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You lucky beggars, treating yourselves to a Black Friday-eque sale in our coveted company’s shares - as oft-repeated: it’s an asymmetric bet from this level - not much downside, but, by gosh, a tremendous upside with that PEPR and finance.
Nice one Preston...... might have to follow DVH and average down more...........
Yes Fira, you are certainly right about still being underwater with my investment here, but the good news (for me) is that my average is now down to 0.42p. I remain hopeful of making a profit from that level but not at the level I hoped/expected when initially investing here back in 2015!
It's currently all about;
https://www.youtube.com/watch?v=2H4_7DF70_w
I dont know about "greedy" but he is paid well and in my mind he should have refused the bonus he got as the problems started, regardless of what year the bonus was from.
I will of course (and im sure other will) forget about that if he can turn this downward spiral around.
I bought some yesterday as I agree plenty of upside from here.
Prop good luck let's hope Santa's sack is full of good stuff !!:):)
Fira, JP is and has been for a few years an inept and greedy CEO! You are right in that there has been ongoing discussion about the relative upside and downside of an investment here based on the prevailing share price at the time. The point I was making today is that we now have a mcap of £6.6m, the lowest for a while, expressing a view that at that level it has greater potential upside than downside IMO
Can the gravy train procure a wee bonus for our overworked BOD.Soon to be on their 6 months Christmas holidays.
Only 2 people called JP correctly,DJ Ryan and JP's brother,he looked at the shifty character in charge and bailed at 2 whole pennies.
5p by xmas.
haha Fira, love poking the hornets nest lol
Wouldn't disagree with any of the comments you list from a previous post. The point I was making, if you read a little more carefully, is that the current mcap is potentially very cheap with a limited downside and potentially significant upside if, for example, the BoD is able to secure the LCCM PEPR. Time will tell....
Hursty ..of course there will be PEPR , salt and PEPR.... https://youtu.be/vCadcBR95oU
Jp push it real good
and yeah DVH...coiled spring.... https://youtu.be/6DV-ZH5-PZo
Coiled spring turnaround....
So great to be invested here..... So much upside..... I think I wan to be zebedee :)))))
I understand the fundamentals as we have been told them DVH. It is just that the Market does not believe what they have been told. If it did would we be at this mcap?
What happens if there’s no PEPR
I’ve put up two: one for Redmoor, and one for LC.
Lupidog mines up tonight ready for news tommorrow lol!!:):)
Well Lupi, the way I see it is that the current mcap of £6.6m is potentially very cheap. We have Redmoor, when we get the PEPR, whether we can finance production ourselves or not, Leigh Creek will have a value (look at the published figures of the coppe in the ground), we have cobre which generates sufficient income to cover our overheads costs (14 years magnetite stockpile at current rates of consumption) and we have group cash. Downside is minimal from here but potential upside is huge imo! Anyway, off to the gym and will log in later to see if we have any price movement today!
I applaud your Xmas optimism.
sml is like a coiled spring atm. PEPR is the catalyst and once approved the share price is going to rocket. Current mcap of £6.5m, supported by regular & secure cobre income, will be blown out of the water. Christmas come early....
Silence. Everybody must be busy putting up their Xmas trees.