Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Just spotted a post from AYRO saying that an Arkansas based very large corporation has purchased 40 vehicles. Only big corporation in Arkansas is Walmart. No one is following Aryo stock, its still tanked despite the obvious links, this is big for them and great for Saietta too.
I missed the recent rise so now a possibility of a cheap buy in. As always with GCAT risky as hell but gotta ride that roller coaster!
I have to agree Agricore. None of the actions were a surprise with a refocus on light vehicles already announced. I was pleased that they had the Indian plant up producing for an unnamed OEM.
My concern is Ayro Inc. Their share price is tanking big time. They have enough money to get through to the New Year hopefully by which time the India OEM will be announced and that revenue will carry them.
This will sink to 0.20p again. Then I might risk some pennies around this mark and watch the next hope bounce take it up to 0.35-0.40p again then sell....and repeat! I'm on my 4th cycle having learnt the hard way buying in at 1p 18 months ago. Looked good then too.
Perhaps one day the bounce will be dramatic and sustained and I might miss it but this bounce cycle is far more forecastable with each bounce finding new believers, pointing at you BaniJuhina, to drive it up for a while then slowly lose some faith to be replaced by a new believer/s. LegalWolf and Babeto are the only historically accurate commentators on this page, Watcher36 could be included but his delightfully mad conspiracy theories can somewhat undermine his better points but do make this page more interesting.
DYR as always. Boing!!!!!! said zebedee
No idea who TW is. Does not seem to be a regular poster.
As for cry me a river?? I have made 17% in three days on the old Caracal money now in the new shares and 47% in two weeks on the earlier investments in the same share. Happy as anything!!
However for me, Aussie Gold Hunters will be my only gold mining play until I see Caracal solving its issues.
I would not have bailed if I didn't have something else to target. Might even return. Watching brief for now.
After 18 months of losses albeit with a bit of a win at one point I have finally bailed out late last week and final 5M on Monday. All funds went into a stock that I know well, is in my own professional sphere and is going places in the electrification of transport.
My learnings from reading this board and investing £20K plus at times over the last year and half is
- ignore virtually everyone on this board bar legalwolf as most have gold fever. I include myself in this for a while.
- Caracal Gold is going to get diluted a LOT but will make some people some money but not soon.
- I'll keep a watching brief with a tiny share holding from now on awaiting that prospectus and a safer buy in when things are far clearer.
As an aside my Electric Vehicle play that now holds my old Caracal funds is up 17% with a hugely experienced management team in place, orders and professional comms with stock holders. Such a relief!
Good bye Caracal for now. Good luck to all.
I purchased a small watch holding of TUN at IPO. Then watched, as we all did, the stock plummet. I'm now building a holding.
The risk at this point is the lack of final EA licence, however TUN can deal with that with more acoustic shielding. Then there is likely to be funding needed and the general difficulty in getting a mine up and running in the UK.
However I like the lower cost production methods (Im a sucker for tech toys so love that x-ray and air sorter combi!). I like the fact that the previous outfit cleared the heavy clay ore leaving nice 'clean' ore making the processing much easier/cheaper, I like team especially the new leader who's only goal is to get the mine into production and funded, I like the fact that VCA is still firmly behind the mine (unlike other mining outfits who they once supported), I like the fact that they know what the actual mineral they are dealing with unlike the old outfit. I like a great deal in fact.
Yes getting any mine up and running is tough, however on balance this one is more likely to succeed than most as so much is done already. Sure there might be a dilution at some point, but at this price, so what.
So worth a punt of my higher risk money for a minimum 12-18 month hold.
For some reason the beloved Pantomime character listed below is deemed to be a rude word. Not sure why!
TRQS, you really are not keen on this share are you? I must say I don't recognise your analysis at all.
Having some direct experience of the India market specifically in renewables and as an Angel investor in a number of really rather well known EV technology infrastructure companies, one with a manufacturing element, I find your dismissal of the Indian EV market at best surprising.
I have held SED in a small way from IPO seeing my £2k investment drop by almost a factor of ten. Ten days ago I called bottom and dropped a rather larger investment in to SED. The recent share price increase seems to agree with my analysis.
Lets see how the next 6 months pans out for this share and see which one of us called it right. Much better than a Widow T****y style argument that these boards can sometime sink into. Hope I am right and you are wrong.
