Member Info for oldabutnowisa

I certainly hope so. Needs a few dominoes to fall correctly and result would be huge. First one is that they have a bit of cash left somewhere, next that the new Govt of Rajasthan seize the opportunity quickly to settle the court case and grant the licence. I think hat would give us a price of 10-15p at least. Not asking much! Perhaps the the Three Wise Men could oblige before they pop upstairs again until next Xmas! Lots of festive cheer and luck to us all.

Euro grants usually take time to arrive-
and I hold here!

RNS due 16 Jan!

Just returned to this and see it has fallen into interesting territory. Will now watch for a buying dip, perhaps with a £7**?

Just listened to the Mello presentation online which was exactly what I expected. I am down cashwise on what I paid but the SP is showing resistance in this market and IMO much reliance on their big York development. Can see SP rising through second half of 2019 if PCA allowed to stay independent. One to hang onto and take the nice divis.

So you have spotted it too, Steve & Pranch! They have kept all figures re tantalite sold off the P&L by using the legally permitted dodge of not disclosing figures separately for subsidiaries. I was thinking of writing asking about it but since I hold through a share platform will no doubt be ignored. We know it was lossmaking anyway. If you can read those accounts and work out anything useful you're a better man than I am! Wonderfully obfuscative, but what can you expect from this lot?
The only crumb of comfort is that they have a record of cleaning up at some point, so we hang on and hope.

would seem a good time to average down, or if brave, immediately after if convinced results will disappoint. You (and I)
pays your money and takes your chance. Either way 7p appears to be next resistance point. If sales take off, can see a 4-bagger within 15 months.

Page 33 Stephen Drabwell of Fundamental Asset Management:
'Watkin Jones has experienced significant growth since 1999, when it entered the student accommodation market.
Recently it added the Fresh Property Group, a specialist accommodation management company to its portfolio.
Fresh manages over 15,000 student beds on behalf of its institutional clients and is growing strongly on the back of the group's development activities.'

agreed brynjon. I am of the view that the odds aren't great and as shareholders we do deserve some words by way of explanation. I cannot see how the Aussie advisers can still be on the scene because BPC must be running close to empty of funds, and - let's face it, who is going to throw more cash in the ring now without a meaningful explanation at the very least? I reckon that is how this will go - Placing in New Year with the right words in the letter accompanying (for those who are still ready to believe).

Very likely to be a capital consolidation so that the new shares have got a higher slide from which to fall!
Large glasses of mulled wine all round and good luck!

They care nothing for what happens here and the fact that at this SP the co's market cap is a truly daft £1.25M.
I was a LTH before I bought more on the RNS so, although caught in the spike, I am content to have good news and brought down my average a lot. If - and I accept it is a big 'if'- they get their licence soon from the new Rajasthan Govt, the fast buck merchants will be kicking themselves and a lot (not all) of my investment will stay in here for the hope of a mega improved JORC for Bhukia down the line.

probably next week the way the SP has been massaged up.

PAT are making a big effort. What do the new govt have to lose by granting PAT a time ltd prospecting licence?

at this SP -and I should think so too.

Probably more than entire free float marketed today i.e some of same shares churned over. Tiny free float and even after 100%+ increase today market cap of less than one point nine million pounds to cover interests in three W. African gold prospects and the possible Indian giant find. Obviously there are those who have turned over sizeable quick profit here but IMHO, there is a huge amount left to go for, admittedly with risk, but the SP in three months if all goes well could easily be 20p+ giving a still reasonable market cap of around £12.75M if the exploration licence goes through.

IMO will do next to nothing for the SP because 1) it is peanuts to a co size of LGEN and 2) we are in a rotten market (in case you haven't noticed) and 3) on the downside, it can be argued that some of their other business may come as spin off from the side that's up for sale.

before Bahamas Govt offers 5p a share. Happy Xmas all

Interest rates here can only rise in next 12 mths: If Labour win a General Election. vertical rise to 7% in 18 mths: if not, sharp rise to 3% inside a year and thereafter more gradual if seen to work. Either way good news for banks not factored into gloomy SP.

The two parties to the litigation must have dialogue before 11/01/19 due for court hearing. If the new govt of Rajasthan does not want to fight the prospectors licence (as did the old), then NOW is the time for the new govt to enter into dialogue and save more costs. There is a real possibility that this could be sorted earlier than the market is factoring -and I speak as a retired English lawyer. Quite apart from certain possibilities for Indian money to be made on the shares by 'completely unrelated' parties and/or corporate entities.

It looks as though cut-even here is 7.25p, so this might just have been worthwhile. Still shooting skyward. In this rotten market it might feature in financial news.

Just doubled up at 3p, which is twice what I could have secured them for yesterday! Still a huge amble but at least things may change for better. Haven't yet worked out my impossible cut-even price yet because I don't want to make myself too depressed. Suppose I had better do it in case this soars past it ha ha.