Member Info for ismalia

The problem for us is of course that you can have the biggest oil field in the country but unless you can sell it its costly to store. But oil like the tide goes out and comes back in again so those of us who are LTH need to be patient and perhaps take a few more at these levels.

I think about 20 November

I wonder if those, including Leni, who will end up with an interest in WSBN may look to become more active in the company. They could have held back on giving the options but instead have decided to grant these to a listed company Who knows perhaps they are looking for a low MC vehicle. No doubt RP who is also Australian will know Lenigas & Co.

I guess that from next week onwards we can expect more interest here as investors take a more positive view with most not wanting to be left out should the option be exercised. I think that the overall market sentiment is not helping us and we need to be positive about the outcome, and if it is positive news it will as I have previously posted come sooner than expected. We shall see and good luck all.

Thanks roleyb, fully understand.

£20k is not insignificant and I think we can expect a positive result well before the 45 day time line expires.

Yep I am inclined to agree roleyb.
Do you have any thoughts on the proposed RTO and in particular the possible inclusion of WeShop.

No doubt very positive - any thoughts on the potential benefits going forward?

Half way through the option period and I would expect news within the next ten days. I cannot see it going to the wire as WSBN would know the potential well before then. So the next week or so could be very interesting and if we exercise our option the sp would open that day much higher than it is now.

Are we taking up our rights in KK like Powere Metal?

If the prospect in any way resembles NORILSK and several qualified people on the BOD and consultants feel confident it does then we are substantially under valued at the current MC. The current problems with the pandemic is not such a problem for us but it seems if the market struggles to realise that. There should be an abundance of good news flow over the coming weeks the result of which should reflect in the sp.

I think this has gone too far, has had, and currently has too many people and interested parties involved to allow any date derail the end game. We are currently in a bull market for the sector and the need for the sectors' products will be chased for years to come. I would not be surprised if there are other unconnected parties watching from the side line to see if the deal is done, and if not ready to step in.

May take another look - market was down today re concerns about the pandemic but it looked as if the BARK bid had simply been marked down.

Looks as if you two are all talk - no trades today from either of you.

Almost 16p bid!

Hope so then I can top up.

Good lady Cawdor1! I'm seeking a bad one. We are almost.4 months from the year end and it is fair to say that there seems to be a little more interest in the stock. We have had a couple of RNS's and it would seem there are subtle but perhaps meaningful changes happening - senior staff, shares issued, and the more recent Sleep hub announcement. I am wondering if either you or Fortitude have any thoughts on PR and if we can expect a much more informed package when the final results are announced. These results I feel will be no more than accademic as it will be the longer term potential that will be of interest. I have been here from the early mining days and was pleased excited by the transformation into BARK - but a little dissapointed with the collapse in the sp having taken more stock at 30p plus. I seem to remember a splash in the MOS which was also upbeat, and I trust that the BOD will make it a point of it not being a one off. We shall see.

Yes you certainly don't open new outlets unless you are confident. Highly geared and it will be interesting to see what sort of update we will get at the forcoming AGM. My own thoughts it will be positive and will support a higher MC

A problem I see is that of margin on any lending with interest rates tending lower for some time.

While we wait, but for how much longer. As I have posted I feel it would be unlikely that this would go to the wire. They would no earlier than the 45 day option time and if it was good news RP would want to get on with the business, and were it to be bad then take it on the chin and continue with other projects. If no then we could be down 50pc, but if yes then an initial 10p - 12p. After that a steady news flow would see further upward movement. All a guess really but if in the market to make money then chances have to be taken on whatever news there is and a gut feeling. Easy really.