Member Info for jimbobtechstock

Disingenuous and you know it. The cash shell status has been mentioned several times and in fact I was the one to suggest talking to the Nomad. In fact Quindell who has bought into the falls here mentioned the RTO issue fairly recently and we discussed options and the potential costs. So either you've missed a whole chunk of the posts and are passing abrasive and unfair judgement on the reasonable posters here or you know full well your comments are made purely to wind members of this board up.

It's turning into a full-on rout. I knew I should have steered clear rather than get back in at 7p it seemed too good a price to turn down and now look! Looks like folk don't want to be in for the results - I can't see the point in running away like a pussy cat now though, not cutting losses unless I see clear evidence that this is anything more than nerves

I said at the time the market makers marking APC down more than 15% on Trump getting elected was highly suspicious. I know there's a green element to this but 15% mark down on Trump was ridiculous IMO. It looked to me like some on the book were looking for an excuse to price this lower. Not surprising the minor sell off has pushed it down - because someone wanted it low. Very little PIs can do now but the price action is making me more resolved to hold tight and see where this heads - often seen a big pull back in advance of even bigger rises on other shares. No guarantee what will happen here but I've been around enough to know that investing is as much about poker face - - -

Well I can't put a positive spin on that - someone given up the goat. Can't blame them but also can't believe this is under £8m mcap company - even with revenue scaled back to lean down the operations.

It's more the fact you told this board you had lost 250k on this stock, and suggested we could dig for the proof in Germany, before then admitting you were being somewhat liberal with the truth to make a point. The point I'm making is that you come here to wind up other posters and make statements that are not backed up by fact, such as suggesting other holders have sold out - only for them to pop up claiming they haven't. I don't know why you do it other than to poke fun at others every now and then.

No it hardly tells you anything on SEAQ and even then it's largely down to interpretation and that is usually about reading the bluffs - very rarely does anyone show their true hand on L2.

Well not quite - Cantor look to be pushing up the price, but that would be in order to sell. So not confident. But WTF would they know now, they're not involved any more. Probably just don't want to be holding - it's only a hunch.

Off a cliff - true. No volume. The MM aren't offering to take hardly any shares at this bid, but the ask has not flopped all the way down to bid. There's hardly any liquidity here but yet Cantor are propping up the 6.5p bid on L2. On balance I'd say one MM has shares (Cantor) and is ready to move but some of the others don't have - the way they make book on AIM shares that have had trouble, like APC with its placings, is weighted against holding shares apart from at the bottom of the cycle. If they don't have shares they don't want it to move. It's just an hunch based on the movement but on balance I reckon this is more about an accidental byproduct of MMs trading algorithms - possibly, as I stated earlier, coupled with some minor league sell off from some incentive share scheme or somesuch, given the pattern and quantities dumped. Coming at a time when buyers are understandably wary coming up to results and locking the book up. Hoping it will bust out of this soon as literally nothing is happening and it isn't helping anyone like this. Incidentally agree with the critiques below, BOD cannot hide behind a wall of silence and expect investors to stand by them. They should have sent some guidance by now IMO, given the issues of past 18 months, to inform the market. Ignoring PIs rarely a good sign but I still hold a candle for the company and really hope it will pull through this awful period fairly soon and some normality will be restored.

Whilst we're talking about HONESTY let's talk about those German tax records, shall we? A troll and a liar and he has the cheek to criticise others for not being completely honest about their exposure or position here.

Looks like might be opening with a small gap, 6.5p on the bid already? It did look oversold to me... MUst be the Blackpool effect! Lol

I don't think I was offering any conspiracy here - a string of smaller sells in blocks like that, round numbers but not the 10k, 5k, 7,500 etc favoured by traders was just curious and I thought of a possible explanation. Another issue shares often have is after a string of lacklustre results they get traded down in anticipation of the next results because investors just don't want to risk being in for the results. Either way I agree with the majority of observations. I would say there is a big move right now to finding an integrated solution to all the connected devices coming into commercial premises, hence why I like the look of Gooee and the fact that Gooee have raised venture funding in CA since announcing partnership with APC meaning they have a bit more credibility. There's also opportunities in the components side of IoT, as well as assembly from prebuilt modules, which a company like APC might be able to exploit. Saying all that facilities management isn't at all sexy so I don't expert herds of speculative investors but some solid numbers coming out early next year will drive this. Overall it looks cheap to me right now - or rather there's a risk of the newer BOD failing already priced in, so I think if things start to look like they have bottomed out and the fabled green shoots are sprouting then the price should be higher - 8p IMO.

