Wahooo up 12% Im rich .............. er not, but its a step in the right direction
28 Nov '13
Not exciting reading but Tony remains positive - all is not lost, seems to be a 'going concern' still. RNS spells out exactly where we are with all our projects, succinctly and in an orderly manner. If you are looking for an investment here personally I think you might be better trawling the universe for a Black Hole to put your money into at the moment. It may jump up and down 10 -20 % occasionally but the spread kills any trading IMO. It's a big Hold for me - peanuts to sell.
28 Nov '13
6 month report
Just had a read of the RNS, pretty much valued at cash and looking for a new project. WIll keep an eye on this one but not tempted to invest just yet
26 Nov '13
Yeah good luck Dextus, probably is worth a punt at this price based on cash in bank alone. Current projects probably are worth zero at the minute. Not sure if anything is going on in the background looking for new projects but even if there is, it will be effectively starting from scratch again Wont be getting any more of my money, I've moved onto other shares that seem to be doing ok at the minute
26 Nov '13
Thank you Skiman for you good wishes and generosity. I think it is worth a punt. The current share price fully values the cash but values the projects at zero. There is a saying going around at the moment and that is that a million pounds in the bank for a Mining company is worth £10 million. Well TPJ have a million in the bank. My guess is a reverse takeover to gain the listing and then a cash call for new projects. With the cash and listing plus a little for the assets this is worth at least 0.6 ,double!!
25 Nov '13
Well good luck to you and i hope your punt comes off,, i still look in here from time to time as i do have a soft spot for tpj but sold out some months back as i felt the Bod let us down with a air of complacency ,, was in here a few years ago and felt it was going places,, Frazer was a good man for this company but he left and it started to slide,, but you never know,, takeover ,, merger or another venture but not tomorrow ,, good luck to you,,
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