each day peeps we are geeting closer to our first investment announcement. It's been a long wait zzz. If news is good we will move upwards very fast. Lets hope with the markets depressed we get a good price re our investment target. 0p+ is my short term target. Now wouldnt that be cushty. In the words of DREAM 'Things can only get better...' :) DBH X
it has been a long wait but that each day we are getting closer. When news does come - if it is perceived by the market as positive - SP will mutlibag very quickly. Similar to LDP who invested circa 700k in Manas coal went from 12p to 70p in a weeks. We have a lower marekt cap here and fewer shares in issue so I envisage the SP doing the same.
Chairman is unable to provide any more infor than that due to legal restrictions. Waiting game pure and simple.
from Chariman ''we have a number of interesting potential targets which the directors are reviewing...'' The waiting game continues!!
http://www.investegate.co.uk/Article.aspx?id=201205091333469925C NOW LETS HAVE OUR FIRST INVESTMENT ANNOUNCEMENT. LOOKING FIORWARD TO IT AS IN BEFORE THE HERD ARRIVE EG LDP.
Directors wanting approval so they can allot more shares. Once authority granted shares will be alloted placed and money will be combined with 450k already in war chest and FIRST investment announcement will come. DBH.
still in here? We must be due some news soon.
stakebuilding. All will be revealed in due course. KTF
Once we get rumours or news of first investment. We have 400k to play with. Co looking at potential targets as I post but due diligence can be slow. KTFaith. Our time will come and we are in before the herd.
The Board believes that value can be generated for shareholders through the implementation of the Company's investing policy through investments or acquisitions, or a combination of both. Such an acquisition or investment may be deemed to be a reverse takeover transaction of the Company under the AIM Rules and would therefore be subject to shareholders' approval. We are currently considering a number of potential opportunities within the natural resources sector although our discussions remain at an early stage. We recognise that the Company has limited cash resources but believe they are sufficient for us to implement the initial stages of the Company's investing policy and, in the meantime, we are maintaining tight control over costs. I look forward to updating shareholders as we progress our discussions and am confident that we can implement our investing policy for the benefit of the Company and its shareholders. Alex Borrelli Chairman 28 March 2012
"We are currently considering a number of potential opportunities within the natural resources sector although our discussions remain at an early stage. We recognise that the Company has limited cash resources but believe they are sufficient for us to implement the initial stages of the Company's investing policy and, in the meantime, we are maintaining tight control over costs...."
IMO VIR drop has no effect on us. Drop caused by yesterday's statement by chairman who whilst positive sated that news would not be forthcoming in near future. DBH. X
TBH ive no idea of time scales. We have 400k in the bank few shares in issue a small MCap and are reviewing investement opportunities. Also have VIR and ECK on board. All will be revealed in time. Hopefully soon :)
an investment announcment here soon. Have been in contact with the Chairman who is keeping tight lipped. Our day in the sun will come. DBH.
Keep the faith. DBH.
TBH I don't know. I would expect within the next 3 months at the latest but that is purely a guess. Depends on due diligence etc.. All I know is that our time will come and when the investment announcment is made we will rise fast and it will be difficult for investors to get in due to small no of shares in issue. Keep the faith.
Email to Alex Borelli - Co Chairman
I have it on good authority that you will get your top up at this price. News will come but not imminently. A bit more patience is required. My target exit price - summer 2012 - 10p++++
is very lonely in here!! Anyone else here? I am waiting patiently for news of Brardy's first investment. When it comes the SP will move upwards very fast. Small shares in isuue. Low market cap. 400k in bank. VIR on baord. It's better to be strapped in ready for takeoff than on the wrong runway. DBH.
Patience required here, Out time will come I've no doubt of that. The question is when not if.