Market's view on Karelian
Published on April 2024
- Concerns are raised about potential bailouts at very low share prices, questioning if the company is attempting to rebuild its financial stability.
- Discussion on the need for a substantial offer to attract company sale, speculating a price point of over £1.
- Suggestions made for a fresher public image due to the current representative appearing tired, despite past successes in discoveries.
- Issues highlighted regarding secretive, low-priced share placements for insiders, raising transparency concerns.
- Estimations made for upcoming drilling costs and potential strategic moves depending on drilling outcomes.
- Frustrations voiced over recent investors selling shares at a loss, questioning the rationale given the company’s current prospects.
- Mixed sentiments on the company’s progress, with some stock watchers feeling hopeful about upcoming drilling and others skeptical about past promises.
- Insights shared on potential significant mineral finds and the professional valuation of geological samples, hinting at potentially lucrative discoveries.
- Legal and procedural delays discussed in relation to necessary permits for mining operations, with some optimism about resolution timelines.
- Speculation about the potential size of mineral deposits, comparing them to world-class findings.
- Long-term shareholders express resignation over repeated fundraising efforts and dilution of share value, impacting investor confidence.