Member Info for DamayHill

Delighted at the apparent profile and magnitude of this news on the face of it. But unless I’m missing something blindingly obvious (which I wouldn’t rule out!), I don’t really understand what ORCP are bringing to this undertaking? As far as I’m aware, they have no experience at all in this field (wind and solar) and nor does it utilise the sizeable resource (Thar Block VI), which is the only reason they have any connection with Sindh province in the first place. Or to put it another way, why do they need ORCP to achieve this? Grateful if somebody could enlighten me? I’m a genuine (and significant) LTH here so my question comes from legit intrigue.

Gold, you say? Thanks for the heads up.

It does seem crackers. Already my largest holding but I am sorely tempted by more at this price, especially as I have a long time horizon on this one. I certainly wouldn’t put anybody else off.

Yep, anticipating assay results announcement in third or fourth week of November.

Whilst I completely understand some people’s dismay at the significant drop in share price recently, I think reactions are also indicative of the big gap, for the most part, between the rhetoric around investing and the reality. By that, I mean that most investors will know that one should really have a long time horizon and be prepared to hold for ten years or more and ride out the many bumps along the way. The reality of red numbers and a paper loss is that it provokes an emotional reaction and means that many lose their discipline and throw their knowledge out the window. They don’t practice what they would happily preach to others if they were asked for some sound investing principles. I realise that simply holding is not always the answer - sometimes a dog is a dog. But even so, I wonder how many of the frustrated posters on here have held for even five years (including DVRG’s predecessors of course), or even three? Those who believe in the various opportunities for this company should hold their nerve long-term. Those who expected to make easy money over a short period (by which I mean three years or less) should learn a valuable lesson and ask themselves whether they really have the right outlook and constitution for investing - particularly AIM shares.

It’s also worth remembering that sometimes movements in share price can be directly correlated to news flow or general market sentiment and sometimes they appear completely disconnected. I have a significant holding elsewhere where the share price rose handsomely on prospective contract news. That contract came in recently, which I believe was at least as good as anticipated if not better. The share price is currently 30% lower than when the news was anticipated! I’ll be buying some more as I believe it’s significantly undervalued. That’s another discipline.

Casper, there you go again telling us about the assets. Yes, we all know about the assets. We’re not dumb! That’s why we’re here! There is literally nothing apart from the assets.

I’m not aware of ever having changed my position on this. I have built a decent holding in this over a lengthy period, none of which I have ever divested. If you honestly think anybody could successfully trade this share then you don’t know a great deal about trading I’m afraid.

I have absolutely no problem with excitement, positivity, etc, it’s all good. But if ‘promotion’ (as you put it) lacks credibility, balance, or seems to have a particular agenda, then it does more harm than good and that’s what, in my view, many of your enormous number of recent posts do. It’s just my view and there are those that will agree with me and others who no doubt disagree with me. As you say, it’s a public forum and I can have my say just the same as you can have yours.

Fundamentally, credibility is important.

A faceless nobody appearing out of the woodwork and posting incessantly - including about this being $2bn market cap and paying a special dividend - isn’t promotion, it’s irritating, unhelpful lunacy. It’s clear you see yourself as some sort of saviour for the rest of us floundering, uneducated mere mortals. Newsflash: you’re really, really not.

Your point being I guess booboo that you’ve therefore sold your holding and we shouldn’t expect to see you here again? Or are you just here to considerately trash somebody else’s shareholding?

Casper, there’s a difference between supportive optimism and hyperbolic drivel. Since appearing back on this board you have dominated it with some of the former and loads of the latter. Also, WHY do you FEEL the need to SHOUT every few WORDS in a SENTENCE? Is that the way you speak? We’re all here for the same reason (well I hope so anyway). I appreciate the more informative stuff you post, but I for one don’t feel ‘educated’ by you when you point out relentlessly that good news could lead to a rise in the share price!

You're aiming to trade regularly in and out on a share with a 10% spread. Sheesh, good luck with that strategy!

Not sure that a committee meeting is ever front page news, but also surely the outcomes of the meeting is the news, not the fact that it is happening!

Why do you say not happening? It was reported as scheduled for today as recently as two days ago - have you seen something to the contrary?

Fairly muted reaction this morning but no doubt a few are taking their upside and I think this will tick up a few more pence in the coming days. Like you, fevertree, I plan to hold for years so just great to see the contracts coming through.

Great news and, given I think we all expected the next announcement might relate to OEM9, we may well expect more news this autumn. Interesting to see the market reaction this morning. 75p?

Also as as an addendum I bought in the twenties so will let you work it out. 60000 share at 25, sell at 42. Buy low., sell higher. Yes you are right about capita but new management couple of years with a policy to change.

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Great, we're all thrilled for you. Now find a share you're actually interested in investing in rather than dropping in here to tell us that you won't be investing and questioning why anybody is!

OK, but just the fact that you were happy to be invested in Capita means that either a) you are unaware of the numerous scandals over the years or b) you are a massive hypocrite.

I don't intend to be rude Willy but if this share is not for you, why not just move on top one which is for you rather than post here when you have no interest in investing? Do you imagine we are all unaware of the current status?

The biggest joke is that Willy does appear to be invested in... wait for it... Capita! Talk about people in glass houses throwing stones. Capita not exactly averse to controversy and criticism over the years. But if you prefer shares which lose three quarters of their value in 18 months, then admittedly Capita the better option.

Why would anybody take the time to post on a bulletin board for a company they have no interest being a shareholder in? Bizarre. I guess some people have too much spare time.

lordsidcup, yes, I know. My point is that was her only job and she did it pretty poorly. Wish I could get paid to do that!

Agree it's a good interview. You can kind of feel her frustration at the questions she's having to answer, but that is a situation of their own making because their shareholder comms have not to this point been good enough or proactive enough. Shame about the incapable interviewer, whose only job it would appear was literally to read out some words. My 11yo daughter could have done a better job!