PYX Resources: Achieving volume and diversification milestones. Watch the video here.
This is the translation:- We give each other news..." and "WOODBOIS Gabon or the reasons for a stalemate" . If this is true, it
seems like a problem over a negotiation with the staff - about unpaid wages?
11 buys yesterday at about £25k each so its not clear why so many large buys - with the negative information from 'Gillor'.
Anyone know if the warrants are being cashed?
The RNS of 8 February 2024 said this:-
The Company expects to issue its audited 2023 results in May 2024.
The Board is confident that 2024 will mark a positive and decisive turning point for Woodbois, turning the Company into a reliable, cash generative and profitable business with a high-quality investor base.
Suggest you hold for a little while longer. I have always been positive about a 'light at the end of the tunnel' despite the problems that the board have had to deal with. I've bought constantly from 5.4p down to 0.4 and back to 0.6. I'm at 0.9p average. If the shares start to take off, as I hope in May/June 2024, the upside through 2024 will have justified the decision to stick with this company.
6m bought today by one person at 0.62p, which has turned the tide. At this price these shares look good value.
Couldn't resist another batch of shares at this price. No news is good news in my opinion.
Me too. But tempted to hang on a bit longer provided the Russian & Chinese threat in Africa does not grow.
Compared with the number of issued shares the amount traded is peanuts. Because there is no news people appear to be getting the 'willies' and the market makers are sucking up their shares at rock-bottom prices. How is your nerve?
1Q 2023 report was on 11 April 2023.
The shareholders deserve a report soon on 1Q 2024.
Lots of gamblers today.
This share peaked around 8p in 2020, 2021 & 2022. Seemed a reasonable punt as it usually recovered from dips so when I bought my first batch of shares in July 2022 at 5.54p, I added at 4.4p, 4.1p, 1.43p and 1.7p, then cursed when it dived below 1p.
However, I felt that it was able to recover as the CEO had faith in it and it was part of an ethical industry that met my environmental motives.
So, since 2023 I've added at 1.07p, 1.1p, 0.7p, 0.75p, 0.4p, 0.41p, 0.62p, 0.62p, 0.98p, 0.97p, 0.9p, 0.75p and this week 0.72p. Nearly recovered except for the initial investment.
I have faith that the next RNS will put that right.
Remember that 'no news is good news'. After the hiatus last year when there was bad news frequently, this relative silence from the CEO is quite unusual. Gamblers are betting on this share all the time. The trick is to buy on the lows and not lose your nerve. Lot of people doing that today.
MarketBeat shows WBI at GBX 3. The share has been a BUY for months but hardly moved. Some punters on a daily basis betting bits and pieces. The next news from MR THEUNS could be interesting. An update on trading performance overall in 2023 is bound to be dull but I hope to see better news for the past 3 months.
Quite heavy selling today but that has hardly moved the selling price. Are the MM's stocking up for the possibility of good news around the corner?
I've bought all the way down from 5.54p and currently average 0.93p. I can wait for the big bounce.
MM's hoping shareholders will get the willies and sell cheap.
Did you load up? Wait for the inevitable droop then load up again.
It seems to me that many people have been doing that for about a year. Long term holders of stock have been watching this stock like fans at a tennis match watching the ball go back and forth over the net. For them, mostly in the red probably, they have hung in hoping that the long-term value of the company will bring in a big reward. On balance, I believe that is going to be the situation.
QUOTE:
Further to the announcement of 29th December 2023, where the Company disclosed it was looking to finalise a trade finance facility of $3.5m, the Company is pleased to update that it has today entered into a term sheet for a $5m facility, (the "Trade Facility"). This will allow Woodbois to rapidly expand its third-party and own production trading, which is expected to significantly contribute to the Company's profitability this year. A further announcement will be made in due course when the Company executes the Trade Facility.
This is positive, giving the company the opportunity to expand production and make a profit this year on timber sales. Light at the end of the tunnel.
I'm on 0.95p with my 800k+ shares. Bought more this week. Whilst the figures for 2023 will be poor, the outlook is better with the proposed strategy. Its been a bumpy ride but I'm optimistic about the future. Having dumped a 1p share (AEGIS) years ago after recovering my outlay plus a nice profit I wish that I had kept them once they started to motor. I will not make the same mistake.
What did I advise then? Load up.
Ignore the naysayers.
A further announcement will be made in due course when the Company executes the Trade Facility.
As maddogmcree says, "Need to have faith".
Load up whilst the price is low.
Here we go - Here we go - Here we go