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totally agree Gibbo....... and maybe its not the high hurdle we think it is..... however, Pete has made it a condition of getting started........ and I am struggling to understand why he has not just tweeted "ratification complete"...... [if that is the case], to stop all this has it or hasnt it..... because revenue doesnt start until wsg start on the ground..... and we all think that is from september....... if its delayed, the market will react negatively....... or should I say more negatively because a hundred million plus contract has not added much to the market cap so far.......B
Anything below the latest placing of 5.70p surely is worth risking....and I chose to use the word risking only because the poor history of over promising and under delivering.....
Hopefully we will start to see the reversal of that performance....
GLA.
Well someone likes it - that's decent money going in there.
Yrabs, I think what you need to remember is that the DRC government have been heavily involved in setting up this contract, so it is in effect ratifying its own decision as I see it. I’m struggling to think of a sensible reason why they would spend at least 18 months negotiating a 20 - 25 year contract to change their minds a couple of weeks later.
Looks like you weren’t the only one adding. 3 x 200k all in the same minute.
Didn't someone else say the interims were due this Friday? Which is it then?
I added as well Dr Maccers. Interims are due but September should be a good month for news.
Liberia should come online for the additional $1.1 Million of revenues mentioned in the contract RNS. ATM ports seem to have been upping their game in advance of this with investment in 2 new reach stackers for the handling the cargo containers.
https://www.apmterminals.com/en/monrovia/practical-information/news-and-alerts/2021/210712-apm-terminals-liberia-celebrates-investment-in-port-operations
At the Port of Tema the civil works should be completed on the 4th berth and increasing capacity.
https://www.myjoyonline.com/mps-readies-for-afcta-and-building-capacity-of-tema-industrial-city/
The Democratic Republic Of Congo. 90 day transition period should also be just about up and operations are expected to commence afterwards.
Seems like the low is in. I added 200k this AM
Impossible call as always - some will have been wobbled by closing below the rising and Golden Crossed daily MA50 @ 5.3p but then the weekly MA50 is at 5.08p - a level that potentially draws in an enormous IH&S of sorts.
Anyway, we'll soon find out which way the wind is blowing - 9p/12p are the targets IMO if they've going to gun her up and >5.5p looks to be the green light from here to my eye.
for clarity, I know WSG have signed the contract but I assume it is not enforceable until after ratification..... which is a tad confusing as it makes you wonder what commitment you gain from the contract signatures....... so, is ratification ceremonial or could the greater power say "no"........... Everything to Pete is "a formality".... but we take that with a pinch of salt after IRAN....... B
agreed Bonker....... but Pete has a very consistent approach to small investors... [they are all traders and scumbags].... It may be why he constantly p155es us off with his conditional MSC contracts.... that are all based upon decisions outside of his control, yet he sets out milestones and timelines [ratification and start up in september], but then fails to say if they are met..... Tema is text book Pete and DRC is following same pattern...... Friday is binary.... he either tells us what's going on or he shrouds it in riddles .... usually punctuated with the words "meaningful and encouraging"........... and leaves us guessing whilst the SP continues to drift...... I will deffo buy more if/when it goes sub 5p as at some point he will sign DRC and the money will start rolling in...... just as long as the placements don't follow, this may climb beyond 6p quickly........... as you say its getting interesting again.........B
Morning.
Interesting again from 5p ...
Double digit jam on Friday. Get the toast ready
Friday is interims.
Can’t imagine it’s bagger news but if on for maiden profit then all good
Drop
Yes it's fun to be in not out of this imagine playing roulette 50 k in and you missed your DOP and it won
Sorry I've lost track - what's happening on Friday?
Woody: I agree with your first statement. Not so much your second.
This has properly serious potential. But I’m not expecting much on Friday. Slow burner. Too much history to be forgiven means that we need numbers, not words
This could turn out to be the best share ever big decision time on Friday
certainly worth another nibble sub 5p..... Friday should help set direction... quite clearly a multi/hundred million pound 20 year contract is seen as "Fooler fantasy" by the markets until ratification/start up has commenced.... many other companies would be given benefit of the doubt ... Fooler has form, so SP will only react once confirmation has arrived......B
Oh no whatever will we do? Cry?
I filled my boots at 4p. You sit and wait then. Confident of an enormous return from here
The Twitterati aren’t confidently filling their boots and clacking incessantly at these sub-placing levels??!
Hi ho hi ho it’s off to 4 we go
Foxxy,.... don't worry,.. even us rosey tinted LTH's have always known that you have a sense of humour,... why else would you be here!!!