Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Sampson, if you have been in as long as you say you have, then you had the opportunity to sell around 157p back in 2007. I first bought these around 2004, sold some and bought back, and still holding. It's no good blaming the company for your investment decisions. GLA
I've been in MTL for 3.5 years not sold any, bought a couple of times since, and will be here for a few years yet. I have been investing for decades and as far as these bb's go you get to know who the decent guys are, and treat the rampers and derampers accordingly.
GLA
That's my view as well ppp, I first bought in Oct 2020 and added twice, in May 2021 and Sept 2021 I have an average of 2.07p so am extremely happy but very content to hold and wait for MTL to be a much bigger co. in the future. We seem to have a top class leader in Darren. GLA.
The Dame will be busy with this from last week ---Complaint lodged after ITV editor sparks fury for saying ‘we don’t want white men’----or maybe not.
Hi BeReyt, our figures differ somewhat, I took mine from an LGEN press release 13th March 2018, not that it matters. The important point now is how much LGEN get and what they propose to do with the proceeds. GLA.
Cala has been a decent buy for LGEN imo, bought for a total of £605m, their annual results show that for Y/E 2021 profit was £132.7m and for Y/E 2022 profit was £169M I haven't gone back any further. LGEN bought the outstanding 52% of Cala it didn't own in 2017. Assuming profits were made prior to 2021 and a price of around £750m+ can be obtained, then not a bad investment. I agree the timing could be better though.
Hi MaryBr190, I wondered if you use a commission free broker, seeing as you make many transactions, if so could you recommend a couple.
Thank you
GLA
''IMO nothings changed but the time frame.''
The value of any assets (if there are any) would have decreased significantly with the drop in metal prices. However I'm sure we will find out ''shortly''.
Good luck all long term sufferers.
As someone mentioned earlier, Ria20 and Gordonbennett1 are well known P&D merchants, so any new to this board need to be aware.
Contrary to an earlier post where I stated that the BOD held very few shares, I have checked some recent RNS's notably Dec 2023 and it shows they participated in the placing @ 0.25p to give them holdings of :-
Director
Lorna Blaisse
2,173,333
Graham Jacobs
1,193,333
Sarah Cope
1,095,857
Nigel Friend
983,33
James Smith
623,333
Russel Swarts
600,000
Whilst not earth shattering in value it far more than is shown in lse director deals, which I based my original post on.
There are far too many rampers and derampers here who resort to bully boy posts when something is said that they disagree with, which inevitably obliterates any useful post. I am still not in yet, but GLA.