The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
After some of the responces here i was interested to know what fellow investors thought we should do with molopo.
A vote was done on the telegram group where there has currently been 72 votes.
They are as follows
WHAT SHOULD POW DO NEXT WITH MOLOPO?
6% said sell or dispose the asset
15% said continue exploration and then seek a J.V
75% said seek a J.V before any further work is done.
1% put the asset on ice for the short to medium term
3% said none of the above.
I would expect more votes to emerge but a clear favourite amongst the investors that took the time to vote.
Hi James i respectfully disagree with your comments regarding the telegram group , sure it will involve the odd gif etc , you won't get away from that , but what you do generally get is a bunch of genuine investors talking to genuine investors. Granted it will never be everyone's cup of tea.
Of course I'm not saying lse has no genuine pow holders , but LSE is absolutely full of trouble makers that come with a agenda to create doubt and cause havoc.
I can guarentee go on the top fallers list today and it will be full of trolls , the top risers will be full of rampers.
In the telegram group you can talk positive , negatives and the ugly in a pretty respectful manner. Yesterday's news didn't go down great , and I would say the majority of post last month or so has been talking about what can be done better. Its not all pow is the best thing since sliced bread , the vast majority understand this needs patience like most mining stocks.
You also get the likes of p.j himself popping onto the group, mr wade has also been on it , something you simply have no chance of getting on here.
The rest of my message your of course allowed to disagree with , opinions make debates after all and everyone is entitled to them.
I'm however very wary of posters on here that have a constant negative attitude on a share they are invested in. Not happy sell up , of your still here there must be a reason.
Have a good afternoon , may see you on the group
One of the reasons I much prefer the telegram group more then the snake pit of lse is because you talk to real investors , and investors that understand the mining sector patience is required.
The molopo results were bad as expected and priced in is a laughable comment , the market didn't know the results until yesterday , maybe leaked a couple of days before.
Sell off molopo is another drastic comment that again is very laughable , because we didn't hit first time and now time to sell doesn't happen in EXPLORATION.
Lastly I don't know who cw is when referred to statements , if you are referring to the c.e.o that would be s.w , and a real concern you don't even know his name
I had baconora lithium in Mexico and that was brought out by the Chinese firm gangfeng
June is when the fireworks should start , if the timeline is followed , and why wouldn't it haha
Everyonesawinner I'm sorry I don't get your comment.
Are you suggesting newcrest are deliberately withholding information from their shareholders in order for a undervalued takeover, will not be voted against.
This makes no sence to me , i would hope newcrest have shareholders that know exactly what they have , after all its where they invested their money , we are also thier partner and investors of newcrest can also see all of our own news we publish , similar to the way we look at their's. It's all in the public domain.
I also presume newcrest haven't become the multi billion dollar company by under valuing thier assets.
Surley the more money they get for thier firm the more everyone associated with newcrest recieves.
I'm sure with a multi billion dollar offer there will be no stone left unturned and any evidence that this foul play is actually happining will have more extreme consequences in reputation alone , then that of just letting shareholders know the true value of Havieron.
I respect your comment but not sure if i agree.
Same to you mate , we have a couple of similar investments I hope do us both well.
Molopo and wudinna are 2 words I hope we both always smile at when heard
I believe you also have your answer now bitcoin which you seemed satisfied with
Clearly confident of getting this done
Soon it will become apparent if we can continue through the next stage of getting this project up and running.
Since the process was ground to a halt while this review was taken place it was clear comms at the start was going to be quiet while this very important process took place.
The consultation process in my opinion may of highlighted more ( in perticular last couple of months) what sav are acctually doing and how much more environmentally friendly compared to its peers this is.
You will never satisfy all the local community , there will be some against it no matter what , but you certainly can't argue sav hasn't been open and moved things about in order to please as many as possible.
With what happened to kod it also demonstrates get this to production the current s.p is extremely undervalued at its current price.
Finally everything may start falling into place where we can leave this stage and move onto the next.
Either way the month of may will be a defining moment for sav.
Day trading I don't have a problem with, nor long term or shorts, they all contribute to the market in their own way.
The issues I have on LSE is the ones telling others to buy or sell , and lse has a hell of a lot of free financial advisors out there.
Here's the thing any one that sold at 0.85 and rebrought at 0.68 have real gains and more shares.
Any long term holder that brought at 0.07 and now see huge profit have real gains as they won't go back to them levels again , early bird and all that.
Why can't investors be left alone to make thier own financial descions without some annoynmous poster encouraging others to make a sell/buy that goes along with thier own strategy. Ot seems to me everyone is doing OK making their own descions
Another news flash comments here don't effect the s.p , and anyone trading based on those comments shouldn't be investing
I would love my day in court with him , hahahaha line of the day
Nearly at the halfway mark for our descion , the s.p continues to react nicely last few working days.
Hopefully everything aligns itself positively this time , end of May latest for descion to be able to hopefully start the move forward again
Was it anyone here?
With 515m shares your prob near the 3% now bcb lol.
Only 515m shares is one of the major pros here in my opinion
With luck they will he going for a lot lot more in the future
Roger can I asked why you are so convinced molopo is a dud , I won't go as far as saying you are 100% wrong because fact is neither of us know for sure.
But you have been of the opinion for some time molopo will be bad and that's why p.j left and that's why the results haven't been published.
To get to that opinion of yours I must admit is continually frustrating when it's based on proberbly impatience by yourself
No one knows , is there a delay???? The company told us that " Once all technical information, including assays, have been received and interpreted, the Company will release a comprehensive RNS covering all results from the programme, including geological interpretations, downhole electromagnetic and assay data".
So was always going to be a longer wait.
Your also very much focusing on molopo and the lack of results there , are you suggesting due to lack of news on ALL other projects we should also be nervous regarding them , or just molopo.
I mentioned on the telegram group if we were being drip fed results from elsewhere and not molopo it makes sence for some to be a little nervous , (although I still don't like that word nervous)
But the fact its a little quieter across the portfolio tells me its deliberate.
It's amazing the amount of conspiracy theory's that get put on lse when there's a period of time with no news and the c.e.o steps down and what it all means for pow.
ill no doubt see some of you around LSE, was a pleasure chatting to some of you over the last few years