Member Info for oldabutnowisa

now and sellers at these prices will be very sorry in a few weeks/months - all IMO of course. Onwards and upwards!

Senior officers don't do that if the co is dodgy. They DO generally have inside information. This is the type of RNS which I enjoy seeing. Only going in one direction.

5 buys of around 250000 each in one hour a.m. Maybe nothing but ......

Not unreasonable, Mega. As a retired contracts lawyer, my gut tells me the Chinese may be out for a bigger slice. Famous last minute tactic when you hold most of the cards. I hope you are right and I am wrong! Of course it may be we are both more or less correct. Time alone will tell. We still need a whole barrel of luck, let's not kid ourselves.

The answer to your question, P_I, is when McQuarrie give them that advice and they take it! Like you, I think SP is the problem. He knows, but does not want to accept and recommend it, probably out of greed for his retirement fund!

Please do read as this is extremely helpful. Thanks BurtonD. What is not expressed but is evident is the likely breakeven point in event of either lower sales or unexpected outlays. I think the odds on a loss at the end of 2019-20 fin year is quite low.

.....contracts. All over the newspapers right now. Debt repayment clauses are very skewed in favour of Chinese. My point is (assuming the JDA goes through now here) DON'T assume it will be plain sailing all the way through to production and dividends. Be prudent and have a holding left which has cost you nothing. Unless, of course, you are willing to watch what your patiently held investment possibly dive to zero.

...when the RFP result finally appears out of blue (if any of us alive to see it then!)

I have held since getting in at c150p so the divi yield in my ISA is now in double figures. No point in faffing about now. But like everyone if it goes to £3, there may be a decision to make.

.....same sentiment. I play the numbers game with high risk AIM shares so (the theory goes) spreading the risk. Had one mild success to date. Hoping this will be next. Rest of portfolio supposedly safe and boring. SWtill need the good fortune, even here. Hope this is indeed our big week coming up!

...how sleepy this SP has become just as our assets are undergoing monster upward revaluation. Never mind. It only takes one big boy to try to buy 10m and the price will shoot up.

Managed to boot my holding up this morning because the big news is going to drop next week - I hope! Best of luck to all. Olda

...I have another Buy order placed. All the mood music here seems to point to a contract with at least some rather important company seals already attached. May be wrong but has a good feel to it.

...this good thing is dependent on news and interest by buyers. The second buyers appear the SP has gone to 370p in recent past. Any serious good news will see this shoot past that. INS is still way under the radar for 99% . Next year can see it increasing eps to around 20p and if they do not buy a bolt-on, a divi is not out of the question. Long time to go and odds are on a bolt-on or a predator buying it outright.

...is locals in Botswana must (like all of us) be getting itchy feet waiting for flow rate data and, naturally award of contract(s) by the Govt. Some may have local knowledge re the first but, judging by the SP, not the second.
My heaviest gamble now, so lets hope for good news soon on both! Big commitment by the local civil servants pension fund, which is now into over 10% of the capital. Be rather surprised if Govt awards us 0%!!!

SP !
Sure its high risk but the lights are still on.

There is a view that this bid will kick start others. Not sure it will help us but if there is a major in the picture here, maybe it will coax him into the open! Tick tock.

...coming up. Will move SP one way or other, that's for sure. I am left with a decent holding to hold for the fun, whether or not it happens right now. Good luck to all other holders.

Combining the top two institutional holders would give a bidder well over 30% and require a public offer. Latest holder in France.

Thought you might be amused, Bythe sea, by my latest flutter! In an almost identical agony to TLOU! NCCL is waiting for a huge joint development agreement to move from final draft to done deal. Market cap £M20. Potential when the Chinese have signed the contract - massive. It seems an agony of waiting is in store there too! Life on AIM!
Keep well and hang in if you can. Olda