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Saw an article recently (I think on Yahoo) that suggested break even here by 2020. For a company with no debt and fast growing sales, moving into profitability is an attractive proposition at these prices, especially as we were only recently warned that breakeven was 5 or more years away. Maybe at 8p this is a pretty good bargain.
Lots of the Twitterati pushing this again today. But we’ll have to wait for the big news RNS I guess., before we get the significant rerate we are due.
I can wait. Eager to buy more if it goes sub 1p again!
G
Hmm, I wonder why that happened ? Perhaps someone objected to my views. And yes Stockdale, I agree there have been developments and perhaps I oversimplified in the interests of brevity and the intellect of some of my audience, but I’m still very wary of putting more money in here till I see the concrete evidence of permits, JVs, or other offers of investment cash. @colhutch is not to be trusted imvho.
Luck all
G
You guys crack me up. Ast still have dwindling pressure in both wells and no permits. As long as this scenario persists it doesn’t matter what the sh*ster @colhutch promises, this is never going to get beyond 1p. Nowhere near. Dreamers all.
G
Do those imogees mean “explodes” or “bombs”.....slight difference, eh? ;-)))
G
Clive, just a sobering thought based on your speculation ....... many people don’t live to draw their pension.
Plan for the future, by all means, but don’t miss out by not living for today.
Good luck.
G
ps I sold a few into today’s rise. Will I regret it? Nope. Even if it charges up to 60p I won’t mind, because I’ve banked a profit and I live to trade another day. ;-))). (And I’ve still got a few to sell when it hits £1)
Haha, bit of a deramp. NS. so you can get your next entry point at today’s rates. Nice try. PPC has been making stellar progress this year against the headwinds of the Argy economy and it’s debt levels but it is now a highly cash generative company. As production rises debt levels will fall. Remember all the next drilling programme is to be financed from existing funds. Very promising. Hope you get your next top up NS, but you may have to pay a little more for it.
Good luck,G
“The first outputs of the Project ("First Metal") are due in the summer of 2018.”
Well, summer’s here. Where’s the RNS ?
G
Thank you for the correction Sul. Main market does offer a little more stability. Good potential for this little company, not too many shares in issue and a CEO with an enormous personal investment. But my point about sp falling as well as rising is still relevant. A further fund raise could dilute and reduce the current sp. hopefully that won’t happen short term and the sp will continue to grow as more people get to know about us. I’m in !
G
Not just the horses that will be running on St Leger day !! Watch this baby go when peeps come back from Ibiza (ugh)
G
I’m in here, (recently seeing the potential offered by the erosion of sp over the months) and in PPC who in some ways have a similar story. Both companies generating cash. Sps bound to rise from here.
G
Small rise on news. Then back to the inevitable slow slide till next news. Is this ever going anywhere?
G
Ooooh Jimmy, you have so much to learn. This wouldn’t be the first company on AIM to be valued at less than cash. So, how about 1.5p ? If things go pear shaped you could be looking at even less. So, here’s hoping the sp will rise as we get more folks on board. But never say this can’t go lower, it’s AIM, it can.
G