RE: Always good to see the new weeks trading open with a buy7 Sep 2020 12:21
To be fair I did expect a bigger improvement in the SP by now but i don't expect any news until the month end when the results are due. This SP is still too low but available for those wanting to average down. Always a good sign when Norab appears.
If the newbies take notice of the jam tomorrow/coal is dead, and the investors who are down by large %ages, (understandibly upset) then they will miss out on this opportunity. For myself it has been a long road averaging down but I do now expect a well deserved reward. Good luck for the coming weeks. I will be watching on Monday.
the close might be a bit more interesting. people are waiting for the next news release. We are in the best position since EDL was formed. We are churning out washed coal we have a customer base profit on every tonne therefore income I think new customers is a given Question is how many shifts are being utilised to meet the current demand? The next RNS will light this up. So there's little point in waiting for confirmation of ILTL taking over when it has already been confirmed in a a previous RNS, unless people think they have changed their mind? Have a good weekend all.
RE: Did anybody note my 09:00 post ?3 Sep 2020 14:34
Yep put an alert on my phone for the one trade .LOL I've been waiting to see what the second wave of sellers produce, it always asks the question why miss the high point. It would seem sos has some fans. I wonder who?? It will be good to see this at least hold up to the close.
Well said aerial, the one omission you have made is the long period of silence when things went tits up re production and that is what people are remembering and unfortunately is what RS is labelled with but that is past now so roll on the coming transformation.
RE: That's a lot of 2.5m's being dumped1 Sep 2020 15:25
Mcap £4m even a blind man on a galloping horse should be able to see where this is going, however I am satisfied with my average, so I shall sit back and watch unless it drops further.
RE: That's a lot of 2.5m's being dumped1 Sep 2020 15:09
At least the bid is holding up at the moment. The motive behind the dump would be interesting. If it drops further a can see a lot of averaging down taking place.
That poster is correct, after all we have the Rufigi hydro power project that will be lighting up the nation in 18 months.???? Who needs coal? The only sparks coming from that project in 18 months will be from Magufulis ears. LOL
of course that poster is right! Rufigi hydro project will light up the nation in 18 months who needs coal. LOL. The only sparks to be seen from that project in 18 months be will be coming out of Magufulis ears.
For Magufuli he is promising the earth whilst locking up his opponents. We shall see what the outcome of that is, you never know what he will come up with. I'm assuming that ILTL and our newest board member have more than a hint of what is going to happen.
Then ILTL take over. I did expect a better response to the latest RNS, but thats AIM. EoY results at the end of September hopefully with a forward looking statement plus update on the production and contracts. Its anyones guess how long they can hold the SP at this level.