Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That's pretty much it a nutshell GGG.
You'd think they would getting the message out there, that things were good, they've timed things well, we are rewarding our investors, but the square root of jack so far. All incredibly frustrating.
The IPD (Investor Prevention Department) as usual seem to be more active than the department employed with creating investor interest and goodwill.
I got rid of half here due to continuous missed timelines, as far i'm concerned the clock is ticking on the other half.
Everything on paper from what we know, points to this being under-valued, but considering last September the BOD where very keen to stress they knew about investor frustration, they have done very little to justify those comments. For me if in two weeks we haven't had detailed info on the Dividend, Clearwater and our margins and what the bottom line is looking like, then i'm not sure i'll stomach this anymore.
What i'm saying Doug, is Market Mechanics, mean very little to the vast majority of people who seem to be involved in the markets.
Its now swamped with gamblers and chancers, there doesn't appear to be a large percentage of people who have the patience to invest. The ramping online brigades seem to hold sway on many smaller outfits, hopefully COPL can leave that behind and become a far bigger outfit, that does attract, real investors.
I already hold a fairly decent amount (20 mil) but the market mechanics i've witnessed recently just baffle me.
When i started out investing, 90% of those i came across, did just that invest, it now seems to have swung to 90% just want to trade and gamble. Often on the back of some online prodigy/guru, selling them a story on Reddit/Twitter etc.
I hope i'm wrong it opens at pennies and keeps rising, but as time moves on and i witness what goes on with other shares of a similar price, that an opportunity to get in with more, for a longer haul will present itself.
I'll say it quietly, i dont think Joey's estimate at the price this returns at is that far off, not that i dont think the company valuation should be higher, but alot of people will have doubled/trebled their money, consequently alot of people will be looking to get out in the first week back, regardless of any positive newsflow between now and then.
However, seeing the reaction and dedicated crews pushing 88E last week and UKOG this week, its does make you realise whats possible when you get wind in your sails. I still cant get my head around people buying 88E last week at 4.5p, on a drill that had a 37% of success. I've not looked at UKOG in detail recently, but i'm sure fairly sure when i looked at them before Christmas they were going to need funds by Q2/Q3 this year, so i assume that's rising for the customary begging bowl.
COPL still has hurdles to cross, but in comparison to some other hugely traded shares, this really ought to have legs, and if it does open and trade in the 0.7/0.8 range, on return i will be looking to add consdierably.
I've spoken with them this morning, they will be sending out a new letter in the next couple of days.
They have received updated detail (she wouldn't say what that was) yesterday, but basically they will be acknowledging that they will hold the shares until a further announcement regarding enlarged company.
If you talk or write in an aggressive manner (and you surely cant deny you have taken an aggressive tone with your postings), then people reply in kind, to take that personally and call it bullying is not right in any language you want to compute that in.
I would say you have directly bullied the CEO of this company, i wouldn't need to trawl back far to see comments of a personal nature hurled at him, so lets drop the most over used word (outside Covid) on the planet right now.
Why is it that those who are the most abrasive, are the first ones to use the term bullying when it suits them?
All debate is welcomed, given the CEO's history, caution is always something that should be exercised. However some of the skulduggery claiming the shares wont come back, people have done their money - will understandably create an aggressive defence. The CEO has a past of not always getting it right, but in Atomic he has played a blinder, yes one eye should always remain open on "what could occur" Caw-caw - but for someone who has taken straight talking to a new level these last few months, the bullying claim is as best a cop out.
So Caw-Caw you think another placing (short-term) is distinctly possible, but are awaiting an upward spike to get out.
As far as defending LB goes, i filtered him a long time ago, he is clearly no more than a wind up merchant who has nothing better to do.
Calm down CawCaw such a drama queen at every announcement, you are like Meghan Markle on speed.
There is a list on unknowns, only time tell how positive or negative they prove to be, but the usual ****ging Art off without knowing the full details is the usual default.
Anyone want a bet me, HSBC are involved in the bookbuild?
Institutions rarely take big stakes in companies like this weeks before a placing. Just interested to know the price they are hoping for, 0.35 would keep everyone happy i suspect.