Member Info for booboobooboo

Interesting that £1.06 is really in old money 10.6p which is where the SP was 10 years ago during the FC when RBS was the centre of the crisis and the companies entire wherefore was in doubt.

Very much not the case this time around but the same bargain basement price.

When things eventually return back to normal, at this entry price this is going to provide one hell of a div yield !

This might be the time to call it a day on the clothes and focus everything on the Ocado JV , expansion of products and distribution etc.

I am guessing that MKS being old school they prob owe most of their large stores.

Does anyone know what the companies cash position is ATM?

Thanks.

Just wondering whether exploration had been halted due to the pangolin virus?

Probably not , unless you are living in cloud fairy coo coo land which is where DT's living ATM ...... realisation will return.

The FTSE always touches 3700 and the DOW around 8000 on the last to downturns in modern times,what you need to ask yourself is , is todays crisis better or worse than a gulf war or a credit crunch?

Once you have worked out the answer to that its quite easy from there to confidently predict where the overall market is going to be heading over the coming months.

The Far End, I was here last time around and of course you should have sold your stock a while back when this first came onto everyones radar .Every downturn (the last 2) always finishes with the FTSE falling to between 3500- 4000 wherever Lloyds SP is at the stage is when to be a buyer.

If the fall happens before mid April you'll get a nice little dividend too as a Brucey Bonus.

"The report's authors say they looked at the economics of 95% of the world's coal-fired power stations.
In most countries, including the UK, it's already cheaper to build renewable energy generation than new coal-burning plants.
At 60% of coal plants in the world, the generating costs are higher than they would be from new renewables, the report said."

https://www.bbc.co.uk/news/business-51852637

"Further to the announcement of 27 June 2019, the final $100,000 of payments to the vendors has now been made, through the payment of $50,000 in cash."

Today RRR publicly admitted they are paying their Congo JV Partners in CASH....

The Worlds biggest CO2 contributor is lignite 60 million year old green coal.

Thats just a fact , another fact is it gives out a small amount of energy meaning 3 times more coal needs to be burnt compared to other coals

Not an investment for the grandchildren .....

With 60 million year old Thar coal (green coal ) releasing 6 times more CO2 than other older 200 million year old coals, its very hard to image this ever getting off the ground.

Not an investment for the grandchild, thats for sure .

SFR SP = $4.1 X 6,300,000 shares = A $26M = £13M

Thats about £10M less than what it was a few months back.

Yes its going to be interesting to see what their post trading halt , opening reaction price will be .I suspect our new liquidity asset will be around 20% on our invest from the start.

SAU,SFR,KML,CBE that will be 4 separate drilling campaigns we will have exposure to this year totalling around A$40m expenditure .

With a 14c entry into a year low 15.5c mid price company with $10m exploration behind them , TG endorsing the investment accompanied by his geo mate Douglas and investment conditions attached , it is starting to look like a smart investment .

Just this minute broken 5p and its starting to look like they have run out of shares.

2p Looks a forgone conclusion from here .

SFR SP is irrelevant ATM until of course it breaks $10 on a copper spike then it will become very relevant .

I am getting 1.72p quotes to buy ATM .

He will be posting the same stuff when we break 2p as he did when we were 5p .

Whats fascinating is that isn't going to have any effect on todays SP raise.

https://t.co/5aW8DPbb9x?amp=1

"Interestingly, the share price has traded in a tight range between 1p and 1.65p for the past 13 months, a breakout above 1.65p would confirm completion of the base formation and support a move towards the June 2018 highs north of 3p. Bargain buy. "