Member Info for Bigbaddaz

I am sure XGC and Orion would want a little bit more than our current SP ! ;-). Both have been here a long time, which is extremely positive and shows they had a long term plan in mind when buying in. Both have a current average of approx 8p / 9p. It wasn't that long ago, Orion purchased a chunk of their holdings at 14.8p. And let's not forget Alberto opened his own wallet and purchased 1million shares at 7p just weeks after taking his position in the company. I have always kept this in the back of my mind irrespective of what the SP has been doing. Alberto had limited information to hand when he made his purchase, but what ever information he had made him commit his own cash at 7p within a matter of weeks. I take great comfort from the fact XGC, Orion, Traf and Alberto have far more knowledge than I do with regards the asset we are sat on and it's value and they have all purchased shares at a far higher value than our current SP. Just a matter of time now IMO ;-)

There is so much newsflow stacking up to be realeased in the short term that could really give our MCap, and therefore SP, some real momentum. Short term we can expect news of the finance package, greatly reduced capex & hopefully an extremely positive resource upgrade. And we could hear about the news of first blasting, as early as thisThursday, if the local rumours transpire to be correct. And on top of that price of copper is strengthening and I am sure we will start production much sooner than forecasted. All starting to look very good, finally ! ;-)

Last weeks gains have held well. The good news is the gains were purely down to buying pressure as no news was realeased. There are local rumours that the first blasting takes place as early as this week. If that is the case and we receive any positive newsflow it would be reasonable to expect us to comfortably break into the 5's +

...... And the 3p H was predicting ! ;-)

I wonder if Rumbo will feature in any way with us raising finance. We entered into a 50/50 joint venture with them for the Gold & Silver in the tailings. I wonder If Rumbo would be interested in our half of the JV to own all the rights for the Gold & Silver, and if so how much finance this would raise. Just pondering ....... ....... The likelihood is that all the funding will come in some form or another from the Big3 but I do wonder if AL is exploring other options, and that Gold & Silver sitting there will be worth a few quid ;-)

deedee there are many things that need considering when trying to calculate a real value for our holdings. The cost of the finance, in dilutive terms, is a very important factor and the 'only' one the market seems to be focusing on presently, hence where our SP is currently. I do appreciate the importance of good terms in the upcoming finance package but the market is purely focusing on the negative side of the dilution it may bring and is not allowing for any value that will be added. Personally I think this will change very quickly once the finance package is secured, announced and the uncertainty has been removed. This uncertainty in itself is a drag on the SP. Once the finance is in place the value of, not only the copper, but the equipment, infrastructure and mine itself can begin to be priced in. Add to that a resource upgrade, which I personally believe will add tremendous value ( I am expecting the current drilling results will add at least 50% to the known resources and the grades to be higher. This 'should' double the SP on announcement). The price of copper is rebounding nicely and plays a very significant part in adding value to our shares. I believe we will see $3.00 lb at some point this year, and that will make a huge difference to our M/Cap and therefore SP. We must also not forget the JV we entered into with Rumbo for the Silver in the tailings. The value of the Silver was estimated at around £100 million.There are obviously costs involved in the removal and processing of the Silver and without checking back I believe we entered into a 50/50 JV. Therefore the Silver will not add £100million to our MCap, but it will add value. Slovakia hasnt been mentioned as all the focus is currently on the financing, but this will also add some value at some point in time. There is so much potential for considerable value to be added, but we first need the finance in place. The market will then remove the uncertainty and I personally expect good gains over a period of time. Within 2 months you asked ......... Difficult to answer as I am focusing further down the line into production, when finance will have been announced aswell as the resource update and the commercial production of copper will be a reality. This will start to generate income. I must add I believe the resource upgrade is as important as the finance package itself ! With finance in place, no resource update, and copper price as is today surely it would not be unreasonable to value the plant, equipment and infrastructure anywhere in the region of £200 / £250 million. Therefore today, 'with current shares in issue', an SP between 13.9p / 17.3p. I am sure Traf for example would love to be able to complete a full T/O at that value, but I doubt that would be enough to convince XGC / Orion to part with their holdings. Traf paid far more than this for one of their local mines not far from PRT, and that particular mine doesn't have anywhere near the production cap

deedee, perhaps best to ignore the trades this week (buys and sells) and not read into them too much. IMO, these trades could be attributed to Bed & ISA's.

Malkis, you don't actually physically lose any shares. The amount of your holding will remain the same but the value of each share may be reduced. It is not possible to work out how this will effect the value of our holdings yet until we know two things : The amount of new shares to be issued and the cost of those shares. It is not unusually for placings to take place at a value higher than the current SP.

I think sentiment is about to change here. The 2million buy was no PI having a punt pre finance announcement ! And there have also been a good number of other chunky buys the past few days. Expecting news to be imminent.

Unfortunately It isn't ! The Rns tells us we didn't have sufficient working capital to continue operations and 'get us through' the next 12 months ! We have again increased our debt. Very disappointing. We seem to have great products but we simply do not sell enough units at a decent profit margin. I will not make a rash decision here and sell up but i am starting to accept that I will not get close to even break even here. I fear our competition are far stronger than us and clearly have a greater sales team. We also lack considerably in the PR department. I am afraid next year in basically cruch time. IMO we are now reliant on the Double Decker being a success. Not a good position to have to rely upon one product in what I believed to be our great portfolio. Rant over, I am very disappointed with Optare and today's Rns. I remain in hope but do not feel very optimistic about our future.

We need a higher volume of sales with a decent profit margin and our PR team reporting them to get this share back where it should be !

Boom ! ......... 50p by tomorrow afternoon.......... Wouldn't want to be out of this at the weekend ........ This will fly.............only a small amount of free shares in issue .............. My mate tells me #####, can't say too much .....................Sorry Allex, but you got me all excited there for a minute mentioning The Rampers visiting here again. It's the only time there's any excitement with this share ;-)

If they are, I wouldn't recommend you hold your breath waiting for our PR team to inform us !

Snaffer, post made me smile :-). Not a lot else to smile about here !

........... surrounding Optare. I heard that we had appointed someone as marketing, press and events manager. I also heard that we keep adding 'experienced' members to our sales team .................. Although I have to admit I have not seen any evidence to support those rumours !

The new production plant can cope with a damn site more than we've put through it to date ! I wish I shared your optimism Buko

Good morning Buko, the article you are referring to does read well and very positive for Optare. However, I read a similar article recently relating to the buses being manufactured in India in the AL plant, but it stated that the buses would be branded under the AL brand. If this is the case all sales and generated revenue would go towards AL and not Optare ! There needs to be some clarity on this, this is either good news for us or potentially bad. If the buses are branded as Optare and revenue attributed to us then yes indeed very good news. If not then I'm afraid it's rather bad news, as India would then be one less market we (Optare) will be able to generate revenue from.

It does seem, currently, rather tempting to averaging down. However, I personally have made the decision not to do so until this company does at least break even, and there is no guarantee that will be this year. At present this is nothing more than a 40 / 60 gamble IMO. I say 40 / 60 as this is AIM and there is more of a chance of us PI's losing than there is gaining.

Shows how low and badly we have fallen, the statement that £2k / £3k trades are classed as 'nice chunky buys ' !

'optare heading for breakeven / profit this year' , Superhoop this is exactly what we need and then push on next year with orders for the DD and the launch of the Electric DD, hopefully we'll shout about that one ........... Then again ............. !!