Member Info for GingerHippo

"there's no need for you to pipe up so often. Just let this play out in the way that you think it will. That's exactly what I have been doing"

Legalwolf

18 May 2023 21:39

So you decided to "pipe up" again.

Funny that.

I'm getting bored with this so i'll be brief.

1) so there's really no winning with you is there? Can't do any placing before good news, can't do one after.

2) as above

3) that's just obvious nonsense

4) The share price has indeed fallen, but not from large sells. Look through the trades, you can find some fairly big sells and a more-or-less equal number of fairly big buys. The onyl really big trade was the 40M buy which had no affect on the sp. You've come up with your own theory of a placing that none of us know about. That is you literally making that up and then repeating it again and again.

“Here, there's been a placing every 6 months or so in recent times.”

Yep. So the last one was in February which then takes us to August. Ie after the dfs.

“then there's no need for you to pipe up so often” I put it to you, LW that I as a large shareholder have a much bigger reason to “pipe up so often” than you do, seeing as you’re not invested. Why do you “pipe up so often” since apparently you “just let things play out”. Because, despite what you say that’s not at all what you do. That last paragraph was pretty hypocritical I’m sorry to point out. You’ve been “piping up” quite a lot for some time now on a share you don’t even own. So it’s no wonder that ppl are suspicious of your motives. And there’s no reason why I can’t “pipe up” just as often to protect a company I partly own from baseless attacks.

Lw, you’re obsessed with placing and dilution. The company has not said anything about a placing. You’re talking like there’s one happening now but there isn’t.

We should be getting the dfs before any further placing. Hopefully that will make the markets sit up and take notice.

Plus, I am confident we’ll have something signed this year. Won’t that be something? Derampers will have to come up with something new.

So no after hour shocks. Just a 10M share sell. That’s against the 10M share buy yesterday. Yet we went down both days. I think it’s clear our sp is being manipulated.

Https://www.griproom.com/fun/10-signs-your-stock-is-being-manipulated

40M shares were bought in one go on Tuesday. That’s over 1% of the company.

Another 10M in one go yesterday.

Yes there’s been selling today, but buying too.

I smell sp manipulation.

Yes I’ve been buying.

I have to agree with the reality of the markets as they are today. But I think it’s insane and the market will wake up to this in the medium term.

Obviously we only have MOUs right now. To expect more at this stage is an unreasonable expectation and not in line with the speed of how these projects work irl.

That said, this weeks rns clearly expects significant progress within 12 months. Dfs this quarter. COP 28 early December. With less than a £5M market cap I think the risk/reward here is one of the (if not the) most obviously positive one I’ve ever seen.

So I bought more today at just under .13. When this gets to multiple pence per share, you think I’m going to care that has I waited maybe I could have got the same shares for .12 or .11?!

Todays price is insanity.

3 years ago we got to 1.6p on the rumour of an LOI….!

LW, obviously had I known 2 or 3 years ago where the sp would be today I would not have bought at that time. Unfortunately I left my crystal ball in the world of fantasy.

Likewise, if I knew the sp would be lower in 1 year than it is today I wouldn't buy today either. But I don't know that, and neither do you.

Therefore I don't base my strategy on sp predictions, but on what I perceive to be the value of the projects in the future. If I see something that I think is undervalued I buy it. If the sp goes down, I buy more. Eventually value is realised and those with the most shares are the ones that make the most money, even if their averages are higher. That's not a theory, I talk from experience here.....

And just to be clear, I am not advising anyone to do anything. I am only explaining why I am still buying despite the risk of more dilution. My opinion only.

I strongly disagree that progress has been slow.

Re the Thar project, yes definitely. Agreed. Not our fault, but agreed.

Re the GH project it's come very far very fast for a project this size.

People don't seem to realise just how long these projects normally take.

It's not for nothing that patience is the number 1 requirement of successful investing.

