Member Info for GreggsStottie

Let's hope so, bought a shed load today! Would love a run up to 1.7p...

I was thinkinv that, but Its a fine balance...this could tick up easily and is due a rerate.

There is potential for if to go to 0.5p by there is also the chance if will gap up to 1.7p.

In 1 year, I suspect the difference between 0.8 and 0.95 will be insignificant.

Suspect we will get to 5p in this time, assuming Woodfords fund TRX sharss are wound up in q1.

It's a solid, growing business with excellent products and high margins.

I am happy to wait for the rerate which should be within 6-9 months...

Nice to get a formal rns'd reply from the company after reading my post lol.

Agree that the sp is wierd.

Woodford wasn't invested here was he? Is this the reason for the reduced sp?

I think I will wait for sentiment to change, I had a nibble at 3.75, as I thought that was cheap...bug how low can this go?

I'm not reading any alarm bells in any info on the internet. When capacity doubles in q1 2020 this should move. But I might wait until the Xmas / new year drop off.

Anyone havd any views on why the sp is dropping so much?

My buy this afternoon is not showing either...

Another week of rises to £1, and then bang positive carapa news...Christmas eve gift would be very nice...

The consensus ftom brokers at £1.50 would be amazing...anything is possible in this market!

Oops, that was my fault....

Good news is the debt facility was negotiated, presumably as a result of the business plan stacking up...I.e. double sales, treble profitability or reduce losses by a greater extent...(fixed costs are fixed)...

A pipeline of NPD, extension of production capacity.

What s not to like?

Any views from the floor on why/when a 10:1 share consolidation would be likely?

Apart from upping the sp to 10x why bother?

Does it help attract more buyers? If so how?

Cheers for all your responses...

I'm originally from North Shields, and love stotties. Can't get them down South....need a steady flow of family visitors to keep me stocked up. They are the bomb with ham and pease pudding!

I am with you Stu. This is oversold by a forced seller...so represents a big opportunity. I think we are towards the bottom so happy to wait for the rebound.

I will be buying more.

Cheers

Parkez- interesting in relation to new products...do we have any info anywhere on these?

Once the distribution channels are set up for core products, widening the weight of purchase becomes a lot easier. Efficiencies come thick and fast and deliver increasing returns.

Which channel is this? Dental?

The more I read, the more I like this company...

Cheers

There is plenty of upside here, and potential to be back up at 5p plus, if we can drive efficiencies, volume through increased production and more distribution agreements.

I have seen wild noises of £5 a share, but I can't see this.

Does anyone have an opinion on where this could get to?

20p? Based on the recent value including Woodford and double production?

Cheers

The reason the last company stopped mining was as a result of running out of cash, not because of the lack of gold. This was as a result of a gold load being stolen.

It should not drop below current levels, but is likely to rise. I think the risk reward is good here.

I am not wedded to the share, I'm not heavily invested, it's a punt. Pure and simple.

You need to get over yourself and get a life.

I see you are doing the same on the Tullow board also! What s your agenda?

The latest interview said something different. They said the waste dump can be accessed very quickly to recover cash flow...

Yes it will cost money, but they are going to get a chunk from the tailings dump. This was assessed and tested recently and an RNS was sent on this.

Have you anything positive to say about this share?

Can you clarify if you are holding or shorting?

We are waiting for guidance on the agreed terms for the gold ridge contractor.

If terms are good and initial recoveries are solid this share should be higher.

Before anyone can ramp or deramp, we need more information.

I for one think this will go up, but that's because I am investing in the story and potential. Yes it might cost, but let's see what recoveries they get when production kicks in.

Good luck holders...this is a 6 month hold and sell half for a free ride.

Is there potential they could be looking for a placing? The markets like to fleece companies who want to do so...

Just thinking of all the things that could hit us..

I'm in...seems this is oversold! Hoping the increased production will get this back to 4p in 2020!

Any ideas when the company is likely to make a profit? 2020?

The market cap should be double current levels.

This is a wait if out share..news of the pipeline in q1 should lift the share price...

Need to see the plan of getting to 4-7000 bopd actually achieved. Plus Argentina politics to get sorted...

If this drops to 2p I will be buying a shed load...

Apologies for the predictive text issues on my last post!

I believe EUA are increasing from 35% to 100% revenue as a result of taking control of mining in house. If has also taken years to get to this point. It may be different I a mine that gas previously been set up and a is ready to go as if we're.

This mag also reduce the cost due to the quicker ROI...

I am a holder here so I want them to turn a profit quickly. Let's wait and see what come in the next 3 months. Hoping for some positive news on securing a contractor.

GL all, my 25% paper loss is looking better today! Almost break even!!!