Babbler2, I don't doubt there is medium term potential with the technology but until they show significant improvements they will have to raise more cash and dilute everyone here. They must have got through Β£16.75m by now and that doesn't account for any associated costs pulling out of certain markets if there is any. So lets assume they have Β£5m in the bank, how long will that last? They say Q1 2019 results are better than H1 2018 but that isn't much to shout about is it?
an RNS reiterating that should all resolutions not be passed then the directors will need to reconsider the viability of the company. That scaremongering would likely impact the sp negatively. We'd then see huge volumes and a later RNS suggesting a RTO opportunity has been identified. BTW that's a complete guess and just my opinion. Still holding, the drop seems harsh given the volume but I suppose we're now at placeing price. Hopefully it will only go one way now. Come on BOD pull a rabbit out of the hat for LTH's.
Maybe the rate they're burning cash and lack of news has something to do with it? Could do with a confidence boost by putting in some of their hard earned....it certainly has potential just needs a rumour of a big name deal to get things going... any suggestions?
Looks to me like the 3,000,000 was a buy and the other two combined 2,300,000 were sells. Healthy trades and interesting to see how this one develops. Certainly has plenty of potential. GLA
Unfortunately this is how ROI do business. The escrow would be pointless, ROI would just move the goal posts and steal more of the license if successful. They can't be trusted and if they're not interested in foreign investment then best leave them to it. Can't see it progressing any further. Good luck all with Colter, fingers crossed..
Maybe we should send them all a copy of the film Gold (2016). It's not as if this corruption hasn't been going on for decades!
Do the honourable thing ROI. Your country will be better with foreign investment.
All the best who's holding these. I also would prefer these remain suspended til conclusion.
Hi Mate
I've seen what's going on over on the lt & friends board and personaly I think it is bang out of order. I for one have enjoyed your posts and find others help to provide additional views. It's obviously not a friends board anymore and has been hijacked, so I support your decision not to post anymore. I wouldn't either! There are however a collection of sane individuals that enjoy your posts and have the same goals as you. I've seen other posters break away from the main boards before and setup a secure board elsewhere. Maybe this would be something you would consider and that would stop this sort of nonsense. If so I would gladly assist and I'm sure a selective number would enjoy also. All the best bud..
Thanks bud. Been watching CSH for a while. Kazakhstan turned out to be a bit of a nightmare for them, now an empty cash shell looking for acquistions in mining etc. Interesting that Michael Masterman has resigned as CEO of PO Valley Energy to take up a position at Fortescue Metals Group. Any chance you can keep an ear to the ground on any aquisitions in the next few months. Don't believe the current trading price is a good entry point but sub 0.40 will occur soon enough with no news. For the record before anyone thinks about having a pop I don't hold any CSH. Cheers
Thanks for the info guys, very much appreciated. Any idea on VRP or CHC first? I got out of VRP following LT's view of CHC which was great, just wondering whether VRP could now happen before CHC. Your views would be really appreciated. I hope you don't mind having another follower! Keep up the great works guys..
Cheers