I'm not denying it has been challenging here for investors and I have already been out twice now after holding for years in the run up to last August. However the trade sizes are curious. I don't know many who would dump in batches of all these odd sizes, but doesn't look like many PIs losing faith as PIs, especially those dealing in a few hundred quid to a grand here and there, typically trade in round cash rather than round numbers of shares. They would buy £500 worth or £1,000 worth then sell that. To have all these round numbers go through, in amounts too small for a professional or institutional holder's tranches, is odd. But it could be a PI selling at the sell limit each time rather than putting in a worked order. Also we're trading at quite a discount to the most recent placing - another option is the recent downgrade of "green energy" after Trump getting elected might have caused anyone still holding placing shares to sell them off at a discount to what they picked up the wholesale amount for. Strange time either way.

Couple of my past jobs the senior engineers and management got shares - not options but fully paid shares. There is (or used to be) a HMRC approved scheme where the shares were held for a fixed period after being awarded and they became tax free to the employee. The net effect was a chunk of shares being sold 2 or 3 years after being awarded. This could date back to an acquisition even. Employees don't care about selling near to miltiyear lows because in this instance they are free shares. No idea whether this applicable at APC but the string of smaller sells looks a bit odd and the MM are clearly bemused and don't really know how to price it - possibly looks like a dump-and-buy pivot play to their algorithms so they've stopped quoting for sells but haven't dropped the price atm so as no to be taken advantage of?

Who's selling these small batches? Last time I saw something like this turned out to be employee incentive shares being sold immediately upon becoming available - does anyone know if APC have a scheme?

So the mine is good. The resource always was good, but it needed Bass money to complete optimisation of the concentrator. I don't know whether to be thankful that we have £8m+ share (in tranches) in a good mine or upset that the market wouldn't give Brett and Shishr credit as the new BOD to get the job done. Either way we have salvaged something and each positive development further increases the probability that we'll make all our tranches. EQUALLY importantly, IMO, it PROVES the technical ability of Stratmin engineering team, who are undertaking this tuning exercise for Bass Metals. And this knowledge will then transfer to the new JV mine and should give new investors here for the JV mine the confidence that mistakes of old Stratmin under now-departed directors will not be repeated under Brett and Shishr's watch.

OK fair point - I spoke at length with a few people over summer and I got 4 separate views on the ownership rules. Essentially they need to file the paperwork for whatever they do, get it approved by the exchange and the shareholders. I know it was top of Brett's priority list, at least he claimed that. The business is underpinned by value in the BSM shares, plus I am very confident in the JV mine. There's no reason I can see why they can't work something out.

It's hard to get any concrete answers on Tranche 2. There was a lot of "it shouldn't be long" talk over summer but then Bass went off and started a full drilling programme for the expansion mine. Essentially Bass are doing it properly - proper exploration for proper mine planning. I think they want to be absolutely sure the concentrator design for Mahefadok is suitable for the rock types both now and in 2/5/10 year's time, rather than build a concentrator learning the lessons of Lohorano only to find half of the deposit is geographically different. I think with any RTO a placing would be unavoidable, but these generally are "good" placings, ie end up in committed shareholder hands at the star of a new project or phase in a company's life. What we need to ensure though is that the pre-existing value of STGR is recognised during the RTO, ie a good chunk of the £8m value of the Bass deal.

Not as many over there as I once did - a couple of million at the moment. I'm waiting to see how the price plays out coming up to production because, as we saw here in 2014 into 2015, all is sometimes not as it seems with miners. But I have a lot of faith in their CEO. I have just shy of a million here at the moment, I've traded a few on the peaks and troughs because I didn't sell many at all at 5p on the re-rate nor at 3p on the fall, leaving me with a horrible average which I've managed to work down to around 2.3p. I will take another 300k, maybe 500k under 1.5p if I can get them.

I had a dream the other night that Stratmin RTOd the gold assets from WRES. The only basis for this was that I am quite heavily invested in both - but also Michael Masterman is a prominent Australian miner and we have our Australian links. So there is definitely no suggestion this is about to happen - but it would be perfect if it did as it would send half of my portfolio through the roof...!

You still here mate? The 1.5p seller - is that you? You said you'd lost patience, don't blame you - but be good to understand a bit about the trading dynamics here right now.