"The Pilot Plant identified the presence of several +100 carat stones, which unfortunately were all broken during the recovery process". One would have expected that, after several years and God knows how much money spent on modifications to the Pilot plant, they would have at least managed not to break ONE large stone. Apparently not.
You are not reading the posts correctly, and you are not being fair ! De-ramping is what people do to buy in at a lower price ! I think if you read the posts again, these people have sadly lost a lot of money and have sold out! They are not de-ramping and have no intention of coming back. Some OF THESE guys have waited 3years to make a profit and ended-up with a hefty loss ! Sometimes a little consideration for others goes a long way,! As you are aware most FDI shares are with the big boys, talk by us little P.I.'s will not alter the SP, there that should make you happy !!
5 months ago a top up at 2.25p appeared pretty risky today I can SELL that top up at 2.95p but will I ........ nah ....... not a bad return if I decided to SELL but FDI have a lot more to offer than what I've read on this BB ....... alas , the de-rampers obviously didn't BUY at 2.25p since I remember them de-ramping FDI then exactly as they are now ........ what a BB ...... lol ...... full of losers if you ask me .
Originally bought in here immediatley following the 30% drop when they had their computers seized by the Rozzers amid rumours of fraud. Was expecting it to recover this drop and steadily increase but after several months of watching...and waiting I sold up and it just ocst me my deal fee. I hope this pays off for all you long term holders that have bought in higher than the current SP but I cannot see any forthcoming news that would cause the share price to rise like other AIM stocks given the risk PI's take investing in these companies. Topped up in FRR.
Taken a big loss here, at least big for me, been in for about 3 years, I can't see this Co going anywhere anytime soon or even in the next few years, hopefully for those still invested I'm wrong, GL all.
I always check back here to see if this company has sorted the finances which it hasn't!!!
But your posts are A* they bring some humour to the board with a touch of reality warning would be investors of what is to come, mainly share dilution or even the company taken private.
Having personally lost 6K in this dag after buying at 31p then selling at 2p it really surprises me that people continue to buy after such poor results.
Thankfully I made my money back in FRR and that is my main holding. The BoD over there are just as bad as the ones here but over there at least progress is being made even though it is at a snails pace.
Not ramping FRR but expecting fireworks there pretty soon within the next 2 years as we potentially prove that Block 12 holds 18Bn barrels of oil. That's more than BP's entire portfolio!!!
I will be looking to buy back in here once I cash out over there as prospects here are still good even if we don't have the finances :(
I reckon by the time FRR prove up their 18Bn FDI will just about be a good investment as finances should be in place and production on the way up!!!
If finances are raised through share issue I expect this to drop to 0.5p then positive results should make this a good recovery play.
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