Do you think any 'new investors' reading your last post would be encouraged to buy or discouraged Moagi?
To me at least the answer is obvious and I find that a very strange post from someone that a) purports to hold shares in the company b) has been locked in here for years and c) presumably as a holder wants the price to rise.
It is your posts not the managements rns releases that are seen as overwhelmingly disingenuous because no sane holder in their right mind would post so negatively about the company after being locked in for so many years and the price being at current bargain basement levels.
You can't trundle out the oft used excuse of 'warning others' I'm sorry that just doesn't wash in fact it's laughable mate.
Everyone who invests does so to make money not spend their entire lives keyboard bashing like some 21st century Robin Hood do-gooder!
No, you have an agenda here and have had for as long as I've been invested and apparently from several years before that.
Always downplaying the positives and highlighting and over-playing the negatives or trying to spin a positive into a negative. If you think anyone on here, even the most casual observer doesn't know what you're up to you're completely deluded.
It's obvious that you must work for or run a competitor company hence the bitterness and driven nature of a negative campaign that has lasted what now? 5 years? Maybe even longer. No one does that unless they have a serious axe to grind and perhaps still holds out the tiniest flicker of hope that their company too might one day get a piece of the Botswanan power pie.
I think you actually believe that TLOU has stolen what should rightfully be yours. I'm afraid that too is completely delusional but if that is the case then I suspect you will be here for the rest of your life typing through embittered fingers and dreaming of what might have been if only TLOU hadn't taken what should have been yours, reminds me of Gollum from Lord of the Rings and 'the precious' unfortunately it was never yours to begin with.
Botswana has a large natural CBM resource and someone through entrepreneurship and tenacity will exploit it but it won't be Sekaname or Kalahari Energy not in my lifetime...
You're right Moagi but so are the other side. The same rns you allude to goes on to say...
"The above is a statement of the Board's current intentions as at the date of this announcement. However, Shareholders should note that, as with any budget, the allocation of funds set out above may change depending on a number of factors, including the outcome of operational and development activities, regulatory developments, market and general economic conditions and environmental factors. In light of this, the Board reserves the right to alter the way the funds are applied."
It is there in black and white. Not receiving the full PPA award can definitely come under that definition. We didn't get it so the board decided to hold fire on construction of the poles and wires. Yes it smarts a bit because we all thought we were off to the races but you can't argue with a clause that is clearly there and leaves the door open to pretty much do with the funds as they pleased. We never took too much notice at the time because we latched onto the idea that they would just crack on without considering that they may be a bit canny with the money should the situation warrant it.
Most seem to think the situation did warrant a change of course and I have to agree. It seems the sensible thing to wait and put the onus and pressure back on the government whilst consolidating our cash position during a very turbulent time.
Either way it seems a bit of a stretch to say the management were disengenuous to me. They put the clause in presumably just in case such a situation arose. They obviously have learnt to anticipate delays now just like you keep telling us, so maybe you should be applauding there foresight?
Anyway hopefully all this is just academic now as the PPA seems tantalisingly close ;)
"I do fear the sycophants will return when there's a lift in the SP."
Ironic then that your post was so sycophantic.
If anything it was those constantly knocking the shareprice day in day out here that have gone over the top. I haven't seen day in day out ramping, far from it. I've seen people with a level of enthusiasm commensurate with the prospects and they must have those prospects or posters like yourself, badger, levi and Gregpeck wouldn't be invested in the first place.
No what we witnessed was a concerted effort by several posters across multiple bulletin boards to knock this day in day out and the moment reporting of certain over the top posts to the FCA was mentioned those posts practically stopped dead in their tracks.
No one here is blind to the shareprice performance or the problem now with ASH but we are profitable and our production has increased each year. I think this final quarter of 2021 will determine the price trajectory for much of next year. Lots of news due some of it that could see a nice uplift in the shareprice if it is positive and for those that think that too 'rampy' I'll state that of course if the news doesn't go our way then we could end up back at the lows.
As for the comment about being bullied on this thread that is utterly ridiculous. There were many days here when the negative posts and outright bashing of the management reached fever pitch and outnumbered anything positive posted by 10 to 1.
It looks as though we would have had to stump up £500,000 to renew the licence which we clearly don't have and would have been majorly diluted. Now we have to pay £90,000 while IDM renew and develop it from what I can make out. As you say moonglow we keep 27.5% of a large tier one asset that should get developed for us. This seems like a decent deal to me. We'll have revenue coming soon enough from our jv so let them get on with developing Mankayan.
Yep, either they were not as good as the handheld monitor said or they were very good and CB is being canny and not disclosing then just yet for some reason or Covid has held things up or there was some problem with the tests and they're having to be redone. Take your pick.
smiller why you feel the need to comment here every day I have no idea. You're not invested so don't worry about it, let those invested worry about progress. Concentrate on stocks you actually own or you may miss something in those.
I can't imagine commenting every day in a negative way about another company I don't own any shares in. First off it's just plain weird and secondly it's rude and would obviously be likely to cause offence to those who are invested. You have to be some sort of **** to know that and still go ahead and do it everyday anyway.
Should have read 'the football manager analogy'
Don't think the football manager is very good Brad. If TLOU were a football club we'd have been through half a dozen managers by now at least!
If you can't buy at the NMS put in a complaint to the FCA. The market makers are supposed to be there to create an orderly market and afaik are obligated to trade the NMS at the quoted price.
