IMO a lot of the false dawns have been self inflicted by some PIs and MA Example MA issued an RNS stating the ZEMA approval was imminent only to issue another one saying that it had been deferred. Now this tells me that he is being mislead as well. So, all we can do is wait for the official notice to come. I've no doubt whatsoever that it will, it's just a case of when...
I hope your right. Its just difficult sometimes to remain calm and level headed when there is so little info being released. Back to fundamentals and patience. I know what you mean about false dawns and deadlines. I've been trying not to come on and read every day but its so addictive.
Haha I blow hot and cold mate, but I think if you check back this year there have been many people saying News within a week, I've phone here there and everywhere.... Requesting everyone else does the same.... Where does that get you? What does it prove Well, over a long time I've come to the conclusion that nobody knows what the hell is going on here, not even MA, if course this is my opinion, but, one thing is for sure is it will happen, somewhen, sometime. I've waited for many many years (in fact bodies even MAs time) and I will sit it out until I've had my fill, and I will. ZEMA and ZCCM will eventually give the green light on Kabwe, and I will be here to help celebrate with who ever is left here. I won't sell up at 5p, far from it. Once I have double my investment I will top slice and let the rest go on making me money (hopefully), because Kabwe / Copper is only the start. Now I don't really care what other posters put, or whether MA sells the company etc etc.... I still see this as a retirement fund...
Fair point and I wasn't trying to imply a lack of acumen on the part of any of my fellow investors and I am also well aware of how most have been averaging down for a while now but as you said yourself some have been less fortunate with the availability of funds. I could easily have been in that position myself and was rather fortunate for once to have most of my cash tied up in other shares that were not doing so well at the time otherwise my average would have been a much higher than it is. I personally would probably sell at 5p in my current position although I was hoping for more and willing to wait originally.
You seem a lot calmer lately what's your secret :)
That's nearer the mark mate Buyers that were only coming in at the top..... Yes I feel sorry for them too, and again, you're right, I can see a lot of PIs that once are level pegs or just up will sell... Unfortunately it is the same on many shares in AIM, where people have been locked into shares for years..... I have suffered with that myself in the last few years, and know what it's like.
There are a lot of us long termers with low averages - it is the poor wretches that bought in at 7 or 8p and haven't had available funds to average down - they're the ones that are suffering. There will be a lot of unloading as the sp rises and that in itself will hold this steady for a while yet - subject of course to any surprises!!!
Not quite true, I'm one of the longest term holders on here and if it reaches 5p I will be a very happy bunny. You see, some long termers actually had the foresight to average down on the dips..... I'm actually not standing at a huge % down as we stand now.... So, happy days. PS I will not be selling up at 5p though, I want my cash to work for me much harder than that....
Hi mate...you are turning into a bit of a share guru by looks...lol. "Short sharp rise in SP most likely to around 5p"....hmmm....I wish mate, that's circa 222% from here. Hope I am wrong, but if we get approval, I would say not much north of 3p, the bigger upside in SP will come with the news that follows thereafter I would suggest, as the content of such will be the real meat on the bones this company needs. I hope our wait for a decision from the "powers that be" is nearing an end. It is very squeaky posterior time at the min for all concerned. Am trying not to think about the outcome if we are not granted approval!! All the best mate
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.