Member Info for jonesrichard

We had an quarterly progress update on 2nd July then the next one was on 27th September so would there be another one late December this year or more likely beginning of January next year? the co haven't stated anywhere when the next updates are due have they?

that when for example the co tweet out literal tangible progress like they did in todays tweet that the sp doesn't react at all pretty much but yet when the FT or the fool produce an article that isn't always accurate the sp will tank 4-5 % without too much resistance at all.

Doesn't really seem logical, seems like nothing much will happen with the sp until the make up of stage 2 finance is revealed, not long to go in the scheme of things especially if you have been here for years already, just hope the patience that LTH's have shown will be reflected in the sp come early next year. GLA

My understanding is that it would have been considered price sensitive if he had been too specific with regards to any funding.

the markets react positively to the budget over the next few days? guessing their wasn't anything in there that would have a negative effect on SXX so todays budget shouldn't cause us any harm at least.

You are correct duracell, the sp closed today 1.98 % up.

Reassuring to learn that I'm not alone in being over exposed then, the recent falls have been unfortunate in that it kind of gives oxygen to doubters, derampers etc, like you say, only a few more months until hopefully stage 2 finance will allay alot of fears moving forward then the doubters, derampers etc will have to think of something else to be doubtful and derampy about but at least the sp will be up past 35p by then hopefully. GLA

of just SXX? just wondering if I'm the only crazy one, I suppose this type of share is a 2-5% of portfolio one, just wondering what the average % here is of the posters on here, hoping there are a few of you who are over 70 % as won't feel so crazy then. lol

Ok thank you Mr dt for digging that up. Much appreciated. I agree with you that historically Torps have not had a major impact on the sp but at this point I would be happy with any news that the market may deem positive.

Can anyone confirm that the co stated officially that a European Torp is due before the end of this month? or did I imagine it? I'm sure I read that on here a few days ago, if anyone could confirm that the co have stated that officially that would be most appreciated.

Thanks

Hi Tony, it depends if you can afford to risk any more of your money, if you are patient I have no doubt that you will have a chance to ultimately sell at a profit, impossible to know when that will be though obviously.

I would personally try and average down but then again I'm biased/deluded/a bit obsessed when it comes to this company as have ended up in a position where I basically have to keep telling myself that in the end everything will work out.

It really comes down to if you can afford to lose anymore if the sp was to tank to the point where it won't recover, as
I 'm sure you have witnessed how irrational the sp can behave here, on the plus side it means that the sp can rally and recover to previous highs very sharply.

All the best whatever you decide to do.

Calm down,you seem so excited that the sp could hit 20p, anyway it hasn't yet, some good news between now and xmas will see the sp more likely around 30p than 20p imo.

'Oilman I remember when you stated that the SP would drop to 20p (I said 25p) and they all laughed at you calling you and me derampers. Well in the words of a certain N Farage "your not laughing now are you".

The share price hasn't dropped to 20p though has it Dickyboy so your boyfriend was wrong when he stated that the sp would drop to 20p wasn't he.

If stage 2 was released this year with favourable terms then the sp would hit at least 50p by xmas so in answer to your troll question 50p wouldn't be out of the question this year dependant on news obviously.

URAvinALaugh- The one thing you are most certainly not doing is making anyone laugh with your silly posts, stop attempting to troll this board please, its making you come off as very unpleasant indeed. Behave yourself.

Sounds like I'm in a very similar position to yourself Alan,the not so funny part though is that it is now conceivable that new investors will be able to buy fairly close to the price that I along with other pi's paid over 5 years ago, one reassuring thought that I could always cling to when we have been messed around with regards to the sp was 'at least I have a nice cushion with regards to being in a decent profit'

Thats no longer the case and if we have 2 or 3 more days of these inexplicable drops then new pi's will be buying in at roughly the same price that my average is at without having to have gone through everything that us LTH's have had to put up with for the last 5 years +

The recent drops can't still be a reaction to the 400-600 mill extra required as we dropped to 21.70 on that news and the sp recovered back up to 29p so really am at a loss at this point, the question is is there some bad news that is behind these drops, you know that pi's are always the last to know, I suppose volumes haven't been overly large with suggests that maybe there isn't anything really bad to come, we really need some good solid news, really don't think a torp is going to cut it as like Dave said it is all about the finance, I suppose in theory it could be finalised and released this year, now that really would get the sp moving back up, can't really see it though as surely if that was likely then the co wouldn't have extended the time frame from the last quarter this year to the first quarter next year.

If the sp drops below 20p then really will have to consider selling then seeing what happens with stage 2 then re access from that point, I'm still a believer still but can't risk the sp going below my average now just over 300000 shares @ 18p which is literally my entire life savings so need to be a bit cautious if sp gets too close to my average.

Fair enough these recent drops have enabled me to add quite a few more shares but the sp is getting too close for comfort causing literally sleepless nights, its my own fault as if I had say 5 % of my savings in here then it wouldn't be too concerning but obviously having all the eggs in one basket makes things much more stressful, admittedly a basket that I still love, maybe will always love just hope this basket doesn't end up stitching me up thats all.

Anyway trying to stay positive, as always I think Iv'e been honest with regards to my currant position, possibly a bit too honest. lol lets just hope the sp doesn't dip below 20p as then I won't have any decisions to make and will be able to keep currant holding exactly where it is. GLA LTH's

For future reference the 16.35pm price on google finace will always end up being the closing price on Hargreaves accounts, the london stock exchange website and on here so the 16.35pm price is always in effect the correct closing price, ignore anything else you see, just take the google finance 16.35pm price as the days finishing price.

Or alternatively it could just be a correction of the sp as the recent drops have been nonsensical bearing in mind progress and news to come.

Yes, possibly leak with regards to European Torp or it could even be that stage 2 has been sorted and that has leaked out, that is a longer shot than the Euro torp admittedly but you really never know do you.

25.14-1.87 %

25.62 +2.07 %