Member Info for LGO-fan

not always the case....there are few ex-CERP holder here who cat testify to that!

Vmax, I often find Ross's posts irritating at best, but to be honest he is right: LK didn't deliver, despite all the promises and all the big grins. I am not sure why he came on board at LGO, later CERP. But thinking back about his early interviews and statements, I always felt he was too obsessed with the SP (worry about the financial performance and the SP will follow is what a CEO should be doing), so my view has always been he dreamed, like many PI's, of becoming "rich quickly". I think his gold rush got the better of him.

Regardless of his motives, the facts are he diluted the hell out of this company and didn't deliver at all (in a meaningful way).

I do hope the current BOD will do better in T&T; after all we have not had a decent enough team working the assets so far. And I do see some free shoots from this BOD. Time will tell, but I am optimistic and give the current team a far beter chance of succes than the previous one.

only 88% of people on a CFD lose their money...what risk! lol

in the land of the blind...

I think this is big news and further reason for investors to buy into CINE IMHO

it just shows that a deep drill for a company like BPC is just too much. Spending all those years and cash to then have to abandon the 10-year long awaited drill is...fill in the blanks.

Agree with all that, but BPC will have to convince not us, but those who have left the building. There is a lot of historic negative baggage attached to this share, and now they massively overspend (can happen in drill like P-1), and they have sent out an RNS which only raise alarm bells (dilution, dilution, dilution). Hence where we are.
Only way out is to actually start delivering, and grow the sp, step by step. This is likely to take some time

https://www.aljazeera.com/amp/economy/2021/3/18/are-we-on-the-verge-on-a-new-commodity-supercycle

80% of people lose their money with CFDs...dumb idea

it's always the same MO, which always ends in tears and dilution. People mistake their hopes for reality and listen to the rampers because that is what they want to hear a s believe. Some very naughty people take advantage of that. Just list the avatars of the ramp brigade and never ever listen to a word they say would be my advice

no JV = massive dilution

let's hope but my fear is that all credibility here has been shot to pieces. Wouldn't be surprised the market adapts a "wait and see"-attitude, i.e. delivery first, than a rise in sp.
If so, it will take a while but at least it will rise in proper foundations rather then speculation (I am so funny)

don't worry: lots of top-up opportunities soon at 0.05

totally agree

and that's without GR doing another placement

just shows the "quality" of the previous Bod... nothing more than door-to-door vacuum cleaner salesmen

wanted to add:

In the U.S., more Americans have received at least one dose than have tested positive for the virus since the pandemic began. So far, 109 million doses have been given. In the last week, an average of 2.43 million doses per day were administered.

source: bloomberg.

So, my hunch is it may well reopen quickly in some states, but let's see.

thank you

Hi guys,

Understandably , many here are focused on UK cinemas reopening on 17th of May. But my understanding if that 73% of revenues are generated in the US, and cinemas can reopen from the 27th of March, or did I get my facts wrong?

Cheers

thank you!