We would love to hear your thoughts about our site and services, please take our survey here.
Not in my experience so far on AIM Fosters. I hope you prove to be right. All we have at present is a hole drilling exercise. This share will not move how we would like it, until decent material financial facts emerge. MONEY IN THE BANK. Then we will be talking. Everything in life is a gamble and this is no exception. All being said, things could become exciting. Order of the day, keep the drills turning and keep discovering. Who knows we might have made a correct decision for a change.
Probally dampened because we were all expection a capital raise to fund these contracts. The work will take several months to be up and running with incoming revenues. Furthermore, Africa is not without its insecurites. Profit margins is what it will take to shift this share upwards hopefully. I still think this will come good for us soon. WSG has been plagued with viruses in the past and now have it again which is also a big player. Turn of fortunes would be great for us.
Crystal i get what your saying, however i have something to tell you bud. I would say 95% of penny shares on AIM are exactly the same. They all need capital, they all dilute to the hilt. Nothing out of the ordinary here. Most will fall by the wayside. Hope the business model at WSG will continue to increase profits and build on contract. Personally i think this company will build and become stable, but it won't happen tomorrow. My guess is that it needs a couple of years yet and we may very well see a different company. I would say more like partial pension fund material rather than get rich quick scheme
A pension fund all day long. Investment companies will start to move in on this. Twenty year contract, minimum 6m pa to start with. Will increase as the world opens up for travel. Further contracts expected in Africa. More to follow around the world. Iran could come back on stream.Dubai not even spoken about yet. All this for an mcap of 16.3m. Albert Einstein not required to tell us where this is going.
I got into this when it was quite speculative. I now think this is far less speculative. Therefore i shall grab top ups at different tier drops as it progresses into its grand finale in the months to come. My works resignation sits in an envelope in my drawer, ready to be presented sometime in February next year or before.
Badger, i think CBs plan is to explore, find, package, present and sell for a large amount. Thats plan A. Plan B would be as you say. Im with Older on this and will also top up aggresively until the bigger picture materialises. I think CB has always been upftont with his intentions.
Well CB did follow up with a share talk. That kinda justifies expectations and confidence as thought in my first post yesterday. Therefore sorry to those who are looking for quick profits then exit, as i am now hoping for the share price to drop significantly lower , allowing me the opportunity to top up at different stages whilst reducing my average share price and increasing my holding right upto and into phase 2. Much bigger picture will come and could turn out for myself and many to be our retirement fund or holiday home. Going by the interview this could happen either Christmas time or even Easter coming. Next expecting before to avoid disapointment but could be a bonus if before.
CB follows up with a podcast then he would be looking to justify results and it would indicate his confidence. However if no podcast was to follow up today then that would most likely have quite the opposite effect, indicating CBs disappointment and creating a drop in confidence from share holders. Should the latter occure then the share price is likely to spiral downwards. I guess if this was to happen, then my plan of action would be to estimate when this bottoms out and buy more. I believe this to have some decent milage when the full picture is realised. Hang in there in my opinion and watch for the twist at the end of the movie. Get the popcorn in.
This share is not reacting the way it should, considering CB has been spouting this as a world class copper drill site. Seems he has gone off the radar following the cash raise. He knows we are well overdue further results and should now be giving an explaination for delays. After all it was he who gave original time frames which are well overdue.