Member Info for Echo1

Yep, I understand the frustrations of LTH when it comes to Trin
It ticks all the boxes as a business but can it change investor sentiment? It doesn't appear so.
I need a return to double digits to break even with my investment and I think given time I'm confident I'll get.
For those (including CRL) of you who are sitting on big losses I am disappointed for you. Any other oil company boasting the figures that Trin does would surely be sitting closer to 20p?

A real puzzler. But hopefully Bruce plans to use the cash pile to good effect. I'm hoping that he will as apposed to expectant!

AH cheers for the info jeffa
Looks like the process takes 2-3 months

and Nucky, good to see the optimism - if I make 20-30% profit on ALM I'm out!

Ive no idea!
But the auction looks like it'll take days rather than hours.
Personally I hope one of the big fish decide its a good idea to bring FW into the fold
Then we'll see some share price action

Being fairly new to this share (and buying at 0.4) I'll tell you what I think.
I understand why sentiment is poor at present. The bonus doesn't seem to have gone down well.
The share price decline, as I see it, was triggered in June 2019 but the equity fundraise. And since then WOULD it be fair to say the company hasn't lived up to expectations?
The problem with AIM and resource companies is that investors are at the mercy of sentiment and BOD behaviour, therefore preventing a share price slide can be very difficult. In the way however a sharp hike in the price can happen very quickly, and thats why i like AIM.
I know my perspective is probably different given when i invested but I can see potential here. And this share gives me exposure to a popular item in Copper.

Please feel free to lambast me :-D

After round one of the FCC's first auction of flexible (CBRS) licenses for midband spectrum, gross proceeds were $357,344,200, which already met, and in fact blew by, the aggregate reserve price set for the spectrum in the auction, which was $107,991,840 net of bidding credits.

After round two of the FCC's first auction of flexible-license midband spectrum (the 3.5 GHz band) Friday (July 24), the gross proceeds were $388,732,380, up a little over $30 million from $357,344,200 after the first, six-hour, round Thursday.

Been a long time since I’ve seen such a positive reaction just from an AGM.
If they sign an Iraq deal for block 6 we’ll be heading back to 20p IMO

GLA

CBRS auction today
Very hopeful Verizon or Frontier will put in a bid for Federated once it’s done and dusted.
Been holding for a long while with my eye on today’s events. Hopeful it’ll lead to a share price surge

Could it be to do with the upcoming 5G auction for federated wireless?
Happy to hear people’s speculation of course ;)

ziquarat

Was thinking of a buy in order to average down(but was hoping for a move down towards 0.5 - 0.6 and I'll need the spare cash when if it does).
Good luck to us all. Good board to be involved in :-)
Presently my break even in 0.94 so I'm pretty happy.

Corn
Someone seems to be just as keen - I bought in at 5.5p a few weeks ago and decided I'd wait and see what develops in Iraq
And 15% rise today on no huge amount of news certainly bodes well

Good luck :-)

Ninja - I do enjoy your high positivity but I did laugh out loud when 264 bags was mentioned :-)

I was just hoping for a few hundred £ profit tbh

GLA!

Castaway - couldn't agree more with your prediction about this multi bagging at some point
With most of my holdings I generally look short to medium term, but with BOD I'm holding for the long term and have no intention of selling below 2p
A small company. But well run, and the latest acquisition is a game changer. Tough on Petra I know but I guess that's the way business works

Afternoon all,
Good reading todays posts and of course I can understand the reservations regarding the companies BOD and its performance.
I was just wondering - what are your break even prices atm?
I bought in at 0.4 btw

Good to read the theories :-)
Very much hope you’re correct. If you are we’ll all make a bundle.
I won’t be retiring if we bag but it’ll certainly make the next few years very comfy lol

Morning Locke.

If you can risk the ££ then I'll not be trying to dissuade you.
But I think the last time I sold at a loss was over a year ago - and I lost £100.
There's a very real chance though that I could lose the lot with Aogl. But as you say nothing ventured.

If this company does pull something off you'll make a handsome profit, but if they don't . . . .

Good luck to us all :-)

A fair assessment acid

I'm of the same mind. Bought 10 million at 0.02 and certainly not averaging down. Its just too risky.
(Although on the day it was re-admitted I did make £650 in about an hour which was great)

But cash shells have been known to rocket on almost nothing so that's why I'm holding :-)

maybe :-)

MM's have got the reins on the SP today
Very heavy buying if LSE can be believed and ludicrous spread of 28% as someone said
I reckon something is up
Maybe copper assets are about to become very popular??

Lots and lots of very good debate guys. I can fully appreciate people’s view points but -

Will the true value (and robustness) of the company be realised once Oilers sailing to close to the wind start going out of business? If Oil prices remain low its only a matter of time for some who have high break evens?
Be interested to see votes on what the share price will be in 6 months.

I’ll start at 11p