The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
We have 3 mines Gubong’s, Kochang and Batangas. we tried to do it ourselves and failed for at least 2 years...
1 of those mines Batangas was wrote off in that time frame... came back as the proposed free carry that is being progressed.
Clearly making serious headway as BMV have decided to do that with another one... The interview last month said they were doing this no one expected it was this far down the line in progression and it's fantastic that it is.
Mcap is lower/equal to the investment at present "capital commitment of around US$7 million" This was worth 4p+ during the promise phase with 2 mines. Alight Research valued it at 16p around that time...
We've dropped massively and the company has very little faith due to consistent bad news... which is why we are where we are... This is easily worth 1.5p now due to Mcap to investment alone.... I'm hoping for a rerate to 4p...
DYOR I am a LTH with a plan of small amounts at 4p+ gradually, Chunk at 9p+ Chunk at 14p+ I'm hopping the Share stays at 1p for longer so I can continue to fill my boots...
GL All!
That's the exact issue, it's lazy box ticking... This may not end well if they try to pander to the very vocal minority that have been working their way through multiple works of fiction.
Star Wars (destroyed)
Lord of the rings (damaged)
Doctor Who ( heavily damaged)
Scooby Doo ( look up Velma TV Show)
Gillette Me two movement
BudLight
Warhammer 40k is looking to be next...
These type of people are insidious at the moment within western art's. They are trying to change all of them for their own agenda without any concern about how the work of art is affected.
it's not about what it is they change, it's about the fact they attempt it with EVERYTHING in the Western Media.
Sell or hold I would not purchase
DYOR,
Guys, Guys, We're not dead yet... We all thought we was we all still kind of think we are...
But There's 1 Hand coming out of the grave...
How much do you think Batangas alone worth any ideas?
@Capt_kurt Yeah he said something else in the interview as well that definitely gave off that aspect... AB: "I think as well I mean the MTUPs Of course they are important but it's not binary to say oh if you don't get them it's all over that's not really true because we've already got mining rights"
I've followed this since it exploded on HL at 4p... brought a bit and left but still kept my eye on it... then came back heavy last year cause it looks good and it still looks good! I suspect it is politically difficult now which is why I'd prefer a JV with a Korean Investor. So truth be told I prefer this news to any attempted dilution...
DYOR IMO, my avg price 0.08
It sounds to me like they thought they did everything right, hit a brick wall and need to have someone local to grease the palms of government... Someone mentioned awhile back that BMV were in talks with someone, so that is what they must of been on about...
but yeah this is going to be another 2 years before it explodes if were lucky...
I cannot see how they'd consider that, they have all taken pay cuts and increased their cash position last year... so until we have the mining permit something like that would be pointless the share is already at rock bottom... if that is the case it could be a sunk ship. So I very much hope you are wrong. I'll be holding my position.
DYOR.
Hi JohnDough,
I really appreciate the information and input, I'm learning and watching what I do just information can be a minefield... I can tell the Scams without issue... and avoid CFDs and spread betting. For exactly what you have said, But terminology throws me sometimes and understanding those aspects will be a constant learning element for me.
I really appreciate your posts and they have helped me understand what I'm looking at more... I tend to find when reading up on these sort of things I need 1 - 2 lines of information but everyone likes to turn it into indepth walls... when I just need the top down view. for a basic understanding.
What amount of dilution would we be talking 100%, 1000% or 10000%?
Ask yourselves, have you ever been in a position where you can see incompetence, but cannot do anything about it?
We've had life line, lets hope they can get it back on track...
we might end up with a stupid amount of dilution, but better than being wiped out which is what we are still looking at...
At the end of the day, were all stuck here. I wrote this off and it's still dead to me... I WANT to be wrong, but got to wait and see.
Edzi, didn't have to say anything and it could be false information or it could be useful and true... Either way were still stuck lol.
Thank you for providing the info anyways...
Pretty sure we've had 3 days of £40k+ buys
and I mean duel trades of 22k 3.5 million shares. definitely promising. imo
curious to see how long this goes for... could be a solid load up imagine if it carries on at the same rate for the rest of the month...
As much as the price is fluxuating.... the buys appear to be consistently larger and appear to be a steady load up.
IMO 2 4.4m buys at £30k today.
A few good size purchases yesterday, hopefully we will get the news we want this month.
DYOR