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Hold us LTC's have little choice as all sitting on large and ever increasing paper losses. The only comfort I can take from all the failed promises of RY is that with the price of Nickel and stock levels on the rise there's no point rushing things just now. Also the euphoria with EUA just now is justified and their board of directors are being painted now as hero's but look at the shares on issue to get to where they are. Yes we have dilution and will undoubtedly have more but we need to keep the lights on. Hard as it is I try to remain cup half full and hope I live long enough to see the end game and it's what I hope similar to EUA!!
The thing is with the rise of the past week there will be traders looking to take profit abd Friday is uaually the day for this so there may be a bit of turbulence in Tully's sea today. For the majority like me we await the news we have been waiting on for years and ignore the noise. As has already been said ywwtboototw! Good luck all but for the first time with an Aim share I'm not sure you need it. ??
I have a slightly different dilema Speedy. Been here for longer than i care to admit to but still have this itch that it will work out albeit patience severely tested of late. I have not sold any so average currently 7.5p and so tempted to buy more to lower my average which I've always resisted in the past. The Director buys tail end of last year is what is making me think is this finally going to come good or do I wait until I see what happens with finance by which time it will be too late. Given my track record it's definitely a turn of the card or throw of the dice but it is tempting as current market cap is ridiculous despite recent give aways by RY!
Answer to this question for LTH's is simple nothing. Not getting too excited when price goes up, not getting too upset when it goes down which it may well continue to do solely based on sentiment having shifted until next news good or bad. However, when the offer comes whether it be soon or in a few months time that's when I will get mega excited. Meanwhile take a chill pill all intending to wait and ignore the noise!
We will have to wait for the interview but there is of course the chance they don't need the Banks as they are already in discussions with a potential partner or buyer so don't need to waste money paying commission to them!!
Not sure why you keep posting your helpful advice but very kind of you to keep gracing us with your points that you keep repeating. I don't doubt there are better opportunities on Aim but plenty risks too. I have been invested here for 3 years and am up about 22% about 7% a year not spectacular but compared to other Aim stocks satisfactory and likely to continue and improve when loans repaid and other income streams come on board. So I will politely decline your advice and stay invested!
I have to agree let's hope they hold on to them. Still hoping for an EUA type increase here problem is for many of us LTH's unless we have averaged down need a huge uplift to get into profit. I perhaps foolishly am hoping to make a lot more on EUA and use some of this to average down here as despite everything I still believe and wait ever patiently. Maybe next year hurry up RY you and I need to retire soon!
I have to say I'm not a ramper and have sold some shares to get my initial cost back from 5 years ago so now gave a free ride so not greedy either. However, I just cannot see why someone would give away 1 per cent of the company unless this was going to give him a far better return than would have otherwise been the case. It may be it takes a few weeks or a few months but does it really matter a mega deal is coming and I am happy to wait and see how big and ignore the noise until then. Good luck all. Happy days.
I have seen this so many times now on Aim the first bad day and a multitude of derampers arrive and the rampers retaliate. You really need to decide are you a trader or have you done your research and if the latter and you believe in the fundamentals ignore the talk hold fire and wait for the end game. I have just finished listening to the proactive interview today by the companies largest shareholder and I thought it was very positive, chill what's the rush another few months if need be to get the best price! I know what I will be doing.
Bought in here a few years ago having done some research following your as usual enthusiastic recommendation on the Amur board. Now well in profit though sadly not with Amur! Hope you are still waving it and still in here mate, it's taken a while!
I understand your frustration Joe I have been waiting over10 years now and did not sell in the 40's to my great regret and am now down significantly. However, in all the time I have been invested I have never known RY to be so quiet. He's either ill, doing absolutely Zippo or there is something going on he cannot discuss at this stage. Which one, none of us know but I really do hope it's the latter as I'm sure you do!
I agree TD2 but I do find the current radio silence from RY surprising. Despite some saying it's not unusual I feel it is and am hoping it's because he can't as I've waited long enough and with EUA going nowhere fast and Sound Energy a disaster I could do with a change of fortune!
Skopolitis as we approach the end of the month I assume they will be out this week. Was there any indication why they are late this year as looking back as far as 2015 they have been announced early April every year? Hopefully just crossing it's and dotting i's and nothing to worry about! We will see soon enough hoping for good news.
Anybody expecting anything but good news from annual results? Hoping they will be out this week and will help a sustained rise to more realistic levels. Probably depends on if any word about a dividend.
To be honest TSP I would rather see news of a dividend being paid when they hopefully announce good results for the year very soon.
OMG after years of seeing your utter regurgitated tripe on the Rhythm board I really hoped it would end when the merger took place but no such luck up you pop like the proverbial bad penny! Are you not boring even yourself now please get help you obviously are in severe need of it. YAWN!
Good morning GB33, I don't know enough about these things but could RY not look to existing shareholders for a rights issue to raise the funds needed or does the existing Riverfort deal mean this is not possible. I have said it before but I would rather put a bit more in myself than have another bad finance deal for us long suffering shareholders until the end game!
FlBW unlike some I enjoy your posts and it's good to get balance on the board. I get your point about relevance but can you explain to me why you see the price and stock of Nickel to be important on the Amur board when if anything this company is further away from producing than Eurasia. Surely it's not relevant yet for Amur either or am I missing something?
Unlike some Tricky I respect you're opinion, any thoughts on when this may end and if I will ever make some money on this share as I've been waiting a long time now and had hoped the licence issue would be the catalyst and I would not then make the same mistake as i did with Amur and hold on to them!
Good morning Joe, sadly I have to agree with you. RY strongly indicated the PFS would be produced last Dec and recently said it was coming soon, he has also mentioned more than once news on the road was coming but radio silence. I just find it incredibly rude and disappointing he cannot even acknowledge and apologise for the delay. I dont even mind him saying he cannot discuss why and leave it at that but to continue to completely ignore the legitimate concerns of long term shareholders is wrong and he is going to have a very uncomfortable time at next AGM if this silence continues and he turns up!