Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Yep, but going in the right direction. I only bought in this last week. Hopefully, there will be a steady rise but it is a long-term hold, which should reap decent returns by end of 2025.
Still seeking attention NFT. Might as well move on. Life is too short. You are not the great mind you seem to think you are.
Dan is very clear presenting the information to us and that he still did it after the horrific accident speaks volumes. So, it is a clear pathway over the next months and I hope their online presence increases but frankly, they are a small team with different priorities. Sounds like there will be more news made available to investors these next months anyway.
Do you want some attention ForFX...maybe just relax and move on
Mulderoutthere what kind of sad sack of sh ite spams a bulletin board when they hav no faith in the company. Weird.
It will take time but of course people who invested in 2022 can make a profit. Lots of shares to churn through and getting the house in order. I think 2025 if not sold off before then. Lots to play for an people can average down.
The blow txt does not sound as if financing is going to fail to take place.
This fast pace of growth has stretched both the balance sheet and the existing management team. As a consequence a new CEO, CFO and Non-Executive director will be recruited.
The following Board changes are expected to take effect immediately upon the announcement of the Proposed Financing:
Gerard Brandon will step down as Chief Executive remaining on the board as Executive Director with responsibility for the Modern Water Division.
Dr Nigel Burton will become interim Chief Executive while the Company commences the search for a new Group Chief Executive.
Fionan Murray will remain on the Board as Executive Director with responsibility for the Skin Trust Club and Labskin Division.
Camillus Glover will leave the board but will remain as Chief Financial Officer while the Company commences the search for a new Group Finance Director.
Clearly funding is close given the announcement this morning. Market response so far is positive. The CEO is stayng on in charge of Modern Water. Improved Board. Should not have reached this point but it has and that cannot be changed. Underpriced based on revenues and assets. Get the cost down - with future revenues set to increase and the future can look positive again. However...let's see what the new financing looks like. Time of writing up 26%
I think it is fair to say Muggins lacks modesty. Chest puffing aside, we will have to wait and see what comes about. I don't suppose we will be waiting too long.
bemmacolli1 - optomistic, true. Unrealistic. Not necessarily. Time will tell. It is all debate on here. The RNS mentions board strengthening the balance sheet, strenthening and reorganising the board. To me, that indicates demands made by investors on his roadshow that they are making in order to invest. There will be some changes. Whether that means GB going (which I doubt) or whether that means getting a stronger CFO and better board oversight of GB, allowing him to stay on (my assumption), is to be seen. The revunues have been increasing and the skin side of the business is clearly one of great potential. Modern Water is going great guns in a world where their technology is needed. My optomism for investors jumping in is not unrealistic. Timing for doing that of course, is awful and investors will drive a hard bargain in these times that will not be good for present holders that includes myself.
My prediction is that they get the sum at a discount that is bad for present holders but ultimatley provides the money to take the company into profit in 2023 with a bright future thereafter. This is a siginificant bump in the road and not to be dismissed but the company remains attractive to investors based on the growth. Improvements to the balance sheet statd in the RNS, all point to demands made by investors if they are to invest. Talks going well apparently, so I go with that rather than rumours made here based on remours made on other boards by anonymous accounts. Fingers crossed, the next month will be rocky.
Everything points towards the return of Dan based on his holding, being the founder and probably unwilling to let this go.
For what it may be worth, an explanation beyond a paragraph in an RNS is required.
The selling is going on across the board because the markets are in a complete mess because of a european war, which has followed on from a pandemic and is looking like stagflation for years to come.
It is your posts on here that are worthless Mug.
And as we know, with skin in the game.
Share Prophets are completely untrustworthy as a source.
Yes, i liked seeing that bit too. It feels like a decent H1 is ahead. Hope so.
Except, GB is taking on a more active role, so may have an opposite effect. I would imagine nothing much will happen.
Really good. This will give it a nice leg up.