Member Info for Jim78

I hope your investment decisions aren't based on these feelings 😀

I found out from Paleje on ADVFN: here's some more info he posted yesterday; 'To all who've commented and pm'd on Cyprus Steve thanks, and I've passed on to his close friend and best man at his wedding who thanks on behalf of the family. The funeral was Monday in Cyprus, post mortem said weak heart failed, he was also due a nasty op for a painful back prob which he didn't fancy but never moaned about. Life's a bit emptier.'

Not sure if anyone's already aware but I've just heard that Bogroll (Cuprus Steve on ADVFN) passed away last week. Long termers here will know him as a regular and popular poster. I for one will miss his input, he was a good bloke.

Hopefully for all those long suffering long termers here this move is an indication of positive news on Monday. However- with regards this email from Dave stating a 3p target!!??!! This poster is asking for trouble- clearly lies. No director worth his salt would ever email info like that to a private investor- it would be a breach of market rules and Dave is certainly too experienced to do something that daft. I wouldn't be surprised if Dancy sells up first thing Monday morning, if he hasn't already. **** taking bull ****ter right there and anyone with any common sense would disregard that information.

Anyone else starting to think that there may be some complications preventing them from issuing the licence? I was in the camp of being of the belief that it would definitely be granted (albeit not this year) but now I'm not so sure. I wouldn't be surprised if the authorities have been moving the goal posts around. There must be something preventing it as it's been too long now even given the slow rate of beurocracy. If we are to believe the reports of positive emails from the company posted here over the last few months then there shouldn't have been anything left to hold it up. The various long term holders on here must have their own theories? Sensible answers only on a postcard please- let's not go down the road of dismissing a negative view. If I were still a holder here it's definitely a debate I'd want to be having.

But it's now 1.7- let's not be misleading about it. The unfortunate truth (IMO) is that you'd be better off selling up, investing in a couple of high yield shares to recoup some of your losses and coming back to this in a couple of years. The wheels in Togo are turning far more slowly than anyone should be comfortable with- when the licence is eventually awarded (this year would be a miracle) they're not going to suddenly start sprouting money. There'll be further delays to suffer in getting the rumoured funding signed off, if those funding sources are still available. Difficult to see them producing any cash before 2017- they will need to raise funds on 2 or 3 occasions before then I would have thought. Averaging down is a mugs game but if you are going to do it I'd at least wait for the price to drop further or you'll just be doing it again in a few months.

Maybe you're just misunderstood. You should work on your approach, you come across as just another bitter de-ramper. That's fine, it's up to you after all but don't exect to be taken seriously if you don't show any respect. I'm sure you like to throw around phrases like 'I'm offering balance to an unbalanced discussion' etc. Practice what you preach, show some balance, you've stated that you have a target entry point so you obviously see something in FRX. Why don't you talk about what is you see in them from time to time instead of just trashing it constantly. Come on; what are your reasons for wanting to invest at .35 or whatever price it is you're after? Just temper your approach 'cos until you do no one will take you seriously. The balance thing works both ways of course, there's a couple of newer posters on here that would benefit from considering the possibility that things don't always go to plan on the good ship FRX. Good luck all.

But misleading that. The statement says: 'We expect the Mining Permit to be issued in the next reporting period'. So that's any time between now and 30th September.

As stated in interims- 'Ferrex plc, the AIM quoted manganese development and iron ore exploration company focussed in Africa, is pleased to announce its interim results for the six months ended 31 March 2015.' So the next reporting period runs 1st April to 30th September. So the statement in the interims that the licence will be granted in the next reporting period suggests anytime between now and 30th September whereas the RNS on 30th March stated: 'Next step is the grant of an exploitation permit anticipated by the end of Q2 2015'. Or end of June 2015. I'm not saying it won't happen by the end of June, just pointing out that once again their stated time frame has slipped. This is what causes uncertainty and that, in my opinion, is why the SP is where it is today and has the potential to drop more on the basis of the uncertainty, especially if June does slip by with no licence. Either way it's a moot point for long term holders who will eventually see significant returns within the next 18 months from anything under 1.5p (IMO). And those that have got in at these levels will be even happier I'm sure.

Sorry Oilmagnet, just noticed that the response was from yourself and I addressed my response to Steve. My apologies, I should start concentrating more but I've only had one coffee so far. Anyway, all the best.

Absolutely agree that there is significant upside from the current SP Steve, for what it's worth I'm of the opinion that anything under 1.5p will produce significant returns eventually.... I'm just pushing my luck with a re-entry point. I may well get caught with my pants down and miss the boat but that's all part of the game. If so I'll buy back in on the basis of a maintained reversal in the trend to the positive, albeit at a higher entry point than the current SP.

