Member Info for Bloodshot

Anyone got an opinion?
20 mill might be a good result in the circumstances and would still provide a good amount of capital

What if we had to sell at a heavy discount due to current situation in DRC ARahim..say 20 mill..what do you think that would do to the sp?

Some fairly chunky sells today. Maybe prems started selling a few.

Heavily down here. Need 4.4p just to break even. Not tempted to sell though. Still confident of a good profit eventually.

I was thinking 2 years from now if thats what it takes..given the size of the task but wouldnt object to it happening sooner if the price is right.
Personally i wouldnt complain with anything above 20p ps in the short to medium term but ive no idea what the final value will be and im sure everyone has a different opinion.

Headsets

...look like theyll eventually be made with higher definition and smaller/more comfortable to wear as hinted at by AM.

Came across this...

Nanoco forms partnership with Plessey Semiconductors to shrink pixel size of microLED displays
07:59 04 Jan 2019
The firm said it will enable the production of smaller, higher-resolution, microLED displays in applications such as AR/VR devices, watches, and mobile devices.

Seems like the momentum is building. VR/AR is going to be big business. The more businesses have a stake in its future, the more its inevitable.

The sp this year wont just be dependent on good news. I can see 12 to 15p being possible if no crash but well need sustained good news to get there. A buy out would be my preference now but not at any price.
Not sure what wed go for but hopefully 50p plus at this stage. Just my opinion.

All those things and more im sure. Its not just advancement in the headgear that will be developed to continually improve the vr/ar experience. Miniaturization of the cameras for instance to make them more mobile..auto pan zoom etc. Maybe we can be involved in some way through collobarations.
Lots to look forward to in the near future for vr/ar.

I think your right and im happy to wait that long for what im sure will be ample reward for our patience.

Were all at the mercy of the markets..esp the overvalued US markets and who knows but expect more volatility and possibly a crash or more downward pressure. Another negative year for markets is a fairly safe prediction I reckon. So either cash in and wait to buy in lower, or follow the big money into "safer" stocks, gold, bonds..wherever its going, or if you have your money in a stock like this just sit it out for a year or three and dont worry about short term share price. Thats what ill be doing...esp with a 25% spread (that will hopefully eventually narrow significantly as we grow)
As already said by many here, patience is required. Im confident that good things will happen for us this year and in years ahead, whatever the markets do short term. Patience will be handsomely rewarded.
Was it Buffet who said...
"Time in the markets not timing the markets."

Donald Trump as Captain Hook....Booooo!

Hope your right Jimmy.

Where?

Pantomime would be popular with the kids :)

Thats it themis..not sure ba gets it and of course nobodies saying the theatre market is bigger than the global music market but it is significant as are the many other possibilities for vr/ar..why not concentrate on the music side with MVR but bring in other management to explore other avenues within EVRH. No need for big fundraise if a partner with deep pockets and expertise in other areas is brought in.

Thatcher would be spinning in her grave

Nice idea but "Tories nationalising a mine" lol.

Seems like were going down the steady growth low debt route but as has been mentioned, theres lots of potential in the vr arena that were missing out on. Theres the theatre/musical shows here and also in China/Korea/Japan.
They have theyre own theatre tradition that we could be taking advantage of and theres the Korean K pop scene, Carnivals (Rio for instance), virtual tourism etc, etc. So many possibilities that we cant/arent taking advantage of.
We have the cameras and the expertise..all we need is more of them and more trained operators, plus wads of cash to pay for it all.

Maybe we need one of the big players now like Google/Apple/Facebook/Sony/Warner Brothers to partner us and inject some serious cash into the business so it can expand more quickly before its left behind to focus solely on music.
Not a bad thing but i think MVR/EVRH should be more ambitious.

Thats what i was thinking..wrong of me to say 51%.
Its come as a big surprise for everyone and some who were most vocal seem to be quieter now. Maybe busy preparing for xmas. At least China is still holding the fort :)
I think we need to be careful how we interpret the rns news. Seems bad news that were losing some percentage of our licence area but on the other hand were gaining a jv partner which will make proving up whats there much quicker at less expense to us investors. Hopefully the area is one that holds least promise but we still find some nuggets of pure green.
Still very positive but like others, i await more details.

Poorman we own 66% of 1000 square kilometres Kopara own the rest. Its not split, the whole thing is jointly owned by both companies with Kopara supposedly paying their share of costs of exploration/development.

According to Zambian law, the 400k which we are not currently prioritising has to be developed or lost, so NvS has set up a joint venture company to explore that area with us as main shareholders. Hes making sure we dont miss out on it but bringing in a partner to help with funding, so he doesnt have to ask shareholders for more cash. I didnt see any figures for the jv though, only that we will be majority shareholders, which could mean anything from 51% upwards.

Thats the way i see it and i dont think anyone is slating NvS china. Hes doing the right thing. I only said comms could be a bit better but thats just how it is. We actually do better than most companies on aim and at least get enough rns with facts. But those of us who are still a bit confused need help from others here sometimes to interpret those basic facts, which you have done quite well i should say.

I "dont think" the 400k will be part of the 9 areas were exploring but stand to be corrected.