i expect that lansted where given the nod by the government that the exploitation licience would be granted which is why they agreed to fund the company . i also expect that the bod keep quite because they are treading a diplomatic path while they go through the motions till the licience is granted. your post at 18.04 was spot on . low sp till june/july 2015 , then for sale and the herd return looking for a quick buck. balls of steel time and the long haul. here till the end for me.
I made the decision some time ago that I was going to see this through to its natural conclusion, which I believe will be a sale of the entire company including all assets and subsidiaries. The BOD simply does not have the expertise to build the company structure necessary to take this to production. At times I have wobbled, but I am now reconciled with the fact that for the big returns, I need high risk and lots of nerves! Now really is the time for patience.
How low can the SP go? Lower, much lower. But, things really are afoot, and games are being played with the SP, with downward pressure being applied. For every seller, there is a buyer regardless of directional pressure. One thing is for sure, this is not being traded to any extent. So who is buying and why?
LANSTEAD are signed up until June 2015. They must have been given reassurances. 22% of the company is a lot of equity, and even with the current SP, they are committed to monthly payments, albeit somewhat reduced. Why do that? Why would BEM give up 22% equity for such a short-term deal? Because we are at the business end. Why else would LANSTEAD involve themselves? What do they gain otherwise? The high % of equity given in the deal likely reflects the degree of risk that still exists to LANSTEAD, and They could certainly sell their holding a 4p in June 2015 and make a fantastic return, but nothing compared to the returns when BEM realises is true value.
Yeah, we'll never be privy to all the info and whether or not that third party stuff was a load of old bunkum. Just have to hold and pretend we are a huge corporate fat cat with privileged ties to the Company, i.e. don't worry and wait for this licence decision. Many games going on perhaps. The sp is not reflective of anything of note, yet we appear to have so much. Bizarre.
Hi Sooz. Yep, still In. I couldn't leave this beast, what with the pending exploitation licence situation and the already secured ANI and all. Call me nuts, but that would have been madness in my view. Plus, holding for eventual gains, better than losing loads now and having to sell my last body parts.
Hope you are well anyway. I will be posting a bit more as things hot up. With Beowulf I mean, not with the central heating in my hovel.
indeed - straw clutch. I noticed this was in the RNS entitled Fund Raising in 2011, remember the FR that 2 days before we were told not at these levels............ should of seen it coming really. Leakages a plenty here/ bad BoD/ not interested in shareholders, never has been. This was put in in my opinion to save face and to avoid the stock falling further - certainly no substance to it.............. by the way, where is Lozan - who was right all along.
Yep Troub, we didn't hear anything more on that, so some evil corporation could well be stocking up at these levels, forcing the sp down. They won't have to declare their interest immediate!y. All games played away from us little investors. Another ridiculous straw clutch from me.
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