Member Info for Simms45

Good to see 2.5p resistance gone. we had £100k of buys and around £34k of sells so 3 to 1 ratio by end of day. We saw price rise a good 10% so we can get a sense of the sort of ratios and volume needed to move this share. For me its very interesting that such a low volume and ratio has had this effect so makes me think the background seller offloading through the MM is not around. I think the share might move a lot quicker as starting point really should be 5p but happy to meander in the direction over next few months.

Buys confidently ahead of sells 4 to 1 today so hopefully keep that up over coming weeks up to 3p. With 2nd wave pencilled in and lockdown almost odds on favourite for later this year you can bet that mattress sales will continue to switch online and retail experience will continue its demise. Eve very well positioned and if it does not get a move on i sense predatorys making a move, either from direct mattress in box competitor or a traditional mattress manufacturer seeing the writing on the wall. The hybrid mattress is almost the killer of traditional mattresses that weigh a ton and you can hardly move them around.

Crikey. Do my eyes deceive me but we are still only valued at £25m??? That is complete madness based on Kefi’s position. Can someone find me another gold mine with a BFS in place and govt partner with mine build in 3 months for less than £25m, not to mention one of biggest copper mines in Saudi bankrolled by King. Seriously this is one of the best risk/reward plays i can see on minerals sector where its hard not see the reward massively outweigh the risk.

On the small subject of Ethiopia/Egypt need to understand firstly Ethiopia is actually one of the sources of the Nile so Egypt in many respects should be paying Ethiopia for the benefit in kind but secondly Ethiopia will store the water from the rainy season when excess water and release in dry season so potentially better for Egypt. This is more a case of Egypt knows it has a weak hand and actually does not want to start paying for this resource. certainly Egypt has made agreements with all other Nile related countries amicably and i suspect to the advantage of Ethiopia as they hold the cards.

Good rubber stamping of all recent news in a single RNS. Key for me everything is still planned for October build and that has not changed for a long time and Harry could have given a bit more leeway. ANS might have come and gone but alternatives are in play and confidence of delivery. bottom line is share doubled recently and likely to go up another 30% from maiden Jorc for Hawiah and then we will get the double or more on finance completion and then some. we then might get a little raise to keep our 34% in the $2.4bn copper mine etc . playing devils advocate we get Hawiah and jump 30% maybe and then TK gets kicked down the road some more months and we probably drop 40%, which might not be far off todays price by that time. Therefore as i see it we have pretty good odds that anyone buying today will make a good return by end of August and might make a spectacular gain by October if TK comes in. I am personally 70% confident Harry is still on track as gold price is off the scale and gold mining specialists snd investors are crawling all over gold projects like this that have a gold plated BFS and contact and intro directly into Ethiopian government.

If RNS is correct Aries must be drafting an apology and the key here is they have not filed a complaint as they probably just felt a little threatened and were throwing toys out the pram with little proper due diligence and presumably thinking childishly Eqtec would roll over and pay them off. Sounds Eqtec might end up getting compensation and PR disaster for Aries to be seen as low ball patent thief. hope they get a good dressing down. Roll on Next update in a weeks time on other developments and back up to 50s

What we are not short of is gold. Probably easily 5m ounzes and then some but its all jam tomorrow until you process it and sell it and that will 18 months and sizeable dilution as we get to September and sense the likely placing. What we are short of is cash. Toll mining is almost a no brainer as even £20m cashflow will massively reduce everyones fear of dilution and mean share price will be probably double what it is today, meaning dilution could be tiny by the point we need it and no biggie and share price is well over £1 and Condor is in play for takeover. Calibre knows this and the sooner we get to sensible number people can talk so if anyone sees Calibre/Condor/Rio it only happens above £1.50 and sooner the better. Cash is king and everything says get a toll agreement, get some cash, get an avalaanche of new investors and put Condor on the producer map.

They need to invest in a financial PR to help them keep the market updated on all news relevant to CNE and update the website so it keeps investors feeling they have made a good decision and find new ones to join. Certainly all RNS type news should then to spun into news stories and CNE should also go on podcasts talking about the news. When you look at companies like Eqtec selling cleantech infrastructure they go all out to get the news in the media and talk on shows so you can keep updated. The silence was a big issue on AIM and it does not look they have changed their ways. Sure good news is great but a great company can take that news and really amplify and disseminate and for that they need support to get it right. CNE have $16m in cash at least now, no debt and will have generated possibly close to $40m of net profit if you include the current year and in a growth sector. For the value of the entire company to be less than $34m / £26m is getting into silly season territory. The news over coming months we can only hope is very positive and they really develop new skills of acquiring new shareholders or announce some hugely profitable projects as they raised quite a lot of money in all honesty.

Its great if we get back to a balance of supply and demand and that buys and sells move the price accordingly and not run up and down by MMs or background sellers flipping stock. Been a while but momentum is in the right direction and if we get steady share growth that will be best way forward. slowly catchy monkey.

