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With the delay, covid-19 has caused, it's good to have this guidance, Risendshine,.....the run up to Christmas, should be interesting.
BW
Excellent breaking news Wraith! Looks like peeps better start taking their positions again. I think most peeps sold up with the intention of coming back when the meetings resumed but the SP wont stay down for long leading up to the meetings starting up again. I expect that after news starts to come out of the meetings thn the herd will arrive....exciting times for LT Cloners ;)
Cancelled meetings, expected to occur, by the end of this year, with reference to Tano 2A Offshore Block - Ghana,......as indicated, in PET RNS, yesterday;-
Extract:
" In recent weeks the country is re-opening from lockdown so the cancelled meetings are expected to occur by year end."
Source: https://www.londonstockexchange.com/news-article/PET/interim-statement/14691818
BW
Can't believe how low this is still priced with everything due to come soon!
Cheers Ray hopefully by the end of the month (week) I’ll of at least made losses up on COPL and then hold something quality like this long term and be in at the bottom!
fair enough sam, just watch out for the new posters over there and dont hang in there for too long...imo
Massiveray I hope I wasn’t spiked, I think SYME is undervalued for what they have and are due 5 RNSs by the end of the month which is why I bought in, this is the share I should never have sold! As I’d still be up on my initial by in!! I want to get my capital back ASAP and then come and load up here! And May also trade COPL for the PSC but think it will just be 20-30% not as much as I thought and I couldn’t watch it drop any further, think COVID stocks are the way to go going into the winter now
@sam, I'd be careful over at syme... Also, you bought in on a spike again!
Agreed MR, ratification is a fundamental change for this company and will change from speculative and draw in demand for shares. Imho we should see a spike and then further spike on farmin. We also have Bolivia ... and by default I have invested in a lithium company but this is not something I am focused on and don’t understand yet the value of these medium
Sized salt pans that officials have told them to focus on. However, given the demand for lithium and the fact Bolivia have 50% of the worlds lithium resources this should be upside for the sp not yet priced in, whatever it is?
as it stands our mc is a £3mn, throw in a ratified PA and £3mn is obliterated..
Not sure ratification will do much... an excellent farm in deal should do the trick though
Thanks Harry, I know it seems to bounce currently between 0.40p and 0.50p atm, I do feel when ratification lands all hell will break loose here and it won't be at this level ever again, at least you can say at this level it's a pretty safe investment! That's good you were in on the last big rise though, hopefully the big rise does come here (once i've moved across funds haha)
Sam - I have no plans to buy back in here (yet)! I'm heavy into SAE at the moment and awaiting a potentially significant SP rise on the back of the awaited news there. As to CLON, I'm just disappointed at the continued lack of, well lack of anything here! I've been in and out of here twice over the last 2 years, both times making profit whilst nothing fundamentally changed - I just happened to be in a the right time before the MMs decided to play with it and see how high they could take it on no news. I feel that once again, the SP is at its lowest and can only go up from here but whether that is on actual news is anyone's guess
Harry out of interest are you planning on buying back in or have you already?
Seriously , how long can this wait continue??? Parliament have ratified other agreements and licenses in the mining sector so why not here? https://www.mining.com/cardinal-resources-ghanaian-mining-licence-ratified/
This is a good detailed explanation of how the system 'should' work:
https://www.lexology.com/library/detail.aspx?g=d58f3cc7-aeb8-4efb-bc83-0555c41a57b3