George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Maxwell must think it's Christmas. CPX have very little cash to fight this case and will need to issue more shares. How about the BOD put there own money in if they are so confident. Looks like CPX is becoming a basket case. No faith in anything the BOD say. One **** after another.
Just read that the Jury has decided EM is not guilty of affecting the Tesla share price in his tweets and this is after paying a hefty fine to the US Financial Authority. He was being sued by Tesla shareholders which included Rupert Murdoch , so plenty of money. Reading about this recently , most legal minds said he was clearly guilty and could be find Billions. He has once again got away with it and I believe American Juries will not find EM guilty on anything but say murder or any company he is associated with i.e. Maxwell. Sorry guys but as far as I am concerned CPX are p******g in the wind now in respect of their legal case no matter how good their case is. They will not find EM or any of his Company's guilty of anything.
If Maxwell buy us out between 5 and 10 p we will be lucky. Suggest TD the Group put that forward to CPX as a way out of the legal case. Read the RNS a few times and it just gets worse. The current BOD have lost the plot and are money.
TD, I am of the opinion that CPX BOD have been economic with the truth to their brokers and us. Time to ask for changes at the top
Agreed. The BOD need replacing . Not sure CPX will survive and winning the legal case is not a given. Disaster all round for a fair few of us.
Wake me up in 2026. Once again CPX does not deliver . As to the legal case against Maxwell, CPX might be confident but I am not, as they always mess up.
James , Agree, but it will never happen. AK hides behind 'we just do not know what the clients orders will be because it depends on their sales'. Complete rubbish. Any Company ordering products will have given a view on how much is required in order to secure future orders for at least 12 months , otherwise how could production meet demand especially when ordering future raw materials. AK's second argument is that it's confidential information and CPX do not wish to give competitors an advantage. Simple solution , give very conservative figures which is what other Company's do. There has always been and still continues to be a lack of clarity from CPX which is why the SP remains where it is. The fact we have to wait for 6 monthly updates which are always, jam tomorrow , means we just do not know if an order means lots of profit or not. Lots of good news but it is always missing the vital details. FIGURES
3.14
If you read the entry I said I would be out if we got to 10p etc.
That's an easy one. No figures with RNS in terms of expected sales. There never is . Until we have hard numbers the SP will not rise. Simple
The MM's are mugging all the buyers over the last few days, yet again.
Until we have some hard figures , the market will just stick two fingers up to the brokers note and estimate of value.
Well after all the jam tomorrow news ,CPX SP crashes as usual. Why the drop. As stated it could be just the Newlands getting out or someone has heard that the Company offering up the legal fee monies in return for shares has done its due diligence and said NO. I raise this as we were led to believe that the due diligence would be sorted out very quickly. Another AK jam tomorrow statement. If true this would be very damaging to CPX and Maxwell will smell blood. The longer they can drag this out the chances of many others especially the Chinese ignoring the IP will rise and CPX pricing will be undercut thus endangering profits and the ability to pay the legal fees. Also CPX was supposed to be profitable several years ago and again has made promises the 2022 to 2023 will be the year. Let's see , they have failed every other year . I am a long term holder and frankly have had enough. If ,and it now is a big if ,because I don't believe a word the BOD say about the SP or its advisors ,about the SP moving to anywhere this near this magical 14p . Yep, just saw the pigs fly past , I am out and never to return. The chances of this share ever reaching anything like 20p or above is a fairy tale. Harsh reality guys , if CPX lose the case against Maxwell or it drags out another 5 years , then their IP has no value and the Chinese will just copy it and send CPX down the River. If the market believed the forecasts then the SP would be much higher but they do not. They are waiting the result of the Court case which if lost , will result in CPX being finished. Would Maxwell buy CPX out. Somehow I doubt it . Cheaper to just make life very difficult for CPX and make them spend more money they haven't got. Simples
Let us hope there is not another delay. This is CPX.
the market turmoil today CPX holding up well.
Last year it was the 14/09/21. So should be soon !
Okay with the Court date delayed until next year we will have to see if the next TU will deliver any upside. So place your bets ladies and gentleman :-
1 All is great and the turnover is fabulous and CPX is now profitable
2 Economic woes means the promising orders have not happened and CPX is still trading at a loss
3 Next year Rodders ,next year.
Please vote for 1,2or3
We can but hope the Judge/Jury delivers a guilty verdict against Maxwell otherwise the IP is worthless. This could have an immense impact on CPX. It is in my opinion Winner takes all but agree it is likely to be appealed and dragged for out years if Maxwell appeals . AVX will not pay until there is a clear verdict. Next year Rodders , next year, could not more accurately describe CPX.
I stand corrected. However still want to see hard figures. Grumpy old ********** that I am
The sales of the new capacitors are limited to certain parties outside the excluded regions so it is not the rest of the world as some have said and we have not been informed who the parties are. Once again we are not being told the full picture. Needs some hard figures and to whom exactly CPX can sell to.
It is great news but I will agree with OS. We need hard figures and there have been too many false dawns. Fingers and other things crossed and when it rises to 20p plus you can say told you so and I will be happy to accept the comment.