Member Info for Ilovesushi

Bigbadbob79

"even if coal prices doubled overnight the company would not benefit". Exactly. Nail in the coffin. It is now locked in on low prices in order to keep the lights on and get loan for working capitol. There is no a going concern issues. The money is just for working capital and for keeping production high and for selling coal at below production cost. There is no longer business here. It happens a lot in the recourses sector and it was how BEN was born and brought out of mothball. It is now heading back there. When the agreements are filled there is nothing less and no business. No one will ever buy the shares or could they issue more shares. Its lights out time.

ANY MINUTE. Could be a take-over offer or Loan agreement soon after a holdings announcement. Dr Graham could now hold anything between 20-25%.

Dismiss any idea of Admin. This is off the cards. This is more to do with Board position, RTO or a straight take-over. Could be also a competing stake building then a bidding war. Either way, share price rise is on. Great Buying opp. 1 pence plus for offer. So 500% upside...Good luck guys. Be in it to win it. Too late to buy after the RNS drops..

The company is now locked into what looks like contracts that are not profitable for the company. When prices do eventually turn they will still be selling large quantities at lower prices not beneficial to the company and with maximum output they have no room to produce more coal that they can profit from. The company is basically finished. Lots of people were trapped into buying here with promises of huge profits. There never will be profits. When resources prices it fall it has devastating affects on a company and often gets them all mothballed until prices turn and some bright spark buys a company from the administrators. Same thing here is destined. Its mothball and administration. It costs more to produce than what is received. There is no longer a viable business here.

Doctor Graham has arranged a short term loan to the company to see it through to profitability. Then again he could be planning 2 other scenario. An RTO could also be getting considered or a straight take-over. Either of these is now the mostly like outcome. Dr Graham knew who to buy his stake from so he is on top of things. He knows the company well and it is possible he wants to take it over outright. His bid will have to be closer to 1 penny. THAT IS 300% UPSIDE.

Strong buy. No matter which way this goes. For sure administration is out of the picture. Any scenario must involved mist include the good Doctor. stay tuned for holdings RNS and or Update from the company. Things are a lot brighter today

THERE IS A MAJORE SHAREHOLDING ANNOUCEMENT COMING. BUY OR HOLD. Doctor Graham could be holding a 29.99% holding. He could be making a buy out. There is a large discrepancy at play at the moment. This will be clarified shortly.

OBVIOUSLY A BUYER....OR BUYERS....

This is NOT heading to administrators. Could be several scenario. The main one could be a buyout. GOOD SIGN GUYS

You have voted to take control of the company and any monies due to it. The management gravy train has ended. Its scandalous how this company has been run. Watch these guys and avoid any future company these are associated with. Did you see how they wanted to pull the wool over your eyes? These guys should be kicked out. Should be another vote to vote out the whole management. Maybe they will resign soon anyway. Damn.

Well done to all shareholders for taking control of your own company. These guys have been appalling and deserve the boot. Obviously they wanted the gravy train to continue. What a disaster of a management. Get you cash out before these guys blow it all on their salaries.

Quilter could be out entirely. They are delayed reporting. They probably sold out on the 14th. The day before 200% rise. Their shares are now taken up... The Good Doctor Graham will now pull the strings, arrange a loan and or director position or even bid for the company with a 29.99% ownership. This is a buy signal.

They were the sellers making it drop on the 13th. The 15th was the 20% rise. The shares have already been bought. There is another buyer. LOOKING GOOD. They could now be out and disclose this in days.

Dr Graham could be now holding 25%. With 4.9% more he is forced to make a bid. STRONG BUY..

WHO HAS BOUGHT 5% FROM Quilter? fascinating.

Dr Graham has a couple of day yet. But I do suspect he will report today. Yet he does not have to. He will have just under19% is my guess unless Canaccord sold to another. I drought it. The good doctor is certainly negotiating a loan with the company. This talk of administration is by the daft posters who know little. Admin has been avoided.

The good Doctor will now lead CPX to greater things. Low market cap. This has greater value than the markets has given it.

"I would not be suprised if cooley was to get rid of the bod and put his own people in".

I do not think he will do this either. More of a possibility is he would do a RTO with his own company he is a boss of. Great way to get a non listed company listed. Yet that would mean a change of management. He knows his business. What a time to make a bid. He paid a lot more previously.

Looks like he has 20% or so already. I think he already has been chatting with the management and got details from Canaccord and bought their shareholding outright.

Of course someone else could have also bought shares. Lots of shares have been traded. All positive to me. Just need an update from the management. I think a board appointment and or a loan has been arranged. We will know soon.

IT IS TURNING GREEN.

BUY BEFORE THE HOLDINGS RNS AND COMPANY UPDATE.

Several RNS to flow soon, real soon and not long to wait. First a holdings RNS and who is it that bought Canaccord Genuity group out?

Could be Dr Graham or a new holder.

Expect a possible deal to see the company through to profitability. The company has certainly been saved from administration and is no worth a lot more. Trading is actually up and will continue to improve and with a new director with Dr Graham and his team the company will do well. Its a great sector.

Share will fly soon.

UP WE GO. THE RISE HAS BEGUN. GET IT NOW.

What to expect.

Its very likely that Dr Graham Cooley with just under 20% holding could make an offer for the company. Or in another scenario he is voted on the board and with a short term loan for the company seeing it through to profitability. We could also see in place an RTO of a company from Mr Cooley that can gain a listing buy buying into CPX. Its also possible that two other scenario will play out. There could be another new holder. Boooooom

Update coming anytime now and when it drops watch this jump. This company is now far from administration as some deramper`s have stated. Quite the opposite. This company is in play and half the company has already changed hands.

Damn on a final scenario there could be a bidding war and the shares are 1-2 pence and a 1,000% plus.. Great buy in any scenario.

BE IN IT TO WIN IT.

JUMP COMING ANY MINUTE AND IT WILL BE HARD TO BUY. MARKET MAKER WILL BE SHORT. GOOD LUCK ALL.

Does the company have to announce a reason why the shareprice has risen 200%?

I think they will announce that they have been offered a life line short term loan shareholder Graham Cooley. It could even be that the management will appoint Graham Cooley as a new director, and update of a merger. Could also be a take-over. What which way it plays, expect big rise on Monday as more personal investors take positions. Is Connacord out? If they announce they are out one has to wonder who bought their shares? CPX is not going into administration as some may have believed. Graham Cooley would never have upped his stake. Could be another 200% rise on Monday.

With heavy trading of shares on Friday, there is certainly a holdings RNS to come.

With Cannacord selling down all its holdings and or Dr Graham Cooley upping his stake or a new holder. Great for tomorrow. Still extremely undervalued. Could also be news of short term loan, Cooley becoming a director or a future merger to be planned with one of Cooley`s businesses. Dr Graham knows the company and he upped his stake. I see him increasing his stake further. Share shortage should push this much much higher on Monday and futher rises throughout the week on more news. Great buy guys.

Looks certain the G Cooley will become a director and offer a company loan. Expect further Holidings RNS and or a possible bidding war.