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Yes, amazing for a FTSE to be this quiet.
Mind you, I don't help because I think this is my first post on this BB and only occasionally check on the phone but otherwise just wait and see as head well above water anyway and not many shares to make any difference. I'll hang around in case someone bids for them!
Essentially IRC remain lumbered with 240 debt through its wholly owned subsidiary and in turn POG. As RB says they need to get processing faster just to stand still. It's a bit of a mire these relationships but results can be achieved if they are motivated to do so.
We still haven't heard anything on the 'investigations' of the former directors (PH etc)
I guess the real motivation for the aggressive takeover action was to get their pile processed through the POX. . . I don't know what the rate will be and therefore how long it will take to get through it but the current BOD must be looking beyond that if they are to earn their corn.
Needs time and patience but it would be good if we could have some updates which is not asking a lot given the recently changed circumstances.
Can understand why they would 'fill or kill' to try and keep it at 2.4 but if you are wanting to sell some then why not just let the SP rise and dribble the sells on the rises.
Be that as it may, just can't see why anyone would want to sell just when it's starting to get interesting - Anus loss is our gain!
ASF,
I am amazed at how little is posted here!
I joined REDD in October 2019 when it was a £1 then so I suppose I haven't posted either in 18 months.
I was doing OK and the merger was not my preferred choice at the time because of the slightly smaller slice of the cake that we received.
After some thought I decided that some of the BOD were performers and that there would be the benefits from economies of scale etc and therefore held. Quite glad I did as things are being rationalised and it is a business that generates cash revenue quite readily.
I am pleased to say that I am comfortably head above water and the business is gaining exposure and popularity after being somewhat overlooked for a long while.
So yes, I believe value here.
However, today
Thebuyer.
Yes, pity we can't scrap the BB regulators - by anyone's measure, they are doing a bad job here
being so ready to suspend the good people on the BB just because the paid trash have found they can click 'report' and get rid of us.
To the trash, I say go k**s your R's good bye because you can report everyone on this board and you won't make the slightest difference to any of us - in fact it will only increase our resolve against you.
So there! Now where's my ban please ! !
. . . and what's VAL now ? 20 p ?
Surely they must be working together with the thought that they have to get everything organised around production, cost an debt reduction and best use of current and coming on stream facilities because their remuneration depends significantly on POG's health and share price after three years (subject to comparison adjustments). I remain invested in the hope that this 'carrot' should concentrate their minds but time is slipping by if they are to achieve that.
Unless there is to be a fudge of the target they have set themselves - or even sweep it all away.
I am prepared to see where we are on these points at the year end and any updates they may give before then.
Yes, regard it as a badge of honour! I wonder, was it the golfer joke that caused the problem?
The cool, calm and polite attitude of Aviz certainly rattled some in their green cage.
Yesterday, like never before, I saw 2, 3 and even 4 binned posts together in a row AND YET. . . nothing today. It couldn't be that these paid disrupters don't work at weekends?
Morning all. Been a bit quiet and most seem a bit cheesed off, not least because the 'radio silence'. But news will come - we just don't know quite when or how good/bad/indifferent it might be.
Shez and Smill are kind enough to share their informed views - others keep it to themselves... you have to be careful what you share these days!
I have a lot in EUA for over two years now, not a good comparison I grant you, but then it was at the same price point as BZT is now. The suspension and Formal Sale Process basically locked everyone in. . . 9 months so far and still counting! The spread and MM's have really been ragging it and the stress on the BB is very evident - must keep the Samaritans busy.
For me it was rather more of a creeping boredom so I came here in September last year at 0.3p so yes I am down but I am quite accustomed to that on AIM explorers, well on AIM generally.
So, as before, I can see where BZT are at, what they are doing and what the probable expectations are and presently I feel comfortable staying here. In the distant past I have sold my loss only to miss the rise and asked myself 'why did I do that'. Ever since, I have had much more patience. One has to be prepared to make an exception - like a quick exit from SXX, thankfully with a tiny profit...... manure in the ground just doesn't have the same appeal as precious metals! !
Time will tell. Happy Easter to all.