Member Info for smudgedan

Good to see, buying in pre-results which will come onwe day next week.

This morning, having been in and out over the years. Very, Very cheap now, providing they can get financing sorted.

Am guessing probable backlash today as a result of NBU suspension.

John McLean seems to have done an ok job as far as running the core business is concerned. The issues have been: 1. the ceo of the Chinese subsidiary, not agreeing to release the cash to the UK 2. The aborted factory move to Mongolia (wouldn't be a Chinese share without a factory move!!), although not the companies fault (those cheeky mongolians decided to build a highway through the factory site) you could argue they have been somewhat tardy in coming to a resolution for compensation. That being said knowing how long UVEL have taken with their arbitration I do have some sympathy. Am betting on the above two being resolved and the fact that the downside is imv limited, whilst the upside could be a few hundred percent. One thing that attracts me to this share are the larger share holders and the fact that they are in it for the long haul and there aren't any dodgy BVI holding companies desperate to get their cash out of China at any cost on board. Pre-lims next week, so not long to wait for an update

I am hopeful that the cash plus any compensation from Mongolia will cover these liabilities. Underneath it all the business seems sound and has the potential for growth, plus the current mc is appealing to me.

I probably wrongly dismissed this due to the Naibu factor and shorting campaign but probably worth another look if they maintain the divi which must be a nearly 25% on the current sp.

I think that rightly or wrongly CAMK is tarnished by NBU, due to the sector they are in and could be hit badly if NBU does go. JQW probably less so. SORB I just happened to spot yesterday and could buy at the bid so thought I would go for it. Also a few pieces of news are awaited in the prelims next week, so will see what comes out of that. Hope all is well with you.

Yes, I feel that this gas a lot further to go as only just off all time lows. Want to see the Chinese cash released to prevent any further dilution (although all dilution thus far has been above the current sp) and also an update on the Mongolian compensation

Next week, with news on the Mongolia compensation.

Thanks, hopefully your loyalty here will pay off.

I take it you have been in this one for a while? Looks interesting.

Now moving back through the gears.

Think this has plent to go.

Sell over 100k share at way above the bid. This will move back up.

Think we will see this push on as the second wave comes in.

Profit takes, same as AMP and the others, but this will push on.

Cheers mate. Nice when it pays off.

Yep, that is right about the loan notes. They are in the process of releasing the cash from China, where the CEO of a subsidiary wasn't playing ball, but he has now been brought back in to line.

Morning chaps, yes, I saw it when do some research yesterday. The name rang a bell as John Gunn is a holder and he was the one that sold down on Hightex.

Long term holders have stuck with it and still have some way to go to be in profit.