Member Info for Casper786

ben ...THANKS for pointing ...i have CORRECTED that in the following post...:))

leslieby...just reading through your post...last FOUR WORDS say it clear..."whichever is sooner".....JCC or Hight official/state visit...from this it seems it will be done and dusted in april ( jcc meeting ) at the latest.

further on in the rns....it states....at jcc meeting or at high level meeting by china state officials in mid 2020....

there are two different statements within same rns ......well both can be true....

JCC meeting to be held in APRIL / state visit to be held in mid 2020...

whichever is sooner

well i think JCC meeting is sooner...so it looks like april it is then.....

just woke up.....saw the red dot ( wasnt surprised as i was expecting one any day )......i was expecting LOI to have been signed off ......i suppose today's rns has removed all doubts.....LOI wasnt requested by oracle on feb 19th.....it clearly states in todays rns that it will be applied/requested for SHORTLY..and after requested it wont take long to approve it...

They say "SHORTLY"...well to me this could mean anything from few days to about week 2 or 3.....well it cant be longer than that as ...LOI will have to be issued before JIA.....and if JIA is signed at upcoming 10th JCC meeting then LOI will come before it ( common sense )......it normally takes 15 days to issue LOI....in the rns it says it will be fast tracked...so for me LOI is not an issue thats good as done before 10th JCC meeting ( to be held in april ).......

JIA is something new in the RNS...i wasnt expecting something to formally be signed off at the JCC meeting even though Memon did say that around jcc meeting there would be rich newsflow period......it does say clearly...if not at JCC ..then it will be signed off at senior meeting by china/pakistan officials later ( this meeting is supposed to be held in june/july, but i have read somewhere, they are trying to bring this meeting forward to may/jun........

From the rns we learn LOI is coming as is JIA..its only wait of about 3 months or so for both.....for INVESTORS thats not a problem.....TRADERS ...well they will be thinking maybe sell and come back later.....to them i say...your money your choice...but please do note....LOI / JIA will not be the only newsflow..coming in our way in next 3 months or so......just like todays rns turned up and surprised many including me, i would nt be surprised in the slightest if we was given further news on other developments ...this could be re-PROJECT 2....coal to gas to urea.....Finance/funding package for project 1 ..etc etc....

For me it doesnt matter what the price is today or tomorrow ( even though i want it on upwards trajectory )....what matters to me is where we will be in lets say 6mths-12mths time......:))

One can trade all they like .... but always know the risk of being locked out on unexpected news.

GL

Production already happening at BLOCK 2.....and about to in BLOCK 1...our TURN next......

For you if you think its a no goer stay away......:))

booooo

charlie...good luck to u aswell....whether u are invested or not in here..:))

When we are on the MOVE..and up by some 20-30%.....they never learn.......in my view its BEST to load up now at these low prices and let the herd do the rest in coming hours/days....LOI rns is so close now that if i BLINK there is a good chance i might have missed the rns ( thats how close we are ).

Dec 19th - 10th march = some 21 days......noramally it only takes 15 days to issue one......so in my books well over due.....

Memon was in dubai over the weekend....wonder why??.....meeting with the sheikh???...who knows.....

10th JCC meeting via video link approaching...only around 4-5 weeks to go on that front...before this meeting.....i believe all requirement of BLOCK Vi will be fulfilled before this meetings takes place ( as promised by CM of sindh )......i am expecting atleast 2/3 rns's before april meeting goes ahead...after which we will have plenty of NEWSFLOW!!!!!

Will surprise lots of people in here...many will get caught out sitting on the sidelines....whilst they will be KICKING themselves.....all of those already in like us will REAP most REWARDS....

When we come on line we will produce 7.8MILLION tonnes per year...and the rail track will be good as ready to export the coal to other parts of the country

Themanwhodoes......POTENTIAL can clearly be seen here...

https://profit.pakistantoday.com.pk/2020/03/09/as-thar-power-plants-come-online-engros-profits-soar/

Numbers for engro are crazy thanks to new mine/power plant at block 2....note them numbers only reflect..2.3 million tons of coal from its mine ...being mined...from july till now......

jim...well its ticked up...still time..:))....

willing to take the lot from me at slight premium.....at ....0.755p....

2 hrs to finish BLUE....still have a chance albeit a low one....

we still AWAIT overdue LOI patiently

now offered 0.78p for 2.75m.....:))

Looks like with bit of buying pressure we will tick up.....:))

We might have bottomed out...well i hope so....:))

iii...offering me 0.778 for 1.8m........the more i try to sell mm's are decreasing the bid price....they are willing to take the lot from at 0.73p....

this to me is a good sign....:))

ponkey... i have also done a dummy sell.....they are willing to take all of me....:))

maybe its just mm games....hard to tell......mm's are known to show no mercy to anyone on a good day today has been a blood bath due to oil price crash so they could be taking advantage of the situation to lure in weak sellers......

it does look like their is another sell in the system....hope this sell is cleared soon...thereafter hopefully onwards and upwards..

ponkey...he wasnt misleading...i think you just misunderstood his msg....he made 3 points in that msg:-

1.seller 4m is out.
2.CEO tweeted.
3.i would say LOI this week

https://twitter.com/Naheed_Memon

too many are panic selling....just like there is panic buying re-corona virus....sell oil shares maybe.....why sell none oil related shares...funny old world....

those who are selling orcp right now....are being mugged.....there are plenty of buyers who are taking their stock of them.....

each to their own i suppose....

i predict BLUE finish ( with out news/rns ).....if rns does turn up which there is every chance it might do....then forget just blue finish...i would say....we could end up on top of LEADERS board today.

Amidst the crash, cement and steel holding on PSX-market bullish on CPEC infrastructure.

Many shares were down...infact i would say something like 80% were down....mm's tried to create panic here aswell.....but it never worked.....just before close.....they ticked us UP and into BLUE!!!!....i can see similar pattern today....

We are in RICH news period...there is no reason to sell....LOI can land anytime now.....so can finance/funding news.....

To WIN it you have to be IN it....looks like EASTER sale has come early..grab them whilst you can...i dont think these low price will be here for long...

gla