Member Info for Desertsands

The new RNS could just be the turning point we have been looking for ……

Mary & Danphonic - nobody is knocking anybody’s right to have an opinion and nobody but. nobody is blaming anybody else for the investment decisions that they make ……

And we do play nicely on this board Mary - it’s the most congenial one on here! Let’s not get carried away with the uncalled for high handed censure - it spoils the tone

Fordm …. Please chase Sundezena down the road with your sand filled rubber hose …… no harm to the person, just root out the infernal optimism and give it a good thrashing 😧.

Have wanted to post here for a few days but end up sighing and signing out ….

Good God this is just grim …..

I see you are baling in tranches? You leaving anything in?

I see ramping Ria20 has disappeared now the sp has retreated ……

This share is very mercurial - with all the exploration going on in places like Tanzania, and Getech has worked with companies like Helium1 to map the substrate, you’d expect more consolidation at higher levels.

Frustrating, to say the least …..

Winstanley - how are you doing? It’s been a while!

Any thoughts about what you expect to see/ hear on Thursday?

Morning everyone -

Hello again Pearls ….

Do we really think a takeover is on the cards? Shareholders holding at March last year before the eye watering downgrade & suspension would not be best pleased to see their £13/14 per share investment sold off for pennies or even £1+ and there are too many milestones to go on Fixit Road before Sellit Street even comes into view.

Kelly has set a four year timeframe to be world leader ( see last update interview) - he’s not going to let it go before then.

I’m a post suspension holder so have not had a day underwater here but even I would be disappointed in a takeover at this point. There is a lot to be gained by staying the course and the rewards are potentially whopping. Selling now would literally be a sell out …. Imvho.

The market just doesn’t like the deal ….. and this is not ‘deramping’ - it’s clear from the terms that it’s not a good deal and clearly it was the only deal they could get.

A deal is not the same as a good deal …… but they have a little more road down which to kick the can because they have bought time but nothing else. Let’s see whether they can turn it around. The shareholders certainly deserve better ….

Good luck everyone

Fordm ….How could you exclude me from your possee??? I’ll be drawing my pension before I escape IAG claw like grasp on my hard earned pennies…..

Back to my dribble corner I go 😧

Couldn’t hold …..back under 75 😟

75.8 🙂

Groundhog Day ….. again …..

It just doesn’t have the traction to power through 75p ….

At least they have finally admitted the whole Proventure adventure was a farce - they would have known that for some time, and yet chose not to tell the market because they were busy, trying to cobble together something else. At least that issue has now been put to bed.

One has to ask how they’re going to service that payment….a 12% interest rate with a non existent income stream is going to be a monumental task.

I genuinely hope for the sake of all investors that this is not out of the frying pan and into the fire because a deal at all costs does not necessarily mean it’s a good deal. Clearly, the market is unhappy and this may become a traders paradise for a while.

Not talking it down ….. just expressing caution, which I’m sure you are all doing too. I’m sure none of you think you will be on a straight and narrow road to riches with this agreement. Shareholders deserve a fair deal - let’s see if the BOD deliver.

Have a good weekend

Fordm …… there are no words left 😭

Hello my miserable friend

Looks like tomorrow won’t be any better than today. Good grief, this share makes me sound & feel like Eyeore…..🙄

Apparently Ithaca could be 26% below intrinsic value

https://finance.yahoo.com/news/ithaca-energy-plc-lon-ith-071016424.html

Always take with a good pinch of caution but a cheery thought nonetheless

Https://finance.yahoo.com/news/look-intrinsic-value-johnson-matthey-071525997.html

Point is, you cannot have an average that is less than the lowest ever share price.

I only bring it up as if you are going to post your holdings including averages, then they should at least add up.

Look it Up!

So how can your average be lower than the lowest ever price?

0.00182 has NEVER been the price 🤣🤣🤣

The lowest it’s ever been is 0.0182….. just under 1/5 of a penny or less than 20% of 1p.