Member Info for Bullishbearish

Explain why this is sh it or bust tomorrow? the company updated us a few weeks ago with what they are planning to do and that they are deploying some of THEIR cash to make the mine work?
It means they HAVE cash it means they have an asset which they will no doubt tell us what they are going to do with it.
why not just let them say what they have to say rather than scaring people !!

This board only seems to focus on negativity and when the stock goes down it seems !!
we go down and theres rumours of this that and the other we go better on buyers appearing and SILENCE

A new excavator and up to an additional three trucks and a rapid ramp up in production was what they said by the 3rd 1/4 which starts next week to produce 5000 tons a month, so by august ,september I would hope to see an update to that effect

With the new machinery and three trucks I think they must have a good idea don't you?

Come on they dont need a placing they have cash in the bank no debt and are about to collect 1m a month when they hit 5000 tons .
we will see soon enough

If the production levels are increased ill be happy but its more about next few months and if they can ramp it up quickly
get a few million in the bank and the stock will have a completely different feel

My guess is yes there will be and then the re-rate begins
we shall see... no point in speculating until then although I have been nibbling small amounts for a few weeks
As I said if they can produce the 5000 tons mentioned theres not many stocks in this market that will cover their market cap in under 6 months

If the company was that concerned I'm sure they could sell the gold assets on and then no need to worry
However they are not !
If the LOI comes then things will move at speed re funding etc
The sheik entered into this venture with his eyes open and can see the massive potential for the company

surprised its only selling so far

So assuming they do manage to produce 5000 tons a month from the 3rd 1/4 at say $240 a ton that equates to about 900k a month less extraction costs lets say £100k in other words less than 6 months to make more than our market cap .

Tonys money just might be well spent ...we shall see !

what would your prediction be on the share price if they achieve it this time?

Cant believe the price is at these levels given whats been done over the last few weeks

Assume everyone is happy now its been smashed
Whats then next price target 5p?

There is no control over the court ruling so I wouldnt hold any expectations for an RNS any day soon

As a holder of both I hope that ABDX don't get into bed with ODX .I have mentally written off ODX at a substantial loss and don't think the board of ODX currently offer anything to anyone .
They shafted holders, done a failed placing then got it done at the wrong levels,sold the lft business to the Chinese , why the hell would ABDX want them ?
Then today they have the cheek to award themselves share incentives

When do we think we might hear about the court case result?

Seems to me that people just like negativity on this board and that reflects to the share price.
Its good to see someone being positive on the stock for a change.
The purchase of new machinery and three trucks for starters is encouraging ,and more than what they have done previously.
This dog just might have its day this year

well done you well done

Gresham do a lot of due diligence before they commit to a new holding ,they also run vcts which are in for the long term ,so in answer to some of the above questions I hope that helps.
Ken and Brendan are very shrewd fund managers so I for one are very Happy to hold alongside them.

Has this been missed by everyone on here seems very quiet
good update stock looks the wrong level in my mind

Carry on I'm sure they will oblige and take the stock down for you
I ran market making at two brokers and have been in the city for 40 years ..you can mock as much as you like
I had a junior dedicated at looking at stocks for me and seeing what bulletin boards said as sometimes believe it or not there were some sensible comments made that did actually make some stocks go up or down.
Anyway enough from me ill wait and see what happens when the company have something to say