG (I hold one of them and the other two are on a watchlist). All three of those also have a negative Price to Earnings ratio as does RED.
Which ones are you referring to ?
Strong indications of a turnaround in the area highlighted on the chart below might get my attention if there is nothing else around at the time with better behaviour, or a clear breakout above 2.40.
At the moment it is a case of putting your chips on the red or black.
(click to expand)
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Actually not quite, I said slightly.
Apart from the last leg down where PXG is ahead of RED they are almost identical - if thats ok