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Not letting me buy even 1mil on a Spreadbet or a CFD. Something is up: looks like they have no stock.
Wow! Yes that's some paperloss! I admire your continued faith in the company - I also feel NCT might well be entering a new very productive phase namely Mexico.Good luck in amassing your 3% but as Helpful said better get your skates on as it feels even today we just might see some blue!!
No problem Average at 0.12 so approx 75 % down on investment But it's only a loss im told when you sell
"keep being denied to further dilution and capital raising" So guess you have been investing here for quite a long period? May I be candid enough to ask your average price here?
Ok thanks for that Yeah looks like some big buys now going through Trying to build holding to magical notify able 3% holding and get name on shareholder register but keep being denied to further dilution and capital raising It's a hard life lol
Cheers mate
2 V 1 unchanged this morning
Anybody?
If you are going to buy more you need to get your skates on. I bought 15mil yesterday and there were other largeish buys nothing to do with me and again this morning. Someone has decided to build a position.
After reading your post I can't help an agree with some points raised and totally understand both the positive and negative views of all . As long as posts don't come with a hidden agenda ie rampers or derampers. But if I may add my humble opinion , we have all invested in an aim company that does come with a larger than average level of risk and also with a potential in the long term of a larger than average potential gain I for one am holding a quarter of a billion shares a not inconsiderable sum and look to add to that shortly Now this is in no way a ramp but purely a calculation and gamble on my part and I do have faith in the long term of the company and after conversations with randy and meeting Abraham feel and it is my view only that dilutions of the past where to increase asset base ie remediation plant , water capacity at sc etc the last two years have been frustrating but have been for the whole sector ie magnolia petroleum and others I would like to end by reminding all that since company was listed randy has never drawn a salary but chose share remuneration instead so if company does ultimately fail there would be no be fit to randy or other board members DYOR
See the footsie has been getting a bashing last couple of days - what are investors here thoughts on how the AIM market will fair if the UK exits the EU?
Good news for the Remediation Plant.
This is a case of the pot calling the kettle black. "clown", "rat", "sneaky" would be better applied to you angelus I'm afraid, given you're using two accounts. It was fun to see you praise your own post a couple of weeks back though :) The board should be open to discussions either way, both positive and negative views. Any new investor will have a more balanced view rather than see a one sided argument. For the past two years it's been a case of positive news is just around the corner. It's never come to fruition so the probability is that it never will. I'll only be lowering my average IF the SP trends north. Trying to call the bottom of NCT's SP is a mug's game.
How could it with magic posting it every half hour.... I set my watch by him these days..
Anyone know if we need a new production permit or if we can rely on the old one?
Why magic keeps harping on about the same thing... If I was an institutional investor or someone big and I'd been given the nod to buy in last March 2015.. Then I'd be naffed off... But then I'd be taking that up with my broker, not here. Change the record mate... Or forever hold your wand... Or tell us why you don't like Nct... Your losses can't be as bad as my own here. And I keep averaging down ... In the end I'll be distilled..... But never diluted.... Imo.
and the highest price of the day just paid - 0.0297 for 8.5M shares just gone through............and yes, you guessed it, shown as a sell....could be a blue finish...
Thanks
2 v 1 0.025 - 0.030 15M buy just went through and a16M in the last hour......the spread is a lot closer than that published : )
How's it looking?
Jackal - " there is no way we can be valued at below £3m. The reason for that is due to the dillution and putting everyone off from investing. The RP alone is worth more to NCT than £3m I would have thought?" Ah but there's the rub ! It's only what YOU think. The reality can not be ignored and it is worth a million views of ordinary punters and trumps every time the "jam tomorrow" rhetoric of the BB crews. If the company were worth what you "think" it is, then why are there not large investors queuing at the door to hand over cash in exchange for a share of the company? Why is NCT going to the likes of Cornhill to perform discounted placings which the BOD surely know will decimate the value of existing shareholder's holdings? That's the reality. Investment via Cornhill at discount. Everything you personally think the company is worth is irrelevant imo. Ignoring the reality is a sure way to lose lots of money imo.
This is the main issue here - no numbers have been disclosed! Everyone sits here working out what the likely income is, but until they release proper figures nothing is going to move! Even with SC we don't know what income it's producing because nothing has been released - unless I missed an RNS?
Jackal5 I agree the RP alone should be worth more than the current market cap but the lack of details on the plant is holding people back. What are the running costs of the plant, what size is the expected business in the catchment area, what is the tax rate on revenue for the plant etc the details are vague as usual. The finances at NCT are always treated as a secret, disclosing the cash balance and the current rate of cash burn will allow investors to make informed decisions on the prospects of a further placing until then investors will be put of expecting the past to repeat itself. I have money available and would like to reduce my average but until I see progress I am prepared to wait even if that means a higher price.
He needs to confirm it is on track to start trading mid/ late July as per the RNS, the services provided and the contracts signed. Preferably who the contracts are with: I said some time back there was no point getting remediation contracts with Pemex because their payment terms were 230 days plus. It seems the terms issue has been addressed nonetheless we need to know that MDF will get paid on the work it does. IMHO DYOR