Share Price27 Aug 2015 14:09
Emed the company, and the way they have inadequately delivered newsflow the past 12months IMO is the main driver and reason why we find ourselves sat at such a poor share price. To solely blame the current copper price and ignore the companies poor communication of positive news and key milestones reached is either naive, ignoring the facts, or plain stupid ....In some cases it could be all three ! Emed and it's management have failed to make the most of a number of key moments the past 12 months IMO. Is this due to their own inabilities or has there been some manipulation going on in the background. For those believing there may have been an ulterior motive behind our SP dropping so steeply and the Big3 and the addition of a new 4th party to purchase the majority of the huge amount of additional shares that were raised, now have been gifted with the opportunity to purchase shares today approximately 20% cheaper than the placing most of us, and I include myself, were complaining about at 4.75p. For this reason and my belief the Big3 will now be happy for future newsflow to be delivered I am a buyer at today's prices. However I and most certainly nobody else on these boards has the given right to tell people to buy, hold or sell ! It is our own choose, our own decision on what we do with our shares, and we should respect others decisions even if this differs from our own opinions. I am of the opinion we will start to receive positive newsflow mid Sept, with additional positive newsflow continuing in October after the analyst visit. I may be dumb and daft as some have suggested, and only time will time. I believe there is the potential for some very positive newsflow to be delivered. I hope Emed will deliver this newsflow to the market in a professional manner, which they have failed to do the previous 12 months. This is what I am gambling on. The copper price is where it is right now, and although not ideal, Emed as a producer will still be able to make a profit at these levels. There will be many current producers that will be forced to reduce their production of copper, and there will be mines that won't be able to continue to produce if copper continues to fall. This will reduce the level of supply, which in turn with stronger demand, will increase the copper price in time. Many seem to be missing the point that China is still showing growth. The fear is 'being caused' as this growth is nowhere near the 7% predicted by some analyst. But, it's still Growth and I personally still see demand for copper at either the same levels as this year going into next and beyond. The worlds consumption, IMO, is not shrinking, but there may have been excess copper being produced. With current copper prices there may not be much excess, which will increase demand and should reflect in stronger copper price - which could potentially benefit Emed yet. This is now down to the company more so than ever to show the investing world how professional they are !
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