People who only want to invest in established business are obviously looking in the wrong place and should not look at penny stocks at all. The whole point of an investment like this is to see where it's going before it gets there so you can buy cheap before the herd arrives.

Why do you think the Sheikh bought a 17% stake in the company (and hasn't sold)? Because he knows where this is going, largely because he's going to push us there.

I get why someone would wait for more dilution before buying, but they have to accept the risk of missing out. Dilution would take us 10% lower. Financial close would take us 1000% higher. So, you'd have to be very convinced that the dilution is coming first, and nobody could know that rn.

Plus, if there is another dilution first the same people will say the same thing about a further dilution. At some point you've got to either take a position, or give up and go elsewhere.

If you say, I'm aware of that risk and I'm OK with it, I get it. Just like I'm aware of the risk of further dilution and I'm OK with that too.

As I've said before, UOG is extremely undervalued based on AS alone.

Additionally we've already been punished once for the Maria delay, losing about 20% at the time. We since went up because our productions almost doubled. SO it makes little sense that we should be punished again.

I don't think the BoD would grant an extension if they weren't sufficiently convinced that Quattro can get the financing sorted. Otherwise they would pull out of it like they did last time.

Remember, Quattro's entire future depends on buying Maria. They have to get this done. Interests are aligned. A delay is just that - a delay, not a cancellation.

I understand your hesitancy

But

At the point you're comfortable buying I think you will find it impossible to buy as many shares as I have bought by buying at extreme lows something that is so clearly progressing towards those things you want to see - DFS, financial close, JVs signed, etc.

To each their own.

I understand the reaction now is less than what we'd hope to get in a bull market.

But please explain why the share price has gone down after an amazing RNS like that, even if we are in a bear market.

LW, I assume your name implies that you have some legal background, so you know that MoUs can be legally binding, depending on how they are written. We haven't see the contract so we don't know.

Either way they are certainly not nothing, so for the share price to be down since the MoU was signed makes zero sense.

In any case, I (and I'm sure we all have) seen companies' share prices go extremely high on a lot less than we have rn.

Just bought more.

How can the price be lower than before the MoU to progress this massive power plant within 12 months?!?! It's actually laughable.

Of course my buy is shown as a sell.......

People should look at the future not at the past.

The MoU is for 12 months for a reason.

Tick tock.......

k-electric, the sole power utility of the city, on monday signed a memorandum of understanding (mou) with the provincial government, oracle power and powerchina for the potential development of a 1,320mw coal-fired power project based on thar coal.

oracle power is an international natural resource and power project developer listed on london’s stock exchange, while powerchina is a fortune 500 listed integrated construction group which has completed over 40 various projects in ****stan.

speaking on the occasion, sindh energy minister imtiaz shaikh said that electricity was a fundamental driver of development and progress, and this collaboration was a big step in this direction. “once operational, this project will immensely benefit the entire province which is why we are committed to provide our full support until its maturity.”

the ke shared its vision of adding a total of 2,200 mw to its generation capacity by 2030, and increase its share of renewable energy to 30 per cent the overall mix.

https://www.dawn.com/news/1753497/ke-sindh-govt-ink-mou-for-another-coal-fired-power-project

Lol.

I don't get how the sp didn't go up.

I also don't get how anyone could possibly be selling this share at an all time low after the news run we've had. Makes zero sense to me.

I believe the Sindh government does now have some power to commission new power projects.

However, the RNS does say part of the MoU is for the parties to..... negotiate all necessary permissions and contracts with government and stakeholders.

Sounds like there are still regulatory loopholes to go through. But having the government itself on board should make this a done deal IMO.

I think the market today doesn't appreciate what this company will be by summer 2024.

I honestly think this is the opportunity of a lifetime.

(Not to overly ramp it. There's always risk, so PIs need to actively manage risk and definitely not put all eggs in one basket as I've seen people do so many times. That said, this is my highest conviction stock.)