Member Info for Justone

Well we will just have to differ, and I am very comfortable waiting, nursing my paper loss. PC is also in the same boat with his paper losses. I presume you are still around as you suffer from FOMO, I would suggest you move on so it can get better. Not every investment turns out to be a winner, but the fat lady hasn’t come out on this one! She will this year, there has been an RNS on the subject.

It is taking its time, disappointing, but we have no alternative but wait. Hopefully the next RNS will take us straight into warp mode, with everything sorted, machinery ordered and a lease on the port! Forever the optimist!

The trouble is Sheldrake that there is progress in every project, if you would care to remove your resentment blindfold, and read the company communications. We are fully funded and we have a time frame. What is not to like while we wait for the RNS’s that give us some values. Share price is dreadful, but a lot of that has to do with the sector. Relax and enjoy the ride.

I would agree that global economic forecast’s are not good, but expectations on world growth are still 2.5%. There has been a lack of investment in commodities for years, because of low prices, creating physical supply issues. The pricing of the physical is controlled by the paper market, not the physical. Look what happened to Nickel last year. The Chinese, Russians, Indians know the USA game and play along. The USA are interested in short term profits, and don’t think strategically. Easy to do, when state controlled. We are too busy on equity issues to notice the shift.

Well I have put another 4K in, on the strength of their silver asset. Personally I think silver is about to go well over $30’s. There is a seismic shift going on in the world, with a move away from the dollar. The time for commodities is arriving, and we are going to have our day in the sun, who controls the commodities is the name of the game. IMHO.

I see the opposite in Gold, the strength on fundamentals rather than charts etc.

https://youtu.be/3PYuPkbyhKU
This is worth watching, shows what is happening in the USA with domestic physical demand and why. This bodes well for the future price of gold and our selling price. This could be a train that can’t be stopped.

Forever the optimist, this increase in gold price might stir up some interest in our legacy assets. Gold to $3000, might turn into a feeding frenzy for small gold assets! Strange things will happen as the dollar slowly loses its reserve status.

It is only 25 million warrants, at 0.15p that is £37,500. PC will have to put his hand in his pocket to receive them. The purpose of the RNS was to reassure PI that behind the scenes things are progressing, giving a time line. IMHO. He has all the incentive under the sun to make this work.

In a years time Safe you can call me all names under the sun, if we are in the same place. In the meantime, please allow someone to have a contrary view without trying to make it personal. I feel your pain, we are all suffering.

We’ll surprise surprise Safe, I will defend PC. He has given a direction of travel, we are fully funded to take us through to deal time. The RNS on Friday was a clear sign. I am as disappointed as all holders in the share price, but the market does not recognise the value of our assets. I know you are frustrated, but we have just had the AGM and you can see the votes of support, so an EGM is not going to happen. We just have to be patient, and watch a few sellers bring down the price. This is investing in AIM. Patience is required, it will be this year.

Nice find. The market is slowly turning in our direction. SRES the place to be, hopefully!

Our resources make a takeover a distinct possibility, especially when we are fully permitted for a 28 year mine life, with potential for expansion. It is looking good on the Tolsa side as well, doubling the size of the drilling. They have a million to hand over and pay the 3% royalty on all the staked land. They have obviously found something on the extra land. I would have thought Tolsa might be interested, especially if they could buy out the 3% royalty on the cheap. With the share structure I would think it would come out of the blue, rather than a gradual accumulation of a holding. How many shareholders would jump at say .5p, a good gain for our new Green fund investor. Patience as usual, but our assets certainly underpin the current share price. It could get exciting even for the PC bashers!

What do you define as a meaningful update on the CS project. I would say it was signed contracts. Including the Tolsa is logical, without it people would assume it is not going to happen. A case of PC damned if he does and damned if he doesn’t.

I felt the same Twiggy. I see the RNS as a very positive message to the market. PC has to put his hand in his pocket and buy these shares at a premium to todays price. Patience as usual, but it should all come together this year.

It is going to be a difficult road I would agree, but they do have a plan. The valuation is underwritten by the assets, which are based on food production, so are worth something to someone. The listing is also worth something as well!

I have decided to have a 2k punt on this after the raise and drop this AM. The company’s performance over the years is dire. Too much invested by the management not to create some value out of it at this level of valuation IMHO. It will be a slow burn, unless there is some corporate activity in the meantime. I did invest here a number of years ago, but only lost 80%! I do however like the sector, but it is Africa so attracts a massive discount.

https://advancement.calportland.com/

Ok, fair enough, we will see how the story enfolds, a test of our interpretations.

Terrafin- have you ever spoken to PC? It may help with your views.