In mant regards Kefi is ahead of Condor as it has full mine build ready to go in October and all now waitimg on conclusion of the specialist mining finance. Also Kefi are fully paid up wheras Condor still has a placing or toll mining to find the equity for loan. Harry is largely the 75% discount today as he has made commitments and sadly not been able to keep to them. Aeguably not his making but he should under promise and over deliver as is more the case with Condor. With Condor you just know it will take longer but everything just feels more secure. I am hugely bullish on both but while i see Condor doubling in next 6 months in Harry pulls out finance we have a 5 bagger in out sights. We have trading update this week according to investor relations contact and that will surely tickle at finance and Hawiah maiden resource nailed down. If we get all ducks in a line we have a £100m by September easily,. Gold price is on a tear so that $150 rise in gold last few weeks is worth $300m to the “bottom line” as its all profit at 2m ounces as AISC is fixed. if gold price moves more and looks medium/long term Kefi looks insanely low valued as does almost every explorer close to mine build and production. Just need to get finance over line and that “double” day might well be triple or quad day!

Well 52p ASK came quicker than i thought. Now time to get motoring as the drop from 60 to 50, if memory serves me, was quick and often the reverse equally applies.

Looks we are again pushing at 2.5p ASK and it should go today. Has been resistance at this level and i think its about to be broken hopefully and then push to 3p.

Thankyou for correcting me on that technicality. Maybe a little early for me. I guess because we never found out who got all shares in placing it was spread a little wider and suspect some of those flipped in the market at the placing price and why we were stuck for so long while most gold miners pushed on to new highs. Condor has some catching up to do. At least 50p ASK is back.

Only a few MMs offering shares at 49 abd 50 in small quantities before leg up to 52 ASK. Would be good to clear this hurdle and see 50p again.

Good to see Condor finally getting back to where they should be. 60s will not be long but a little news would help. Also good to see someone paying over 49p today to buy in so we can sense any overhang from rights issue is gone.

49.2589 3,500 1,724

Yes. i can now see the China site, although barely anything more than what the UK site has. in particular there is no news, no
company news, no Industry News, no Tender announcement. The website looks to be about 6 pages. They should have a page for every project and they should put in some more effort to address the lack of communication with PIs. At the end of the day they need to bring in new investors to increase demand for its shares and i think at this time they need to start to address all of the shortfalls that are arguably easy to fix. The maiden dividend should be top priority also along with a share buy back as they cannot be bothered to raise the companies profile by providing any information on their website then they should be ready to actively buy stock from the market to make sure they get back to the IPO price.

Good to see more depth. One question is you mention Link holding 9% but i am not aware that is correct referring to major holders. Certainly i was surprised the strength of selling at 2.4p so i am suspicious someone is still exiting as we should have risen further.

https://investor.evesleep.co.uk/aim-rule

Good week but we are going to have a great rest of the year. We should have really broken 2.5p resistance this week but 4 times it tried to get over 2.4p but pushed back. Soon we will lose that baggage and move up higher as some people simply do not see the next 6 months of growth and opportunity. Certainly 5-10p now seems very plausible at the end of this year.

For those even contemplating buying do not. As soon as this leaves AIM at a worthless valuation someone waiting in the wings will dilute PIs to kingdom come, if it does not go bankrupt properly. Existing PIs might end up down to 1% total in the newly funded. The company will never list again and the shares will never possibly be able to be sold. I hope people look at the RNS carefully as it is not pretty. fortunately i am not invested but did watch on the sides whether something might come of this.

I had some brief communication with China New Energy putting forward a number of steps the board should consider to recover the position and they said they would bring up at the next meeting. I feel they had a chance to start a fresh chapter and raise their profile, provide regular updates on new project wins and therefore widen their investor audience. However they are repeating the same mistakes on the LSE and providing limited updates and keeping investors in the dark. There has not even been an RNS to quell concerns why a company should lose 50% of its value 3 days after its IPO. That is very irregular because such a fall might indicate something very bad that is not known to all investors and even saying the reason for the fall, if Double River would be hugely powerful. I also brought up the need to introduce a maiden dividend and share buy back along with updating the website that does not look to have been updated since 2010 and is very disappointing given just how impressive CNE are in terms of their market leading position, their clean tech credentials and their patents. They have lots to shout about but the site looks something i could put together in a day showing very old looking equipment on the homepage that i am sure could be updated with more cutting edge imagery. I am investing in EQTEC that are in the same cleantech space doing waste to energy infrastructure but eqtec keep investors updated on every twist and turn (good and bad) and they have a big following of investors who are hooked on the buzz of all the news updates and largely richly rewarded over last 3 months. CNE has to learn that the more positive RNS updates the closer CNE will get to a fair valuation as new investors come in to buy out the old but CNE appears very shy giving only small updates and people on this board talk about projects no one has any idea about. WIth eqtec i know every project and exactly how it is going as they release an RNS for everything. Very transparent, very simply but very successful. The time it would take to do these steps are minimal and they are making substantial profits and this could be farmed out to a 3rd party agency and finance PR agency for a tiny sum of money. They would see their valuation rocket overtime. I really think the management cannot possibly want to let this continue the way it is and i am sure the HK investors are far more aggressive with their demands having lost so much so quickly. I think some constructive engagement with the company can help to get things addressed and discussed so would recommend all investors to contact them. Have a good weekend and hopefully CNE will get themselves organised by October as i think it will take several months for them to steady the nerves of investors and make a concerted effort to win new investors into the fold after the most disastrous IPO probably this year in HK, if not the decade.