Member Info for AmatraB

3 Times this morning I've tried to do a small £250 top up and there is nothing available. That's at market rate, so someone must be buying up everything that's available I reckon.

Likely get a double rise here. One when the report hits, then another a couple of weeks to a month later when the mining license comes through.

Then we've still got the other projects plus the gold coming out of the ground to look forward to. Could be a fantastic Xmas this year guys!

StMartins. Nicely put together. The need for an income stream is the main thing holding everything back in my view. It's hard to attract investment if it looks like the sp is going to be lower in the fuiture due to further raises. The ease and speed at which this mine can be set up, resoloves that and can also bring in much needed funds to further continue the Hydrogen plant.

I would fully expect a major rise in the sp once the report is out, followed by further large step raises over the next 18 to 24 months as the other projects start to come on board. The increase in the sp so far this week is going to look insignificant compared to what's to come. Time for us all to go make some money!

ThisShareIsFUBAR. I tip my hat to your post. I've done pretty well out of various U.S. stocks and even made a bit from occassional day trading over the last decade or so, but to make money out of AIM is a very selective process, which can be vary rewarding if done right. I agree totally with you there. That's why I only have one AIM stock in my portfolio and invested a high 5 figure sum in it, with the foresight to wait it out.

The advice you have put in your post is straightforward, but insightful. Study your potential investment and don't sell out before you're ready. For me, there are a few good reasons that still hold true about this stock, but they're reasons that I won't share, because I don't wish to influence anyone elses research and decision making. May you continue to well in your endeavours!

What a superb week! Been waiting a long time, but things are finally starting to move. I've been here a long time, so I'm still down a fortune, but that is rapidly turning around. I knew it was going to be a long haul and it's time to start enjoying the best part of the ride.

We've seen a few flurries here in the past, but this move is consistent and not stopping! Nearly 2 bags from Mondays price and we've still got the report to arrive on Monday. So good luck to you all. I don't are if you're rampers, trolls, happy or bitter and twisted, I hope you all make a lot of money in the coming weeks.

Now the train is moving, there are lots of pieces of news coming as each of the projects progresses, with each piece of news throwing more fuel in the engine. Let's make some money!

The biggest worry for me at the moment is us getting kicked out of AIM due to the costs involved. It costs around £220,000 pe annum on average to continue listing according to the QCA;

"The average cost for a company to maintain a listing on the Alternative Investment Market (AIM) is around £220,000 a year with related costs driving this figure many times higher, according to the latest QCA/BDO Small and Mid-Cap Sentiment Index of small and mid-cap quoted companies and their advisors."

That's a lot of money on top of Salaries and running costs.

Really do need to see some evidence of something to pull us out of this downward spiral.

TBH, there are so may possibilities here, that have been slowly moving forward in the background. A look at the timeframes, which we've been told we are meeting, means that some decent upward price movement is now visible on the horizon.

It's going to take a hell of a lot for many of us to get into profit, but once this starts moving, I think it's going to take off like an express train and keep going.

Once again, it looks like we are about to start at least one of our construction projects "Additionally, the Directorate of Alternative Energy of the Government of Sindh extended the validity period of our Letter of Intent for the development of the 1.3 GW renewable energy power plant in Jhimpir, Sindh, to 23 January 2025."

Time for boots, materials and construction kit on the ground. It's all getting much, much closer

Found it. In the last presentation listed in the newsroom area of the website (Dated Q2 2024), the plant is shown to be up and operational during 2025 to 26. Being as building a plant of that size is going to take a minimum of 18 months. that would mean we should be starting anytime around now.

Also, in an interview with Naheed, The Sheik and the online magazine H2 in April 23, Naheed stated that they are aiming to complete FID within 18 months. That is more or less now. The Sheik explained that the company is committed to make it happen.

If that is happening, then we are due a couple of bits of major news any day now. If not, then we deserve an explanation why not.

I've been searching the website, but I can't find the project timelines. I know that there were some done. I wanted to check the one for Hydrogen, because I'm sure I remember making a mental note, that in order to meet excpected timelines, we would need to start physical build at the start of the finaly quarter of 2024. Being as that is only a couple of weeks away, it would be a good sign of how things are going.

I too, bought in a couple of years back when it was a lot higher than it is now. So like some of you others here, I also need it to rise by a lot more than 1000%.

I'm still here though, haven't sold out, and even after all the dilution, I still hold a little over 0.23% of the company.

Keeping the faith

He is 70 or 71 now and was only put in the position temporarily in 2018. Maybe he's just retiring?

David Lenigas did a superb interview at the end of last week regarding Riversgold and the Northern project. It's all pushing forward there. He's going to be pushing news out constantly for the next few months. All good!

https://www.youtube.com/watch?v=8GlRIXS9L28

Can't help wondering why we would need an extension to make the decision. Waiting on another piece of news perhaps?

Yep, the season is only just begun over there, so it would make sense that they get as much done as they can between now and end of Q3. We shouldn't be too far away from regular updates imho

Https://www.radio.gov.pk/17-04-2024/pm-invites-shanghai-electric-group-to-further-expand-its-coal-mining-projects-in-pak*****

I can't help feeling that we've already passed the point at which we would have done/needed a raise. I take that as a good sign. Looking forward to find out why. There are many of us who need a minimum of 10x, just to get back to even.

My worry is that now the sp is moving again, expectation is building and if it comes to nothing other than another raise, the market may never forgive the constant destruction of the sp to this point. The repurcussions would go through everything we try and do in the future, with no one willing to trust us. Seen it before and it's a slow death.

On the bright side, a piece of good news could give us that 10x, which may be just enough to save us. Things have been dragging on for far too long. Come on Naheed, pull it out of the bag!

That's exactly what I had been thinking. Or, something which will make the SP rise, making it easier to do the raise without destorying the price.

I bought in a couple of years ago for Thar and like many of you, I'm seriously down on this one. I currently own 10M shares and am down over £20k.

We always knew we would be in for a long haul and that there would be a possibility of the sp dropping for a while, but this has got far worse than I ever expected it to. I've tried to stay positive and am still giving it my best shot, but it is only because it is now at the point where there is absolutely no point selling at this level.

There is no way I'm going to be buying into this any further.

Because we haven't heard from COP28 I reckon.