Member Info for NicetoMichu

AGM still three weeks plus away and so still fair time for ongoing drip buying to build up as big position(S) as possible ahead of it towards challening Ed, perhaps .. and that in itself could still see this tick on up gently nicely from around 3p towards 4p

(Versus fundamentals here, 4p would still be a pretty lowly s/p imho..so I'm still hoping for a spike here soon enough .. maybe shares stop being so easily fed to those - likely - same ongoing buyers at relatively low prices.. and those buyers are prepared to offer plenty more just to get hands on a last per cent or three more, while still keeping a low overall average because they've already bought so many in the 2's p etc.. or maybe still even someone looks to front run buy ahead of these one to three - likely - ongoing buyers to make them pay higher quicker ..although if that were to happen I'm disappointed it already hasn't.. etc )

I like that there are bears continually giving the hard facts here:

Clearly, this company is currently a BIT OF - as opposed to total - basket case with a long way to go to get production up to viable levels...and it's far from certain they'll succeed in achieving these levels at all not to mind ongoingly after first achieveing.. but, there is a clear path now for the company to incrementally grow towards/to required production levels over many months from here .... and even some visible progress from early production gains from current very low levels will quickly encourage some punchy additional anticipative/speculative share buying here, I expect.. and even if there are a set back or two more thereafter, range trading opportunities will, by default, be present along side buy and hold opportunity in the hope of a big rerate here over time... Therefore, I'll see my bet pot here will be part for range trading and part for medium term buy and hold.

( Also, while I am aware I could lose all my bet here in the end, I still feel that even if further meaningful set backs here in the future, zero s/p is still a good ways off .... as further funding through raiseS - seeing further pain to existing shareholders and new all time share price lows etc granted - as more raiseS would somehow still be gotten away here, as is the way of AIM.. there is, after all, a whole industry around ongoing raises for basket cases AIMers .... and even when you think it's a total write off - and we're a good ways from that here I feel - there are always stilll a final final raise or two that somehow still happen before game over .. thus still giving spikes and range trading opportunities to get even somewhat out of a hole, before zero s/p)

Towards, as you request comeonvog, positivity, I'm going with Atome and Paraguay JV are going to be Napoleon - Levine's - early great victories equivalents

(even though, after some stunning early career success, Napoleon Levine has been going backwards that long now that some might say these are more likely his Russia Invasion and Waterloo moments :-) )

For years prior to 2021, CB has been known as a Master Debater only Steve... with little chance of producing the baby off the back of that. He's semingly now progressing to Master Bush Ranger.. so much more chance of xtracting a beautiful baby this time round !!

There are always punchy retraces within such a strong overall rise journey .. and my instinct is that if 5p is breached here it won't be by much.. and then a punchy rally will kick in.. so I'm ready to execute some top up buys here soon.. even early 5's would do me to start buying back.. but I'd buy in tranches to allow a bit of bndwidth in case this went to late 4'sp before turning back up..

Great if you're right on that Interzone.
And there may easily be plenty of merit in Trustlies latest post too ( although I'd defo. hold off saying 'great' on that until I understood the overall detail of whatever dealS? are closed ahead of save.l coming out of suspension)

A fitting endeavour for a small man with a large ego, I feel.

Here's hoping he does indeed smash it. And a few particles for the long suffering here would be better than nothing.

Thanks for the feedback from todays AGM

I'm happy to wait a few months - or longer - for the best possible deal to be achieved (and September for eg would be a good month to come back as the market can get sleepy through summer... and re awakens around St Ledger Day.. the saying would have you believe anyway )

A bit of both could be the thing in those last two posts from Interzone and Soder.. as my guess is the lending element for financing of this latest deal will plenty/ a lot be from the same Nigerian Banks who have previously provided the financing for Accugas entities etc .. and so there will be some degree of complication /interlinkage, one way or other .. and so refinancing for Nigeria entities debt that underlie Save.l ownership may well not be announced ahead of this deal completing is my guess..

PS: When people talk about the 'blessing' of large II holding here for such a deal.. they should in the previous breath be talking about the blessing of Nigerian Banks.... and in the next breath the blessing of the Nigerian President/Government too imho .. the II's are only able to give this there blessing when the lenders have already been lined up to green light the far bigger lending versus equity that - hopefully - underpins such a deal ..

As an aside, great in my mind if its not Nigerian Banks at all that are financing - all/most of - this proposed deal ..as save.l is very umbilically tied to Nigeria's interwoven controlling dynasties already.. although they probably would never otherwise have gained ownership of the old seven assets in the first place without this being the case, I guess..,, but, altogether , new non Nigerian bank Lending for this latest proposed acquisition would have many advantages in my mind ...

There have been a few pullbacks of the 10 to 20 per cent variety in the jouney here so far.. par for the course in a generally strongly upwardly trending share... I panic sold some in one such in the 2p to 3p range in the earlier part of the journey here.. not one of my better ideas.. and if this goes back deeper into the 5's p I'll be topping up here ..

good sluething AM90 .... you have a highly able and strongly analytical mind imho.. and great that you're all over many angles of detail here.. all this is very much appreciated !!

I'm surprised/disappointed if they are selling down like this .. but my instinct is the extent of ongoing selling here is more than just fliipping from last placing.. and, if you're shout here is correct, it would explain a lot.. and great if they have little left to dump too ..and this s/p wakes up sooner rather than later..

Q- Sphera delivery technology has always been the jewel in the crown here in my mind.. and maket size opportunities make it a potentially very large jewel.

