Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
TK funding and the SP will be fine, which in theory is a matter of months away.
Credibility in the BOD - people are fickle, a lot have been stung for years. A lot of new investors (me included) are willing to give the benefit on the doubt.
Well his interview explanation of the raise makes a little bit more sense to me now - even though it still stings.
Also suggested the raise is into more "sticky" hands, whether or not this is true is another matter.
My confidence in getting TK funding over the line is coming back, plus all the extra's in Saudi to look forward to.
Yeah we get it, you think it's a ponzi scheme, you've said multiple times...
People don't work for free, exploration doesn't come for free, Harry's wages don't come for free.
I've seen cash burn far worse than this will 0 results in oil explorers in the past. At least Kefi actually has proven assets in the ground.
I agree Rob.
The timing seems quite insane in all honesty. It makes me wonder whether the funding is actually that close to being completed.
I feel a little bit griped at the presentation where Harry just consistently talked about the NVP and how we are massively discounted, basically ramping the share - feels like he had a hidden agenda now.
I will be holding, but not as confidently and I'm wary the funding issue might once again be an issue.
It's because for the past year there have been 0 positives lol. The SP says it all.
I'm keeping my eye on CHLL, but until there ARE some positives I'll sit on the side lines until the time is right.
Too risky, even at 4,5,6p currently - imo of course.
I'd suspect a lot of people away for the Easter weekend.
Just a waiting game for confirmation of funding (hopefully).
Not long to wait in the grand scheme of things, sure it'll pick up in May/June in anticipation.
I guess everyone has their own strategy. Some people are happy with their 10-20%.
I bought GGP way back in 2018 for under 1p. I made 40% and was happy - I don't need to mention what happened afterwards, lets just say I'd be sat on a life changing amount of money lol
Not making the same mistake twice.
I'm quite happy with the progress of the SP, rather it go up steady like this than have a huge spike of traders.
It'd also bring all the riff-raff from other boards on here talking garbage...."Wouldn't want to be out of this over the weekend", "50p by Christmas" and other nonsense.
Regarding the triple pricing - this is all based off referral fees charged by the platform it is sold on.
• Amazon's commission is 15.5% of the sale price.
• eBay varies, but generally speaking ~10% of the sale price.
• Own website will have 0% referral fees, however will have google ad words/site maintenance to pay.
Generally speaking, most companies own websites will be much cheaper than Amazon & eBay market places.
I'd just like to say thanks to the posters on here.
It's very informative and has helped me make my decision to invest here from the multiple articles posted over the course of time.
Hopefully when the tide turns it doesn't turn into the shambles I see on the other boards.
Cheers
If you look at the majority of stocks at some point in their history they will be low points.
Look at Shell, BP etc, was trading over £9 18 months ago, now £20. Buy low, sell high - not rocket science.
This is currently low, it might go lower, but it will recover from these levels.