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You would hope that the team are sitting on news and use the expected Boris bounce on Friday/Monday to release the news and amplify the effect.
Although releasing news today would yield a decent rise , getting the election out the way will be better for everyone.
This stock barely has freefloat or circulation for that matter. There is only a relatively small percentage of stock in retail investor's hands. This is one of the reasons why the stock has been traded down to where we are at. Have we seen a reduction from the large cornerstone investors? No.
Also, it's worth pointing out that tang has a coniderable load of options due to expire in April 2020. Did he excercise those early? No.
They all know the upside potential on this project and the asset worth is immense. it's just a question of time and pressure. If you can and don't mind holding then stay put, average down where you can and wait for things to move.
KeeptotheFacts - Quick question. Are these the same 'idiots' who were saying get out of this stock back in the 40p range?
Oh for time Travel.
As I've said before, Retour_du_Renard's post about the 'ordinal' of what needs to happen is about the best post there has been on this company for the last 2 years.
Tang would have been wise to actually provide investors that tick list in order that investors could understand the thingking about the process and not leave it conjecture, ramping and the interpretation of long rambling RNSs.
This will probably do very well, the asset alone is worth 80p, stand alone but people need to see it as a long term investment and not a tradeable stock.
GCM - Need to ask PowerChina to restate their long term commitment and ambition to the project/JDAs.
I think that would go a long way restoring confidence here.
MMs are playing games at the moment.
News must be due.
Wonder is an RNS has been logged.
I can see 6p on the first tranche of news. Maybe 8p for the xmas recess.
Hit that classic 'aim-esque' type point where it's full loaded with expectation but muppets will offload if it's longer than a 5 minute wait for an RNS.
Sit tight. It's gonna happen this week.
You know what an ordinal is?
FFS, how dumb?
Levelup - Sorry but Badile was a disgrace. As someone else put ' Significant Gas Shows to total Duster within 2 weeks, with a whole lot of sellling in between. They had plugged it before the duster RNS too' - Highly suspicious. Don't even get me started on TE-8.
Don't defend a turd.
Yeah, maybe if you were a little more pedantic and incisive in your research, you'd realise what was going on here.
Why would anyone buy into a license here when they could wait a couple of months and buy the whole thing for pennies in administration.
Never borrow to invest .
I think Parsons could th e mood just right. Many pensioners who could, courtesy of George Osbourne, dip into their pensions or had done well on the housing boom suddenly found the internet. Parsons was masterful and told people exactly what they wanted to hear. For many this was their first proper punt or investment, without understanding the first principals. They were swept up in the hype by the pundits and channels like this board and twitter, dazzled by the Gherkin.
Parsons knew his audience and knew exactly what he was doing.
Maldini1 - How is being a pedantic working out for you?
Under 3p next week for the Sounders. Perhaps if 'Sounders' showed a little less hubris and arrogance when things 'appeared' to be going well then they wouldn't be getting slapped around so much now and people would have more sympathy and they'd be more outrage.
Gaspunter - They are all blow and no show. Typically grumbling do nothing brits. This is why Parsons pitched a lot of this stuff in the North of England and Scotland in order that the punters were at 'arms length'
There was always a boneheaded assumption that 'someone on these boards' was making a threat.
But people fail to forget that it would only take the wrong sort of Russians or Albanians to have lost large sums to Parsons antics for things to start going bad.
This is the best post (and thread) that has been on this board all year. People need to read it to get their expectations aligned.
Has a certain 'SuedDope' started posting on that board yet? Give it time.
As I said, this is 2.8p before xmas. They deal will get pulled and it will be 'dead by Feb'.
Who wants to be out of this now when an RNS could drop tomorrow and if not then Monday. Biy insane at these prices.
10, 18, 25p and potential higher at this MCAP
Totally agree.