Member Info for CHRI5P

BB please let me have a name of a company who suspended a share due to a consolidation? Anyone who can do maths can realise the value of the company will not change - just the shareholders perception. A share will get suspended for information to be declared soon good or bad or on speculation of news good or bad. Everyone can do the maths it is quite simple you divide your shareholding by 500. However, I am not saying bad or good news will follow after the consolidation. Your post makes me think you're de-ramping.

Shed, exactly

Let's hope the traders and the disappointed LTH's who had run out of patience have now sold. There comes a time when a share just bounces on no news because the rush to the door as finished. If we can get some good news on the testing and considering the potential of the asset then this maybe the start of something gigantic. Chris

I don't think AIM would allow a share suspension on the basis of a share consolidation because at this stage it means the value of the company should be the same regardless of in some investors eyes a dilution is more likely. A company can't just ask for a suspension on the basis the share price falling.

I increased my holdings by a third at 4:28 pm yesterday at 0.016 but the trade is not showing here!

I agree cavity the rot needs to stop

Good post BB. All I can think is that he is in talks to sell a stake in the project.

BB my text are opinions not outright knowledge. Eua was valued at 2 million once when LTH were fed up but the assets was still good. We could always get taken over but institutions like £50 million companies to invest in. Chris

BB I feel you are reading too much into consolidation bringing in new investors. A share like this needs positivity but how can a LTH be positive when they see loses of 90% and no end in sight. Due to the asset not changing and no dilution yet (any investor in this company at any stage should expect dilution because that is the norm in AIM mining) I wrongly thought the share would bounce back to 0.02 p. Additionally, due to it being a £2 million company it will depend on new PI investors because it is too small for institutions to get involved. At some stage the negativity will reduce and new PI's will start taking a punt. However, this might take longer than I thought and might also need a good RNS

I thought this share would be back to 0.02p by end of the week because the asset is still there and that one day it will ready to be mined. I can see that there are so many LTH who are fed up but once they have sold out then this share price can move on.
There has been much criticism of LR but from my experience of investing in AIM mining companies is that to survive through the development stage they have to keep issuing shares to keep the lights on because no one will lend to them.
So it is all about the asset. How much lead, zinc and silver is there. How easy is it to extract. Will anyone want these commodities and finally do we believe the testing information we have been told.
This share will be ramped and deramped until this asset is fully proven or not and so this share in the end will be worthless or a mult-bagger.
Chris

This is good news and I think it will continue due to funding secure and the placing introduced long-term investors who are looking at a multi bagger. I also think the PI's will realise this company is now in a much stronger position.

Protect capital means put your money under a mattress- AIM is not a place for people who want to protect capital

Cahus I agree LTH's are in a different position and the more you risk the more you might regret. I was down 80% on 2 AIM shares and I sold one of them on the basis it could not go up by 5 times to get me back in profit . It rose 25% the next few days whilst the other is down a further 5%. For me an AIM share needs to have the ability to at least 5 bag although I might sell it if it doubles. Even if it 5 bags some LTH's might still not break even and that is the problem because it hurts to much to sell and you start believing again and listen to the rampers but then comes a delay and the shares fall. I think I would buy enough to get over the £1,000. To buy any more then you need to be very confident in the asset and directors and also have money you are willing to lose. Chris

I actually think the share price will go up by the end of next week.
1. The company should be the same value it was at the bigiinig of last week - no dilution yet and it was always possible of a dilution in future regardless of the consolidation.
2. Most shares are in a nominy account so not many forced sellers.
3. The long-term holders will have got out and decided AIM is not for them.
4. The asset is still the same -the grade improved 6 weeks ago and there will be an update at some stage.
5.20% salary cost cut
6 Options to encourage staff and the option are well above current price.

I think the price will be at .02 or 10p new money on Friday a valuation of £3,3 million. Long-term if the ducks line up and we get the licence this could be worth £50 million or a 20 bagger from now. However, I say possible and this is different from expect - the AIM market is all about possibilities, delay and disappoint not expectation. If you expect a share to do well try the FT 100. Chris

I had a share get delisted (WTI) I realised it was a punt on copper but did not clearly understand the risks of leverage, water leakage and ramping. I have traded EUZ a bit based on they have an asset but the staff don't have enough skin in the game for me to hold long-term. I bought into EUA because, they had a great asset, palladium was going up, no debt, 3 million value and cheap and the directors had a lot of skin in the game. I have sold 3 quarters of that stock and have made over a £100K. Yesterday I ploughed into EUZ. Remember EUA have been on AIM since 1997 and it took decades to line up all the ducks. The share price went from over £300 to below 0.30p (I bought in at an average of 0.44p) due to dilution. The asset never changed.
EUZ in my opinion is similar, it has a potential great asset, commodities will rise (silver, inflation), no debt, £2.5 million price, staff have more skin in the game but we need all the ducks to line up and that was what LR was trying to say yesterday. The consolidation will create a new grown up company with new investors who will have a chance on a future prize but now much further down the line. The long-term investors have had an hard time but they bought in too early (it is that simple). Can you imagine a EUA investor who bought in at £300 and got diluted to less than 0.03 p. This is mining and the directors need to get the timing right and I think LR will even if they need to raise money through another placing. Chris

mannnan

did you ever post n the WTI Board and recommend everyone to look at EUA?