If you want to buy they have to trade at the NMS so just keep your order to that size and buy over several trades.
Now you sound like Shed High-sided! I haven't given anything credence. I don't believe we will be diluted next week but it has happened before when we were told it wouldn't so equally I couldn't rule it out 100%. I merely said that IF it does happen I will be reporting said posts. Don't try and close me down the way you constantly accuse Shed of doing to you, it makes you look like a hypocrite. There is room here for any opinion.
I'm invested for many reasons. If you ever buy back in I may debate them with you.
It has been a lousy share but the company does have a good resource and in the EU. What's more, in a mining friendly region that's in the throes of regeneration at a time when the resources we have are in demand with prices on an upward curve. So yes it's been a lousy investment up till now but that doesn't mean it can't still come good. As I've said if they have to dilute again (at current prices) then I reckon I (and many others) will struggle to see a return but if we can get a grant or loan or some combination then it's game on. You sound as if you already know King yoga, I hope that is not the case because if they do dilute next week your posts will get reported to the FCA as having insider information. If they don't dilute I suspect you'll just slide away into obscurity.
smiller your own logic is flawed. You claim to want to warn others not to invest to save them money yet by your own admission you made money.
You also claim I'm 'losing credibility' well I'm not here as part of a popularity contest. I don't care if other posters find me credible or not. I didn't buy at 2p or 3p I bought at .3p big difference. With the way I see metals and resources in general and the huge shift worldwide towards greener sources of energy production there will be huge demand for certain metals and certain resources. Prices will continue to rise. What BZT has will become increasingly valuable. If I have to wait another couple of years to make hundreds or perhaps even thousands of percent gains then I have the patience to do that. No stock comes with a guarantee, you take your position with as much information as you can gather and then see how it plays out. I have always been fairly confident here because of the low price I initially paid but getting Mankayan back and the change of tack from that government was really a stroke of very good luck that no one could have anticipated and it further bolsters my confidence that I will see a good return in the future.
He's made several mistakes. Investing without conviction and probably at the wrong price. Then compounding those mistakes by selling at a loss when the story and prospects have actually improved (Getting Mankayan back, the new attitude to mining by the government. JV now with an eye on fast track revenue generation).
With these kinds of stocks you can't invest with a timeframe of weeks or months you have to be prepared to have money tied up for a few years to realise a decent profit. Sure you can get lucky but generally things take time.
I feel the same, pricey. Don't really understand getting involved in another project. Only thing I can think of is that CB saw it as the quickest route to revenue generation. At least this is what I hope and they sound like they want to get on with things. CB understand how valuable how other assets are and I'm sure wants to hang on to them as all resource metals prices are forecast to keep going up as the world pushes for green change. I'm hoping his plan is quick revenue generation then use the cash to prove up some of the very valuable resources we have. Some will be sold others I think he would like to become producers. I'd like to know what sort of timescales we can expect for this jv. Maybe that can be ascertained in the next BAG phone call.
Well if he has departed I'd like to know what he did and what he got paid for doing it. Maybe the company will clarify at some point. It seems likely he has gone if he's removed his EUZ association on linked in and six months was the tenure which must surely be up. A lot were pinning hopes on this guy and we were told about 'a significant value event' for shareholders many months ago. We were also told anecdotally about something just needing a signature. Well so far nothing has materialised and Adams tenure appears to be over.
Separately some posters post on a daily basis about more loans from the EU all Well and good but will they come in time to allow us to finish this pre feasibility study that seems to have gone on for an eternity since the botched Scoping Study release.
As always with EUZ so many bl00dy questions and no answers coz LR behaves like a secret squirrel. Approximately 4 years in now and still down 85.91%.
In case anyone is in any doubt or confused. This idiot that has infected our thread deramping uog for months has now made up a username that is virtually indistinguishable from my own. One uses two L's the other two 1's. You can only see the difference if you zoom right in. Obviously I have reported this as it is an obvious disruption and could cause much trouble. I obviously hit a bit if a nerve with my post this afternoon it would seem. Some people don't like to hear the truth when it paints an ugly picture.
I think I understand your position as clear as day Greg. You don't trust the greedy management but are invested regardless. Makes complete sense.
The options Greg never forget the options! We need another couple of hundred posts from you about how bad the management of this company are, their insatiable greed, their utter contempt for shareholders as they put their snouts in the trough over and over. Please keep telling us about that, I don't want the price to rise the greedy directors don't deserve to have their cheap stolen shares in the money. Bring back the old Greg he had balls. This new Greg is a pu$$y.
Oh hang on a minute... what's that Greg... 'you've had your fill and now it's time to pump pump pump' well I've no idea what you mean by that but I guess you know best.
Go UOG RAH RAH RAH. Best management ever taking us to the moon.
This sharetrading lark is easy isn't it Greg. Bash the granny out of a stock till you've had ya fill and then make yourself look like an experienced serious investor and pump that bad boy for all it's worth, then as your excitement levels can seeming reach no higher without causing an aneurysm you start selling but still ramping for all ya worth till that last share is sold. Job done bosh.
I just wonder now how those who supported you during your fake frenzied derision phase, feel now? Knowing you basically used a small non event to manufacture an opportunity for unbelievable greed, falsely representing indignation and contempt when in reality you were just a cheap smuck playing on people's fears to make a few quid more.
A sad reflection of modern life where people will seemingly do and say just about anything in the pursuit of money.