1. £1.5m Cash in Bank 2. Exclusivity deal on Aussie Minerals investment imminent 3. Large respected ii's taking 75% of shares along with Directors = Only 25% freefloat 4. Shareprice bottomed out and priced to fail = Plenty of upside
This past week we've seen the shareprice go from 0.06p to close at the high on 0.11p Friday. Very good sign. There are few shares on AIM where there is such a good Risk Reward...
The downside is that the deal falls through, interest dwindles and we fall back to 0.06p over the next couple months...The upside is that momentum continues, the investment goes ahead and we rocket towards 1p.
Thats less than 50% downside compared to circa 1000% upside :)
Good point coli and you're probably right. I wonder how long they'll stay invested and if they themselves will be looking for 2 - 3 times their return? Given where they are located and patels often traveld to I'm betting on there being a link of some form hence the lack of info on casop although we do know bits. Australia deal? Going to be interesting to see what happens here and how it pans out. As with all these things its easy to look back and say should have bought more at bottom price but given that Patel's reputation as a top man was advertised and given the location of casop.......I'm sure he'll have people he knows in there better than just business acquaintances.
evening all.......great to see this bb (and company/sp) come to life again with some positivity for a change, instead of the 'this is going down...they're doing f**k all for their wages.....taking the p*ss....'...etc, etc.....all throwaway comments with no factual evidence to back it up......tiresome at best..!!!
Uhuru and Casop and their avg (0.48ish when they first appeared on the scene) has been mentioned in several posts over the last few days......I'm almost certain their avg is now a lot lower than that....any long termers in here will remember the 2-3 week period last year when there was similar volumes (often higher) to the last few days, with the bulk of them being AT's.....pretty sure that was driven by Uhuru/Casop to bring their own avg's down without triggering any threshold rns's, so worth bearing in mind when trying to guess where the sp needs to get to before ppl think they may cash in.....!!!...not trying to rain on anyones parade here, far from it, I've been invested in here since march 2012 and am as keen as anyone to see how this all unfolds, but thought I'd make everyone looking in here aware of the lower avg's of the main investors than has been mentioned this week..... Looking forward to the next few weeks here and wish everyone, particularly the long termers, the very best of fortune....bring it on...!!!!! GLA
Minerals in Australia might be a very interesting move for them and just wonder what/who patel knows over there. The announcement should be bloody interesting as I get the feeling the guys at the top been playing it along and purposely quiet in the last year letting this go as low as it did. They'll have had their reasons I'm sure ! When this goes above casop /Uhuru levels I wonder at what point they'll check out or if they are really in there for a multi job themselves having known all along it ain't going down or bust and from the very start and they'll pick their time to sell. I don't think they'll want to make 10% either ! Try 50% to 150% given the time they've been in for! My opinion ,.....I think behind the scenes Patel unofficially in with casop people! His side of the planet...he's out there dealing with companies and contacts in Australasia and that includes even pgmm. Singapore Australia the lot. I think casop will sell minimum 1p plus to get the right profit for them but it'll get there and some if there's any link at all and I suspect there is. Just my opinion but no smoke without and all that. Best of luck to all holding here.
LDP Has played it really cleverly here for holding onto the money and ready to go into a investment at a perfect time
Respect to them for not investing in a rush 1 year ago or even 3 months ago when everything has dropped over 50% . They have chosen now as the perfect time to invest and would gain a Immediate 50% increase as the markets are showing a bullish run
Yes it's been an encouraging week not just because it's doubled but we know now that we are alive and kicking, many were fearing the worst like the last ldp but this feels like a new company just starting out and looking at the chart to me it looks like the beginning of a break out very similar to the last one we had here when it shot up from .08 to .89 in amatter of weeks on the manas deal.yes it's early days yet but when the news comes this can shoot real fast and by the time you've finished your breakfest you'll be paying .3 or .4p or much more just to get back in, don't forget the big boys paid around .45p I think when they came in so will want their mony back and more.this is not a ramp but my honest opinion been here along time and maybe it's'pay back time.defo multibag me thinks.gla.
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