RE: Poor old Donks...1 Feb 2022 09:36
Just protected my frequent trader status.
I usually buy 2 x 4000 shares which meet IG minimum buy of £90 threshold, and my £300 residue gets me less than 4000 to use up my cash!
Happy days , I ended up with 4749 so a big thank you to the wallies who gave away a Renoir, Constable and Velasquez for peanuts today.
As for Donks I reckon he believed TG was going to succeed within the year or 18 months IF EVERYTHING WENT TO PLAN i.e. Govt supported everything he wanted, and Lesedi behave as Selemo did on dewatering, and the world was not going to be subject to a pandemic! All 3 proved disastrous and it is almost a miracle that TLOU survived them all!
I reckon Donks sold Kenmare in a trough and bought TLOU at a peak price, losing him a fortune on paper!
Understandably, disillusioned , he blames TG for all 3 , hence the vindictive abuse of him and the board ever since!
On paper, I have lost a fortune too,as have many , but at an average 0f 3.35p a profitable price has dropped beow the option price of 4.4p which was totally unexpected when the option were issued?
TG is not responsible for the Govt , the amount of water or Covid , he is a victim!
Tlou could be dead and buried without much imagination needed, but if the old TLOU with CBM power alone was worth 17p , what on earth is the new TLOU worth with Hydrogen , Carbon and Solar very much in play as well as possible gas pipelines to Orapa or a Crypto (both gold mines imho).
Kenmare are paying good dividends , so had Donks merely invested those dividends in TLOU he could be doing well on both.
The people who have a brain on here, know damned well we are one RNS away from putting our immediate future into CBM power , gas , or hydrogen and the other two will follow if our fortunes improve.
Nobody seems to be very excited at the rising gas prices - the share price should be 10 times what it is today!
TG is no Chris Fraser - he has protected our interests throughout. It is time he got some credit for doing that.
For the Chris Fraser victims on here, I watched my first Jim Glickenhaus film (directed,produced and wrote it) called the Soldier (1982). I was very amused to see my old Commodore Pet as the latest technology in the CIA offices. Mine cost me £2400 with 2 x 500 kb 5.25inch floppies! The missus, bless her, bought it for me to produce a betting shop manager! It failed with no multitasking and on 32k memory - little did I know the Amiga with multitasking would appear one day! I had a chain of 7 bookies lined up. The boss asked the price and I rembled as I said £5000 , £2500 each for the software and hardware!
28% corporation tax saving , spread over 10 years , that is peanuts he said!
It is obvious with hindsight that inputting bets and results , plus background processing needed multitasking!
My use of a light-pen was better than Ladbroke's pressure pad trial for both flexibility and speed.
I wasted 18 months of my spare time and Liz's money.