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Would be nice to get a market update regarding the background seller
M&G or the Guptas the volume in the sizable chunks would suggest the market should have been updated.
Needs looking into
Couldnt see a interest rate in there but paying 10% interest to buy back shares at 5.95p and potentially rid a large seller makes sense and should help correct the share price
At 5.95p a share paying 10% would be a bargain.
Use the lot to buyback at these prices
Hi MM still buying into the Covid excuse.
This lot have managed zero progress while businesses have been thriving.
How long are you prepared to carry on with the same C19 excuse.
Heading the same way as their other listing imo
Where they strung investors along for years with the odd tweet, with little to nothing ever coming to fruition.
I woud be selling while you can, there has been next to zero progress over ther last 3 years. You'd have to be a mug to believe it takes this amount of time to get an old mine up and running.
Yeh coal only 50% down since July
Price of coal in free fall 6month low and continuing to fall
Indian energy tariffs recently increased.
This is only going one way, perfect chance to buy at 7p
Debt free shortly and making massive profits
Won't be long before holders are being paid dividends of 1.5p to 2p a share imo
Undervalued cash cow
If they can still make millions through Covid and continue making millions with coal trading at record highs.
Anyone investing now will be quickly heading towards an early retirements.
Buying now should hopefully see a 20-30% divident within the next 12months, along with a five fold increase in share price
Great results again solid well managed company, expecting dividents to resume next year as OPG becomes debt free
Last years earnings 3.5p a share
This year 1.5p a share
Absolute bargain buy at anything sub 20p a share
Mines closed in 1970 when gold was $140 an ounce 7x the average weekly wage of a miner at $20
Today gold is $1700 an ounce, only one an a half times the average weekly wage of a miner.
If the mine couldnt pay at 7x labour rate it hasn't got a cat in hells chance of being viable at 1.5x labour rates.
Hence why years in and investor continue to be led up the garden path.
Be warned look what happend at Bigdish another AB an JMK company.
Removing it from August i'll see if i can find the article and post a link
Should see the current share price rapidly multiply
Energy companies globally posting record profits
Combined with India one of the fastest growing economies
Get ready for this to rocket 30p here we come
Easy double your money minimum after 12months
Should hit 30p
A great opportunity
Once coal prices start to decline energy tariffs won't be following suit, profits will dramatically increase as a result and this will sky rocket.
Been adding for weeks at these prices.
Price of coal will change very quickly just like oil did (couldnt give it away 18month ago) coal will drop over the next 12months and this will hit 30p+
Expecting a cracking Rns to land shortly
Be warned