I see they appear to have dropped the prediction for the mining permit by end of Q2 and are now saying some time in the next reporting period which could be anything up to end September. As you know part of the reason I sold out was due to the ongoing insistence on setting targets that they should know by now they never seem to meet as the variables are out of their hands. Ultimately it doesn't matter because at some point the permit will be granted but it does cause uncertainty for the market which is why we've seen the ongoing decline in SP. I hope for the sake of holders it maintains the current support. I have been considering buying back in at the current level but there may be further drops yet given the ongoing uncertainty. Good luck all.

ADVFN lists the spread as a percentage and has it at 0.25 or 33.33%

Despite the lack of info from CCE themselves it is nevertheless a good sign that things are moving.... Green Acorn are signed up as a distributor and installer and seem to be impressed with the product. Yes CCE are a bit on the quiet side but you can't get better PR than customers bragging about the product for you, let's hope we see more of this in the coming months, it would be good to get some sales figures for Redt included in the next results.

Tweeted this morning by Green Acorn: @acorn_green: Just signed order for a REDT 5kw x 30hr offgrid redox vanadium flow battery, c/w 4.5kw integrated PV system to cover UPS in Somerset!

Just thought I'd chime in with my post from ADVFN, haven't posted on here for quite some time. 'Jabil contracted detailed technical due diligence, patent rights protection and market demand research on REDTs product prior to entering into the Agreement.' If Jabil are confident enough of all of the above to bother taking on the contract then there should be no doubt in the minds of investors or potential investors. And with commercial sales to commence 'in the near future' then I would imagine they are deep into discussions with potential customers. From my point of view Redt has always been a potential added bonus with CCE. Signing up to a manufacturing deal with Jabil now brings Redt fully into the equation. Jabil wouldn't sign up to a contract without being confident of it being worth their while. Their due diligence process would be thorough enough to ensure that is the case.

It will get there in time. We were spoiled in a sense with that big rise but things are slowly falling into place that will create growth in the future. I'm not a fan of sudden sharp increases, they create unrealistic expectations, especially for the inexperienced investor/trader. When those expectations aren't met people get impatient. Hopefully the SP has bounced now and we'll see a steady more sustainable increase over time in anticipation of increased revenue in the next results. Slow and steady wins the race in my book. Good luck All.

Agree with that Active, no one in their right mind would take stuff like that seriously. Might as well put a blind fold on and press random numbers on a calculator to come up with a valuation. I too am a holder but a realistic one.

Passed a vote today to prop up the carbon market, some analysts are predicting a 35% increase in the price of carbon in the EU as a result. As we know, any increase in the price of carbon is a reduction in CCE's liabilities. Also with China now introducing carbon markets CCE are well positioned to take advantage. Jolly is right in a sense, we are still waiting for carbon markets to gain traction but there are a lot of positive signals from various countries. The Californian market is auctioning carbon credits above the base price of $10.7 and have guaranteed yearly increases of 5% is inflation. It's interesting that the biogas projects aren't getting much of a mention, there is one up and running and providing revenue with the purchase of another soon to be finalised. The new one at the Twin Falls site provided $300,000 of revenue in the first 4 months of 2013,with higher power rates in the second half of the year it would be reasonable to expect a minimum of $900,000 of revenue from sale of power generated by the project. You can add to that whatever carbon credits are awarded for the project. As for Redt, it's potentially very exciting prospect in a market that is set to be huge. They have put themselves in a good position to grab a chunk of that market with support from the UK government. Also as CCE own 49% of Redt it is likely that they will be recommending the use of the technology in any systems that they are consulting on. They have a world wide network of contacts in the industry and they will no doubt use them. Redt also have a pilot system in Portugal- a country that sources a large proportion of it's power from renewable sources and are committed to reaching 100%. They will need efficient storage technology to achieve that. At the moment for me the backbone of the business in the future will be biogas and carbon credits. My investment isn't based on redt, it's an interesting side project with massive potential but until they start releasing news of contracts it's purely speculation. It is my view as a long term investor that my investment here will be one of my most profitable. The SP will fluctuate on a day to day basis and those with a short term view may be disappointed if they aren't prepared to hold. This is all in my opinion of course and everyone should do their own research. Especially into the carbon markets which can seem like a shady and complicated area. Good Luck all Holders, Jim.

Treacle is obsessed with Stockologist. He stalks him on ADVFN. Any share Stockologist is involved in Treacle will try to talk down under the misguided impression that people listen to him. If you want a good laugh have a look at his MTV thread on ADVFN, it's absolutely hilarious. The catch phrase is 'RNS tomorrow'. Brilliant. His opinion on CCE isn't valid, it's simply him satisfying his Sockologist obsession.