Balanced post as always, Thank you for that. We have been here before!!, its now upto people to get in or stay out..I remember the same posts when i was in here at .15 after Manas deal was done, we hit 0.8ish from this level. Its entirely up to the individual.
we can look at stocks that rocket all day thinking why didnt we get into them, the ones im in are ****e and all the others are going up 10000's of percent but thats not the way it works im affraid. Like today, I had 10k to put into solomon at 2.6p....I took the decision not to in case i got spiked, hey ho lost out on a bit of cash, quiet a bit of cash as it turns out but its done and dusted...its monday in just over 48hrs time and the next lot of bargains will be here, life goes on.......LDP will come good, we know that but if you want to get out then get out? if you want to hold then hold? if you want to buy the buy?. its not science in any way, im not an educated person but even this share dealing makes sense to me!!!!!!!!! .......GLA and have a good weekened...
aussie, Once we got into February of this year I also was not so sure on whether this was going to turn out that good, but now there has been that new appointment to the bod that has a connection with the 2 big holders. It just seems that when the RTO is announced that it should turn out a nice looking one.
Please don't get me wrong... I'd love for LDP to go up. and up...BUT.. can you see the reality??? Please believe me that I am in the same boat as you... The difference between us is that I no longer believe in 'magic/maybe.s''.'... etc. Each with its own.. as they say...LOL Aussie.
Afternoon everyone, hope all’s well with people. Good to see the board lightening up again, and equally great to see that the old faces have hung on or are considering getting back in.
I’ve been buying in and out of this for a while, and am at last fairly confident that this has bottomed out once and for all. I’ve now been accumulating a fair stack at the .12-.13p level. After seeing the ZOL and BRDY announcements, investors who like the concept of shells (i.e. us here!) should be hugely comforted. An announcement might come in a week, a month or six months. But when it does come, shareholders will be locked in for another couple of months at least whilst the ad doc goes out, funds are raised and an EGM is convened. So this and other shells are definite no goes for traders and those who don’t wish to have their capital tied up.
I am convinced that the project Redmond is concluding at the moment is substantial, and from the recent director appointment (to complement Gibbs) it sounds like it will be Southeast Asian based. Remember he was in Singapore a month or two ago? I posted an example outline of how the RTO might work out for existing and new shareholders a wile back – with the pummelling the sp has taken, I doubt that management will be able to raise at the level I quoted still, but I’ll repost it anyway…
As for the Manas investment, I’m confident we’ll see a reasonably good return on it when it lists on AIM later this year. It is a shame that it has had the issues it has had, what with the boundary dispute, a couple of vicious winters, and what sounds like constant lack of funding to develop the projects… It would have been a great asset to reverse into us, but from what I’ve heard our largest shareholders have set their sights higher. Fine by me!
Enjoy your weekends all.
p.s. Aussie, come one. It’s not a scam. Just a CEO who might have taken on too many projects at once. A RTO will happen, and the Placing price will be at a significant premium to whatever the price is on the day of suspension. It’s just a matter of time. Admittedly, that time could stretch for a while yet!
add that as far as ldp is concerned that there has not been a great deal to say. It generally comes down to either lets hope sp rises or lets hope nothing happens and I know which one, I would much prefer.
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