SC72 extension for 2 years
a lot of people watching this one and a number are trigger happy!
There are always people who think they can judge a value better than the management. Without the full facts I suppose there is nothing but guesswork. THe management must have considered that their primary interest was in agriculture not oil and to be deflected by the gleam of potential riches which involves taking risk, could be harmful to the development of the business. If people want to be in oil they should invest in an oil company. THe fact remains that the primary business is currently valued at less than zero which is ridiculous as there is absolutely no fundamental reason to give a negative valuation!
Seems to be a seller at 3.35p. 250k,500k,1m trades at this price. Maybe a coincidence. Do they know something or are they a forced seller in desperation? Cannot tell of course.
I don't think so! This sounds like dishonest dealings by MOG. The timing is too close for them not to have known and they should have shared that with partners. LGO is not a third party who are not entitled to know what is going on when they ask! If they will do it to them they might well do it to you!
is based on the seas being their ancient fishing areas. It looks ridiculous by the map and wouldn't figure in international law. Always the doubt about whether China really respects such regulations or thinks it is a law to itself. I wonder if laws are only recognised if they are a means to better China in some way? Maybe I'm just cynical. Any Chinese have a perspective to share?
I bought these at 11p in Spring 06! 20k of them. Added 20k at about 5p later and have held since. 40k is now 1600 FLOR. Which means as I said that I paid £2.20 each for those 1600. Buying at 40p or so was a steal! LOL; probably should average down but how many companies can I average down and when?. Not all of them, that's for sure! Plus I still want cash in reserve cos despite all the technocratic governments rising from the ashes of sovereign debt, no one really knows how this is going to pan out! Least of all little-mee!
I think you've been around a while. Do you remember Mahgreb minerals? THis is the resurrected Mahgreb! I held Maghreb and in this company effectively I own shares at about £2.20 each! A bit to go but the placing at £1.05 does give some hope expectation is higher than that.
Is that a serious question? Acoje in the Phillipines is every bit as good as Caldag and probably better.
$40m. Such promise; dragging on for years. Someone believes it will come good but it won't be enk which benefits. Still, the clarity on finance should be positive for enk. In a time such as this, very positive!
completed. Further derisked. just waiting for the FPSO vessel to be finished and come and get the oil. Net to LHD 2200 barrels per day... revenue at $100/barrel is £50m a year... mcap £32.m screaming re rating by year end.
you're doing a great job promoting this. Bought a few more at 43p in the last dip. Not at the numbers I once had but this is often illiquid. One day that won't matter. When you see the uplift in the value of FEC resources on the back of FEP it is beyond my reasoning ability to understand the broker note to sell and further that the sheep actually followed it! It's still suffering for it. All the better for those willing to take opportunities when they come. Got to be prepared to hold for as long as it takes to get enormous reward. Mind at this price it's probably good for a flutter by anyone!
Been in my bottom drawer since 06! Just before suspension I dillied about averaging down! I was lucky to have added 90k tym at the right time to the 10k I had at much the same total price! Oh well, wonder where it will open on re admission? All in the timing as they say!
surely mtl must have it's day soon!
What a roaler coaster ride this has been! How frustrating it is when people don't keep their word for some political end we can probably barely comprehend! Very hard on those who have patiently held and should have been rewarded. One could postulate this was a necessary statement on several levels, one being to put real pressure on the Turkish powers to decide to get that permit signed. Upside from that possibility is keeping the sp where it was earlier this year. So I'm back in with some at 23p. I can see it going down to 17p for a while if we really do abandon Caldag but so much is in place for the company to progress quickly in the Phillipines. Infrastructure currently warehoused in Turkey could soon be transported out. Finance connections are already forged as are buyers so I think this company is very much destined for success.... question is... when and where!
Agreed. This is a rip off for us. Had these on and off since IPO. This was tipped then as a good one and the tip was right. Its a shame for us its drifted so low Candy was able to pick up 44% at 13p and has enough promises to take over apparently. The reality is it has. However, all is not lost. Anyone who hangs on to their shares, or buys after this is over I think will see the sp rise on funding to where it should be in due course of time.
cos these are warrants not shares. Read below. Refer to POG for share price.
2010 Outlook The Company has witnessed robust market demand in the beginning of 2010, which it expects to remain through the first half of 2010, with stabilizing polysilicon prices and increased wafer spot pricing. For Q1 2010, ReneSola expects total solar product shipments in the range of 215 MW to 230 MW, revenues in the range of US$195 million to US$205 million and gross profit margin to be in the range of 16% to 18%. Although the Company anticipates solar wafer price declines in the range of 10% to 15% in the second half of 2010 due to increased competition and feed-in tariff cuts in international markets such as Germany, the Company maintains its full year 2010 total solar product shipment guidance to be in the range of 900 MW to 950 MW. The Company expects to be profitable with average gross profit margin in the range of 17% to 20% for the full year 2010.
much higher production ans sales. Loss for quarter attributed largely to doubtful receivables from sale of Linzhou Zhongsheng. Return to profit in quarter 1 2010 as inventory of high priced silicon all but used up.