Member Info for BilboMultiBaggin

I'm not going to say I agree with everything Ross says, but I do quite often think he raises valid points, or aleast has a more more realistic view of what to expect in terms of company to progress and move forward.
Just because it may not be what I want to hear, it doesn't mean that it's not worth listening too.
IMO since LK took charge or lgo became Cerp , Ross has been quite close to the mark, or Atleast more consistently closer to the mark than any other posters that argue the other side of the coin

Rubbing my eyes to make sure I’m not seeing things... a blue day 😵

Dandino
Those machines are only upto about 13ton, which would be fine if you just want to dig out for a block paving driveway....
But to run a mining operation you need machines Of a minimum of 50-80tons a

It's all in the Agm notes

Resolution 7: Purchase of own shares
This resolution grants the Company the ability to purchase its own shares. The authority will be limited for the Company to make market purchases of up to 28,361,344 Ordinary Shares, representing the nominal value of 5% of the Company’s issued ordinary share capital as at the Latest Practicable Date. The authority will be kept under review and the Company will only exercise the power of purchase after careful consideration and in circumstances where the Company is satisfied that it is in the best interests of the Company. The authority granted by this resolution will expire at the conclusion of the Company's next annual general meeting or on 31 December 2019 (whichever is the earlier). It is the Directors' intention to renew this power each year.

http://octagonalplc.com/wp-content/uploads/2017/09/Circular-and-Notice-AGM-25-October-2018_.pdf

I think that will largely depend on how long they plan to keep us in the dark for......@P.W
I'm not sure what's worse....
Being kept in the dark, or being given another deadline date that the company has no intentions of ever meeting

2.06p per share

I got mine today, as i asked for them to be automatically turned into new shares my account is saying I paid 2.06p
Yet i can't see the trade?
Does this trade on next or any other platforms?.

But after reading some of the post here lately, I couldn't help myself from posting this

https://m.youtube.com/watch?v=3Tj77Thk_4c&t=0h0m32s

I feel your pain Jwx, i find the financial market a strange place, for instance go to any aim stock, and every one tells you how they a LTH and they are holding it till divi's start to be paid ect, ect,ect.

Yet when an ain't stock does start paying divi's and becomes self sufficient. Absolutely no one seems interested.
I actually wonder sometimes.... If we was aim aim oil company showing our revenue growth....what the markets would have us valued at.

Maybe there is a major floor in this business that we are yet to discover, but IMO

So long as revenues and profits keep jumping up the way the have. jumping 20%. -30%-40% each update, what can go wrong ?

Hopefully once this ex board member finishes selling, we will start to head upward agai....... after all back when he started buying below 1p we didn't complain about him in taking us up
Once he is done, there shouldn't be any reason for there not to be an upward trend.
I'm also hoping that people who are reinvesting there divi's will help to create some volume, and get the seller out

I have the option with my broker to auto reinvest my divis... I don’t think I pay a trading fee that way .. Well on the bright side of things the lower the sp is right now. The more shares I get for my divy up

Mine hasn't shown up yet :-(

Yep after reading through a second time I'm confident that AC has put the company in an exceedingly good position, for him to sit on his backside and do nothing for another year

If they did a share buy back there would be nothing left in the pot to pay there salaries, so you may as well forget that idea... the bit in the rns about the poor performance of the sp over the last 2 quarters made me giggle, as the sp has been performing poorly for the last 4 years, has he only just noticed?

I’ve been a bit disappointed of this one lately..... it’s not the fact that he’s raising money this year, it more he talks about accretive dilution...... if that’s the case why is this fundraiser so much lower than the last?

Well he's not on the board any more, and now he's below 3% he no longer has to declare his holding... S

Oh well I’ve been waiting for some oil news on a Donald strang stock and then dump all my DS and DL associated stocks along with a few other under performing stocks to average down here... seems the longer I’m having to wait the cheeper I’ll get em for after all My only real complaint about Fridays news, is the timing of its release After hours on a Friday ? I thought they only released a them on bad news :-p

I can't remember the figures off the top of my head but I do recall admin cost had risen by over 150%
But in all fairness we now get quarterly updates! ;-p

I can’t see that sausage, as we were told a while back, that even if edl started to produce 10k pm, That the plant would be running at less than 50% of what it’s capable of doing

I wonder how many hours these guys actually spend in the office each month?

Just seems to me like a poor excuse, considering hot commissioning was due to commence at the end of June, I wouldn't have thought there would be many construction workers left on site by now, apart from the odd carpet fitter and someone screwing in the light bulbs and maybe hanging toilet roll holders ect...if this is the case they would have know back in June that they would never meet there targets they set themselves