IF this is proven up to the extent of a partnership/licence/buy out etc then that will be transformational.... and it looks like its slowly but surely going in the right direction.. so here's hoping that in due course enough progress will have deemed to be made by big players to allow thenm get involved here in whatever shape / form.. obviously the exact shape/form of the involvement and with which industry player(s) would determine for the s/p achieveable .. but plenty more development time by mtph may still be required and absolutely no guarantees that development will be successful etc.. ..(and in the short term - per my recent post(s) - I'm guessing 25p to 35p range may be upon us for a while)

Of course 10p is doable here this year.. not easily doable as so many bl+ody shares in existence.. but reasonably readily doable imho..

This company is progressing well now and has a growing stable of solid long term revenue contracts that the market will like..

(I've ben here for years and years.. just post rarely as bottom drawer and sad and boring previously .. but I range traded here regularly to keep losses down in earlier years and averaged down punchily when around 4p and am now breakeven on my current mid sized bet here.. although overall still a few k down from the doggy history here.. but I believe in WSG .. )

Good to see the involvement in proactive forum .. and I think that twitter question/tact is a very clever piece of promotion indeed... Including that last interview and twitter and proactive stuff and I expect ongoing more promotion to come .. AND regularly good assay results dropping here too... I do think the company is progressing well on its attempts to get itself more noticed and I can't ask for more than that.

Alas, I've still got a gut feeling that I have to reconsile myself to an ongoingly pretty dead share price performance for a fair while to come here, and me just remain ongoingly patient and kinda bottom drawer these in my mind.. annoying and confusing as that is to me.. but whether it's the last placement shares flipping for a small turn and /or some more complex playing, there always seems to be about equiv. selling into whatever buying that might occur, and that may easily continue similarly.. hence I'm feeling more and more that this is not a share that will easily break out from a 28p to 38p ish range in the short term.. but I have lots of other shares to occup my mind and I'm patient when I need to be.. so I just accept this share remaining frustrating for me for some/plenty of time to come..

Ps:
For this share price to stand still from yesterdays close price would be adding approx 50% to market cap.. while I get there will be relief and renewed hope with funding for approx 20 months from today now being sorted, and that a placing ahoy was a drag on s/p too recently, that would still be a very big ask, hence no surprise that it's moving back towards todays placing price in early trading... but the closer to todays placing price it gets the selling would hopefully dry up more and more.. and hopefully some with deepish pockets might think about adding in the open market around 30 p too, which would help plenty .. but it will then settle down soon enough again, at whatever level.. and news will likely, as always, be the strongest s/p driver here going forward.. and there is clearly genuine potential for breakthrough in a shape or form or three here in 2022 - more than 2021 perhaps - i'd expect.. altogether, in the coming few months Id guess this might trade in the 25p to 35p range .. accepting anywhere in that range will now - impressively in itself but little good to existing holders - be a lot bigger market cap than previously.. and then its most all about news...

(Aside: this company has raised many tens of millions in coming to market and plenty of tens of millions in many raises - ie pretty endless dilution, sadly - since with very little reveune indeed - what revenue it had was early on and in its US arm and it disposed of that - but the reasons it's still in existence is that it's slowly progressing some tech and drugs from its stable towards hopefully genuine breakthrough/revenue .. and market size and JV or licencing arrangement would then help set a new higher level for the share price therafter.... but this share remains a hard core gamble .. and a range traders baby. and has been an utter dog in its life on market so far)

Haso to re appear back on this BB .. towards achievement of the full set. And will be interesting to see how many of the recently new additions are still posting here in 3 months time.

(btw: I'm still in the market for that Capri gear Mk i, ii or iii...in case any of the recent additions to this board can help)

The raise was for a chunky amount thus showing that there is meaningful belief frok the market in this company achieveing something bottom line meaningful sometime..great if they do and I'll be hanging around to find out.. and plenty more twists and turns to come here for this share price too I expect... and I do like my range trading..

Great if you're right Sp28.. but there have hundreds lie you coming on here since 2015 shouting about a breakthrough moment about to be upon us - including me a fair few years back too - and this company has in many ways been one car crash after the other between then and now.. and most of those posters have run away from here, never to be heard of again, after taking hits to their wealth.

And to tell people whose views differ from yours that it's time for them to move is punk like behaviour imho. The next person is as entitled to their opinion as you are !

Generally speaking, my guess remains that there's a raise to come here - in the 20'sp I'd also guess - before summers over.... great if I'm wrong and they can get lending and/or sign some licence agreement with up front payment ...etc..

thanks for posting those tweets idiot441.. Ed will have to shake himself aomewhat here now if it's not to be a acase of Ed's dead.. not sure how capable he is of shaking himself though.. Are the other two and Adams all speaking as the one voice here btw?

It also seems that one,some or all of these 3 are back buying more today .. the more Adams for eg get the more power he has to effect change .. I'm very surprised that into such ongoing buying iin the open market that so many shares have been available so cheaply recently.... no wonder he/they continue to accumulate, seemingly.. ie I'm surpised there are not specualtors buying in anticipation of this rising further .. and thus facilitating a quicker again rise here.. but that might happen now/soon (ish) too...

I had put some emergency extra funds aside towards buying more if this went beack to 6p's but, having thought about ot for a good while, I've decided to commit plenty of that in the 7's p now.. did one top up today and will do one more sometime in in earlyish July.

I feel - aka guess - we're near to very near the bottom here now.. and I see decent potential for this to go to 10 to 15p IF good news start sto come out here from q3 onwards.. that of course remains an if instead of when .. and still plenty of risk here .. but I like the risk reward of adding here in 6's or 7's or 8'sp around this time.. and getting my average down a bit more again - into 8'sp - is now my plan.

I'm pleased with that.. and to offer that a start to mining in Fairbride is envisaged in Q3 is very positive indeed .. even if small slippage form here that will hopefully be producing meaningful revenue this year now.... and that's very important towards minimising dilution as we go.

A good post indeed from comeonvog.. and he's had plenty of good posts previously too in fairness..