Just dropped in to the discussion group after a year away. Very amused to see Charles still at it, and Sheltie being real. I lost so much money on this share. Shiver
I am an official Legalwolf fan. Im in camp 1 still but wish I was in camp 3. Still lesson learnt.
Yet again I found the lowest point and sold. Its a real gift. Thankfully I have decided to sit on the remaining 3.2M and just wait it out. I'm so underwater on this one that I am considering changing my chat moniker to Jacques Cousteau
Just sold a 1.8M stake that was purchased instantly. For all the warranted doom and gloom this share is being purchased by someone. Do I ride the remaining 3.2M I hold into the ground as seems likely or grow a set and see what happens?
Dodgy RNS's, lying about production rates, funding lies etc etc yet someone is buying GCAT. If that someone who has been through the books whilst underwriting a loan then they will know far more than us poor PI's (probably Robbie too)
So do I exit completely and take another 60% hit or go for broke?
JC. Lacking a gold mine on this Farm (alluvial clay I have lots of) my knowledge of mining is low. However leveraging debt really is my bag. I have oodles of knowledge here.
With a valuable asset under pinning the company a company like Philoro could make substantial monies out of Caracal. I. I see no point in a partial funding, a wholistic funding solution is needed that deals with past debt and enables future development . I think that a mixed loan and purchased equity stake would make the ideal investment as a loan agreed would instantly transform the share price enabling the lender to get their returns on both the loan and the equity stake.
An innovative and clever financier could make a great deal of money out of Caracal and help us all achieve some kind of reasonable exit. But I still think Robbie needs booting out!
Underlying value. That is the sole reason I am sticking with my investment. The underlying value of the business is in its resource. The appalling management and outright lies aside, I think that a half decent exit awaits those dumb enough to still be holding GCAT shares. For those with an appetite for risk then this share is bargain.
I day dreamed what I would do with GCAT if I had deeper pockets.
I'd buy out the recently Mill Finance stake, build up a a further stake buying at .35 or below and then get on side a few bigger share holders. I'd then fire Robbie's ****, bring in a credible new CEO.
Then I'd sell the Tanzania mine, clear debt and concentrate on getting the Killi mine delivering 1,000 OZ a month. With these profits I'd develop Vin Rutha growing Oz organically.
Alternatively I do all of the above but instead of selling the Tanzania resource I fund the development monies securing my loan on the Tanzania mine. Up pops a 2.5p share price and my debt is risk is covered by the substantial share value increase.
Now these are just little ideas however someone is buying a lot of shares very cheaply at the moment. Shares in a business that is worth much more if run by someone else or broken up and the mines sold.
So with all this bad news I figure Ill stick around with my 6 million shares worth tuppence currently and see what happens.
Loan against share options at a guaranteed % below that days SP is all the guarantee that most lenders will need for a robust offering. Saying that getting $10M will be more difficult without an asset securitisation. GCAT will a pay premium for their loan given the increased risk associated with this loan.
Finally the $3M loan is gone. They lent on the basis of OICM support as a junior loan partner letting OICM take the risk. They are in effect starting fresh.
The big upside in all this is gold production from GCAT and continued gold price buoyancy. However until the AGM SP will drop to around to just below .4p is my call. Sadly my average is .79p.
Finally as someone on this post said, 1.3M OZ of JORC licence makes the company worth $65M to a buyer before the working mine is considered. Just remember that as the SP drops further. This SP will recover, or will be purchased either way its a bargain. Buy on bad news if you can.
ID78 - i have just been reading up on the Feb 2022 three phase plan. The first six months to be completed before the failed funding seems to suggest that we may yet get a significant up lift in gold production. How much is not clear and will below 2,000 ,but higher than 500oz. So 1,000 Oz is a reasonable guesstimate. The elution plan was definitely being funded by the failed round however that simply means that they have to use a third parties plant so they don't make quite the same margin per oz.
The AGM will be interesting, arguably better than the 2022 albeit no where near as advanced as forecasted then.
Challenge accepted. I think Tungsten West has a shout at least being runner up to Caracal as a mining opportunity. Second largest Tungsten reserve in the world, licensing in place, funding in place, nice safe third world country (Devon) and good long term demand for Tungsten. SP crashed in April due to energy prices requiring a new extraction plan, that now in place. SP floated at 63p now at 14p with substantially more developed mine and no further funding required. I am actually not in it just yet as sold to get more Caracal but I intend to load up soon as it really is at the bottom of the barrel.
Even then Swampy it the SP will bounce around like ADHD Kangeroo.