Member Info for BubbaBubbaBubba

Deffo but the permit is the problem if they don't get that then this share is worthles

Look at the capex though mate burning thru cash

Added this to my watchlist few companies like this trading way below there cash value

Problem is no liquidity in the shares also you can't buy more than 10k if you do your buying at a 30% premium

Pointless being public, shareholders just getting rinsed

But when you put out statements like were only public so we can have access to more cash from raising capital it doesn't bode well with the market

Has to pay a dividend of some kind but the cash is drying up with oil prices going lower

Either the greatest value in history if oil rockets or your looking at 90% losses just a deadly game

Dirt cheap this mate plenty of cash

Just unsure when the market will reward it. Hope it goes lower sometimes the market doesn't reflect true value for years, I'm unsure it will get bought out

I find it gross that I find this company dirt cheap like everything on the AIM

Market cap at like 7 million is just insanity the market lost full confidence with the board

They should try and sell the company to unlock shareholder value

No rules on trading update don't have to if they don't want too

Probs be after year ends

My assumption is bad cash management if they start raising money by debt don't see it as a bad thing as long it's a long period pay back

Is equity financing a bad think either? It's cheap now the share price just allows investors to buy at a cheaper price

If institutional investors still believe in the project they will buy more

As seen with the capital raise they must of been failing to collect the cash which is worrying with the growth of the company

The big problem with labour agencies is that they pay the labourers every week, but collect cash every 26 days
So if they fail to collect cash there bang in trouble

Where is the trading update?

Companies like this are borderline value traps, great companies but only gonna make any money when they get acquired

There Isn't the growth there to reward shareholders with a share price increase

Maybe buybacks would help but doesn't look like that is the way they are going

maybe update tomz or wednesday

What is your basic on assets being worth than £187 million?

I'm struggling to understand

How you calculating book value?
Its 40p for me and that will decrease year on year due to deprecation

Adani ain't in the game anymore the premiums aren't there anymore

If its goes past 30p - 35p I'd sell

Aim is brutal when the opinion changes has to be a good trading update or we might be back at 7p

70p is mental mate haha

42p is book value

70p who on earth is gunna pay 2x book for a coal power plant

I mean I hope your right but …

This is still very cheap

I valued it around the 125p mark, still got tons of cash not to sure why they aren't using it for a bolt on acquisition or buy back shares

Trading update next week surely

Australian coal collapsing too especially with them capping coal prices

Hopefully an announcement on solar assets being sold gives us another 15 million in cash

Don't understand the valuation the company going to be producing cash flows in the top end end of 100 million in the future but the market value is 25 million