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I will look to join the BCE party on Monday. Tried to pay an entrance fee of 0.052 but it wasn’t happening.
We know HEX is being churned to let the pre ipo lot out. Once they are done it could move quick as it has a small free float. I’m putting an initial sum in but also holding some back in case.
I echo what others are saying about Bhargav. I used to think he was a respected LTH on here, but he just seems to be repeatedly posting the same drivel over and over again, usually multiple times a day. How many times do we need to hear how BG is "this and that", how he is mugging us all off, about his recent placing and blah blah blah. Posting like a broken record How can anyone be a LTH in a share and yet have such deep rooted negative opinions? Doesn't make sense to me.
Did he make a big loss here and the bitterness has overcome him? Or is there some other kind of agenda here? One thing it isn't is someone wanting this share to do well and helping to build positive sentiment on this bb. Anything positive is just received with a barrage of non sensical rants. All imho
The fact that he continues to tweet away is also indicative that all is going well in the background with the Anza due diligence. Were it otherwise, he wouldn't be tweeting like this. The OMI team is also on its way to Columbia to prep the Pepas campaign - again another sign that the deal is near to being completed.
It might not actually take until the end of May, and so we could be anything from 2 - 4 weeks away from getting that big RNS. Double bottom on the chart forming?
Interesting table this:
https://twitter.com/andrew_neal7/status/1783438675650412987
I see little evidence so far that POW will see a share price rise through the endeavours and achievements of its spinouts. In fact, the evidence would suggest the opposite. The way AIM operates, you have a minority who are LTH and who will see and invest because of POW's business model. They will appreciate the spin out model and its potential. The rest (i.e. the majority/herd) will only buy these shares en masse based on POW's own projects. I don't see the herd reading a RNS relating to GMET, for example, and deciding to buy POW shares in response. The chart of GMET looks much healthier than that of POW. They are not moving in tandem.
So, with that said, I am leaning to the view that in order for POW shareholders to see a return on their POW shares, we need some exciting news on one of our own projects, and not the spinouts. It's almost as if the spinouts are a sideshow when it comes to POW's own share price and the level of buying demand here. Just some thoughts....
I think OMI is worth keeping an eye on. It has pulled back after announcing a slight delay to their Anza deal, which is now expected by end of May. I think it is primed for a decent move back up next month.
As for ORR, their funder is Landstead and the higher the share price, the more money they have to pay to ORR. Therefore, it's in their interests to keep the share price suppressed, which is what is causing the annoyance over there and is one of the factors that put me off it.
I managed to pick up some more in the 3s and I am well chuffed with that. But as soon as I tried to buy some more, the asking price went back up into the 4s. It wasn't a large amount either, which tells me what I need to know. Just look at the very low volume on which the MM have been moving the price of late - taking the p in the hunt for weaker hands.
I think you have to make a judgement call here on whether you think BG is being honest or dishonest about 1) this Anza deal, 2) its timescale for completion, and 3) going quickly thereafter (i.e. within 4-6 weeks) into Pepas drilling. I believe he is telling the truth on all three, and so for me, this is another gift of an opportunity to build a stake for what I am confident is coming down the line here next month. Others might disagree completely. Others might secretly agree but decide to de-ramp to buy lower. It's all part and parcel of the casino that is AIM. GLA
Don’t fall for the bs. The guy is a trader pure and simple. I’ve long thought that. He even admitted recently that he was posting negatively whilst buying the shares. You can’t get more blatant than this. In any case why would you listen to someone who is posting 7p or even 20p predictions one minute and then 1.8p the next? Doesn’t make any sense. Also posting his negative rants in tandem with doormat?
So the rest of us have a right and good reason to call out the bs aswell.
Anyway I’m not all that fussed by their constant deramping because I have no doubts personally that the deal will get done and so happy to accumulate at these levels in the run up to the RNS landing next month. All imo and GLA
Folks - just take it as another opportunity to acquire cheap shares and build your stake here - that's what I did today and will continue to do so at these lower levels. It will better allow you to trade the weeks and months ahead. All the signs here are pointing towards big news landing here next month. I mean they have given up the Tin JV - so what more evidence do we need of the direction of travel.
Watch out for the MM games here as well. They need/want shares. Those late sells were in fact buys. I know that because one of them was mine. As soon as I put it in, the price went up again and I couldn't get the same price on my next chunk. Maybe they don't want us to see the buyers that are accumulating at lower levels, in case we decide to do the same.
Let the chart be your guide - it is looking quite constructive right now (large base forming and potential double bottom into news anyone?). I'm certainly an accumulator at these levels. All imo and GLA
I don't think they will return to KSZ or Ditau - unless they can find a JV partner (which I think is unlikely). The focus will be on Zim and KCB. Early success at KCB will obviously influence what happens next. I'm sure Purebond will continue to back their investment here, especially if the results are promising, as they have been so far in Zim.