Member Info for 993444

I have largely stayed away from this board in recent weeks but having just read through the results I am, to say the least, a little peeved. On what planet is CP worth a salary of £175k? I would have been happy to see him taking options and drawing a reasonable salary, 80/90k? Based on the fact he does not work full time for LION. But £175k from a business that has lost £860k for last 2 years?

There has obviously been no Tally income otherwise they would have broken their neck to point it out. So the company needs another £850K in 2019. Time for salary reality CP and time to sell one of those gold mines to fund your Tally dream not more shares..

I am quite frankly stunned. I really expected more... I only have £12k in here so can accept the loss, but for some!

Right, back to my other shares that thankfully make money..

GLA and hopefully my rare negative comments are wrong..

I thought information could be released out of hours as long as a RNS was issued before the markets reopened?

Nice to see the directors adding more skin to the game, especially given recent II selling.

Yep, somebody dropped 10M shares this morning to try and push price down and then bought them back when the price refused to fall too far... somebody knows news is coming and is trying to pick up some cheap shares...

Hold onto your wellies....

Bobtree the MMs are happy to manipulate every stock! Every board I go on has the same complaint. The guys at BMN are actually recording the transactions and looking to provide the evidence to the regulator, their games are terrible.

They are supposed to create a competitive market and allow buys and sells to occur efficiently but they sit in the same rooms as the big buyers and sellers so can time their shorts and longs to maximise their profit. They probably send trolls onto the boards to build up selling or buying demand and dump all over traders. Cannot prove that one but is just so obvious at times..

The easiest thing is to not worry about their games and just hold good companies that will grow in value like WRES.

Nothing new really, just restating the exciting opportunities they see coming from the Comarco loan and tie up. The full 2018 figures will still not add anything new either really as the fun starts now..

I guess we need to wait for news. They would have not suddenly turned into a bank they clearly have a strategy lined up and in the worst case scenario $1M cash in the bank in 2 years and attractive cash flow in the interim.

As MJ said earlier we just have to wait and see “if” the expected news come. There is a plan but as anything in life it is never a straight line GLA

https://on.ft.com/2AWUarG It is a guest link to the FT about the FCA looking to ban them. Good riddance I say they are one step away from a betting office and lure silly people into gambling on asset movements.

Only posted as there was a little debate about them yesterday on this board...

Its coming..... taken from RNS:

An operational video, presenting the first blast of ore at Uis, will be available on the AfriTin website in the coming days.

As the ticker implies, this is going to be a little money distribution machine....

They are looking to get to 5500t by early 2020 and 10000t by 2022 and then who knows
They have over 70 years worth of tin just in current mine that’s without the other licenses recently bought
They are in the lowest quartile of cost base
They are in a country who values them, a minister turning up to blow up a bit of rock tells you that
Tin is forecast to go to $25k per ton by 2025 when the flippening occurs and more electric cars are being produced
than combustion engined ones.
Tin is the technology play

I could go on...

Welcome on board BJ & Serenus.

You will find everything shows a sell at the moment as most purchases are below the mid point. No idea why the MMs do not show real spread

Right on track.... first shipping of concentrate and JORC results news very soon..

Excellent time to get into this stock right now

Thanks for that K3, had not realised that, Still £1.6M for £1M cash and an exciting business

As a newbie, if I am missing something please feel free to educate me, happy to learn more.

according to HL. Still a big jump from yesterday.

Hoping to buy more later this week as the more I look at this the more I struggle to work out how it can be worth less than the cash it has (including the solid loan to Comarco), seems crazy.

All I see in Comarco is a brilliant piece of the puzzle allowing the import of bulk agri to build Africa's farmers ability to grow more crops to increase sustainability and import and distribute the crops shortfall until internal gap is plugged.

They need to bring Comarco into group, 51% or more ownership (by turning the loan into equity?) and buy a controlling interest in the Agri part of the group imho.

This could really explode

Still decent holdings FT.. don’t put yourself down. GLA

Another group of 3, although smaller this time, 140k times 3. Hopefully that is them done..

Not a lot we can do about day to day share sales. The real long term value of the company is driven by earnings and profit which do not change just because the SP drops.

In truth the Ask has not been 3.30p for days and the real bid is probably 3p.

Good time to buy? Yep...

Thanks optimist.

I am intrigued to see what they announce next, purchase of the controlling interest in the Agri business or something export import related with the Comarco tie up?

I will keep nibbling away whilst sub 0.55p with little bits that come free as I do like the SA play at the moment it is an exciting area

My daft £500 second buy at 0.39 today has not shown up, maybe that was what pushed it over the edge lol...

22% spread?

3p here in 12 months (as long as nothing really stupid happens). and a very exciting 2/3 years thereafter.

Most miners are way under valued, even more so junior miners, so all get pulled down but the likes of Wres and ATM that are near production are at bargain prices right now.

Still big holdings, especially in BMN. Good luck to us both...(and every other shareholder of course)