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Indeed mate, . it seems now that particular poster agrees . a bit of a contradiction to his earlier mocking posts . takes all sorts I guess Good luck
With reference to my cash burn comment. The three years of course only takes account of general admin expenses salaries etc. As the company grows its expenses will also increase and so does the rate of cash spent. The limestone investment is a good one imo but will not generate the amount of cash required to fund further substantial investments in the short term.
Taste thanks for that. That was my point, that a new investment would probably require at least £500k to make it worthwhile. So as I said shares would have to be issued to pay for it.
dont understand your reference to big brick company earlier on or wonderwall company in your last post. As Im sure you know admin have been deleting all the type of references that confuse and dilute the companies branding such as "massive brick". I guess if you want to test Craigs patience, thats up to you. As for the rest of youre comments, I tend to agree with you.
Steve was saying there isn't too much in the bank to fund a second decent investment which LDP need to do to move forward and deliver some shareholder value . the wonderwall company is indeed a nice little investment by LDP . but not enough . . another investment could well involve a placing at some point .the 400k in the bank plus the cash burn would not be sufficient to move into another investment of any worth . not a negative statement by Steve. . more if an observation. . all in my opinion of course
No danger of placing, possible good news on Manas, potential to grow the building supplies business massively including fantastic profit margins. Superb investment, imho.
LOL LOL, three years cash in the bank and talking about a placing!!!!!!!!! LOL,LOL.......
honestly, only 3 years cash left seen as a negative ( not including increase in business or profitability). There plenty of companies on aim with barely 3 months cash left, and plenty with plans to build facilities who dont have the money to do it. We have a fully funded business investment with cash to last for the medium term. Seriously this is a negative, lol at that business expertise, lol.........
They would have great difficulty getting people interested in a placing given their track record IMHO of course.
Excellent the sp might go up in 2017 just the news I needed what a great investment this is wow.
That's where the company has a problem. There is about £400k left in the bank although £100k income a year cash will only last about 3 years at current burn rate. The one good thing is that there has been no share issues for a few years so at least no dilution. However, if the company wants to diversify into other investments new shares will have to be issued to pay for it. News soon hopefully.
there will be zero trade days and probably will be plenty zero trade days until June next year at least. The company may be pushing ahead and planning production/ selling more of these but as for today, they are doing the same business. Tomorrow and the next day and the next day and next week and next month,..they will do nothing and the SP will do zero. They wont sell any more and the SP will be the same or even less, it might drop . It will be 2016 and 2017 until the effect of what they are doing filters through to profit for Cultural. Maybe someone will buy £50 tommorow but that will be it, big deal big news. Forget this until 2016 and 2017 honestly, its going nowhere. It will eventually but that's it. I don't even post on the share price because its so predictable. Its whats coming one to two years from now that might change it. Best of luck to all invested here and holding. Machine off.
Indeed, a great shame, all that money LDP threw at Manas, seems that its lost and buried amongst the coal now The big brick company is a sound little investment. . but hardly likely to give good shareholder value, more diversified investments are needed by this company to achieve that. . all in my opinion if course Hope all good your end
Evening taste. Not really worth the effort was it. Trading update soon. Manas news would be a bonus but getting too close to licence expiry date to expect anything. Just very frustrating that all that money was spent and there are millions of tons of coal worth a lot of money being left in the ground. Never mind we have our limestone investment to concentrate on.
There was one buy of a hundred quid yesterday . . I think the market is still in shock with that news . .lo l
On this platform again it seems our large bricks are not doing it for the market.
Its all they have to invest in. Manas is not happening lets face it. Years of just round the corner. Im in here so I hope manas happens but it looks gone and thats how I take it. Invest in Limestone? I only know that Limestone believe in themselves and what they are doing and their market place. Manas and other investments are zero. This is where we are and given the small investment Leed made, I think they have done as well as they could given their previous attempts. We'll see how many blocks they sell or if the margin of profit is what is claimed. We'll soon in time but it costs nothing to wait.
That is what these boards can do help novices .Google live prices report the last trade price hope that helps most people on the board are happy to help a newcomer to the workings of the market.
Interesting that you failed to comment on the trade at 0.049 last week though.
I agree its very odd that he failed to recognise the trade at 0.049 last week though.
Never rely on Google live pries mate....no wonder you are confused
say no more.....lol
Seems a poster is confused as to bid or ask prices can fluctuate during trading hours....he ll get it in the end hopefully and will be less confused
No, it dosnt help the confusion one little bit. As any trader will know, the more shares you want to buy, the higher the price. To suggest you get a better price the more you want to buy tells me all I need to know.....lol.
An extremely misleading post yet again.The poster a fails to mention the buy of 2.75 million shares last week at 0.049 and b fails to recognise that for 30 million you will be quoted a better price than for 200,000 , further more we are talking fractions of a penny here the difference between 0.05and 0.049.I suggest the poster does a dummy buy of 30 million at Lloyds or Hargreaves as of 12.05 today they were quoting 0.049 for 20 million not on a negotiated trade hope that helps the confusion.