Member Info for Ctw2014

I agree with that prediction. The concept of tidal power is so much better than wind and once this sinks in people will see the potential here. This project has so much Government backing that it will not be allowed to fail and the current price is miles below the recent placing price. All it needs is a bit of good news flow, which will come through as progress is made this year.

.... Buying opportunity at this price. Wish I had some spare cash!

Holdings also include Kirkland Lake Gold which is doing very nicely and has lots of potential upside in my view.

3 year high on this was 1170 in Feb 2012 when price of gold was only about 25 percent higher than today. People seem to have forgotten about this company lately but the history gives an idea of the upside potential once this is back into healthy profit, even if gold stays flat, in my view. Management now seem firmly on the right track and gold seems to be holding at levels which enable them to sell at a profit.

Some very nice progress here on only a very slight rise in the price of gold

Quite a few large buys over the last couple of days that look like they are from the same buyer, so that is a good sign

I see Letts has helped himself to another 500k of share options at 66p. Letts (ha!) hope the company is still around in four years time when the options are exercisable!

...today reports continuing progress and confirms that there is no operational or trading reason for the recent decline in share price. On shore construction due to start in January. Given the backing this project has and its scale surely the share price is much too low and has to rise significantly as the project gets moving.

You are not the only one. I hold 13 AIM stocks and 12 are well down this year irrespective of good fundamentals and prospects. The only ones where I can see any logic are the oil stocks though. The drop in the oil price inevitably raises questions about whether it will be economical to get our oil out of the ground in the short term. However, long term, this should come good if they don't run out of cash paying salaries etc.

....as the grave in here. Just topped up despite the 15p spread. Half year results and video interview with CEO posted on Kirkland website 8/12/14. Looks good to me. With the company now starting to generate profit despite a depressed price of gold, this surely has to go up from here. Last time this company was in profit the share price was in a different league from today, albeit that the price of gold was higher. Views?

Well it is good to see a few more decent size companies giving the platform a go, but what we really need is some good news on hard cash and profit.

Ps: spread is a ridiculous 20p this morning!

Anyone got a clue why the sp here is taking such a pasting lately? Price of gold not too bad and above the level they need to turn a profit, and I have heard nothing but good news (although not much lately).

It is weird and annoying isn't it? I don't think it's anything to do with the company, or the RNS, or even the price of gold, just market sentiment re gold miners at the moment. I have another gold miner in my modest little portfolio based in Canada, and it's share price is down by pretty much the same percentage as this one. Apart from the fact that it is in the business of mining gold the two companies couldn't be more different and the price of gold has been holding up. This has to recover in due course. Wish I was in at today's price though!

Can't see any reason not to be pleased with the Chinese deal. It's only for an initial period of 12 months and gets some of the product out there into a huge market whilst the factory is completed. As I read it, there is nothing to stop processed marble being sold into China alongside this arrangement once we have some to sell, or of course the deal could be extended to include processed marble. Sales are what is needed and that's what we are now getting. What's not to like? I am now in at 19.73p. Pity it's gone down almost immediately but frankly most of my Aim shares are substantially down at the moment!

This provides some useful insight on the possible reasons for this fall, but it still seems wildly overdone to me. I topped up in anticipation of good results, but in the short term at least have come unstuck. It seems Aim in particular has a habit of doing this! At the end of the day there is nothing new about the way the company presents its unadjusted and adjusted figures and overall the results and recent developments are overwhelmingly positive. Similarly, there is nothing new about the forward PE either. It seems that this share is just plain volatile. Don't forget that it was only 2 months ago this hit a low of 174p and then climbed back. I am betting it will climb back again. If a bidder doing due diligence comes up with 300p a share, that seems a fair bet to me, especially with the recent hookup with Microsoft and the recent acquisition.

Hi all First post so bear with me. This looks a very interesting business but wasn't the Investor Show 2014 held back in April? If I am right that puts the projection of completing the factory in six weeks from then into context. According to an earlier post they are now saying by the end of the year. Also, I may have misheard the question (which was muffled) but I could have sworn I heard Christ Gilbert say that they had no need to raise further funds by a placing (and that they had £3m in the bank) and yet just a couple of months later there was an announcement of a placing for £4.75m! So, whilst the presentation was impressive, the above points concern me a bit. Just observations and quite happy to be shot down in flames if I have got it wrong!