Member Info for startfromscratch

I've been in and out of this share several times .each time got the price wrong and ended up taking a loss as I looked to bale out as other opportunities seemed better. I am no expert on civil engineering projects or mining start ups.,but my humble opinion is this is a unique opportunity as it's a new mine being built in UK.no polical risk to project being stopped.it will be built and it will operate at a profit.it will create jobs .folks on here talking about project running out of money maybe but it will get further finance .to much has been spent already for it to cease .there is a huge market for the product .the mine has a long life expectancy.the only unknown as I see it and this is the risk .what exact amount of further funds required to finish project and what effect will these cash calls have on share price.. eventually the mine will produce income .pay back bond interest .even redeem bonds and maybe pay a nice dividend.what price will share price be then who knows but I think over the medium term say next 10 /15 years investors will have got there money back and if timing has been good even a nice protit with stable secure dividends for the long term so once built and running .the big pension funds will be buying in for the safe secure dividends that the future mine will bring.

Company needs funding urgently.subscibers will want a big discount to forward sell .unless they have privy info which indicates nailed on approval .so I will wait and watch to re enter.placing price to get them fully away 4/5 p ?

I can assure you all of these buys today mine included are an averaging down exercise.im at 2 p plus Ave unfortunately I got in at 3p with the baulk of my purchase and are down over 3 k at present.

i stand corrected HH

the ex dividend date is the 21st of feb.if you sell tomorrow you will not get the divi .you have to hold until 22nd close as this is the record date.to which the share register is checked against.

with divi record date fast approaching this will re rate by at least another 50p before next thurs then to hold after goes ex div or sell and buy back after drop. decisions decisions

Well I have just bought in for a 20% gain in next 6weeks

I salute your investment strategy sir. If I had the funds it's exactly what I would be doing .Vod will be around for a long time and so will the dividend s albit prudence would dictate a reduction is now required.

Fact going into boots .and Tesco.fact tens of thousands of potential customers every day .will see products on shelf.turnover will increase it's the profit margin that counts.C H selling so what when is the best time to sell ? When at peak when is the peak? The good thing is that's more shares into market which will help liquidity .if they had been sold to an II tr1 would have been required.there are not enough shares in free float so you will always get the peaks and rapid troughs.as people react to newsflow.for me it's another opportunity to to up and average down .I'm chilled this will return to 1.50/180 before Christmas.this company has no debt and does make a profit.what more do you want?.;

Agree this will take months to sort out.but in meantime that creates uncertainty which market punishes.there could be a small bounce but as pointed out already there is no liquidity in this stock so difficult to trade any decent amounts to make it worthwhile.for the record I have a holding in this it was a punt .which didn't pay off .I didn't expect a delisting from this update.so now I'm down 50% .but I certainly won't be averaging down.

Mind you if folk keep on bailing .I'll need the hair treatment products .or is it the floppy thing!

As they say been here before sold out way to early last time Jan 17 2.20 got spiked panicked sold out at 1.80 only to see it re trace back up to nearly 4 quid on nothing really but hype so now we are in a much better position with boots .then Tesco .on board share placement out the way .I'll not be making that mistake again.

Sellers are not readers of this chat site.lol

Why oh why are there any sells today this has got £2.00 close written all over it £2.15 tomorrow. Then as results digested by market the re rate will start in earnest. I will not be top slicing till £2.70 min.

So this year they forcast profit of 650 k but next year to be in region of 1.6 m so if you apply a PE of 25 not current 31. You get market cap of 40 m which would equate to around £2.75 a share that's a good building block .

I reckon the market men have just seen my posts.up she goes

Now I'm getting excited.!

So we sell 1 bottle of roots per day in each boots / tesco store once fully rolled out that's 2500 per day min that's 17500 per week .crickey what if it really takes off.

I held for a punt this will now cost me £1500 .but maybe the true price is around .3/.4p until more contract wins now looking back that peel got in and forward sold there allocation for a Hugh profit .now when this drops to .4p at the open they will come back in and mop up .I'm just frustrated that I'm locked into this for at least next 6 mths . missing other opportunities elsewhere.

Looks like another higher close today bodes well for Monday and rest of week as news draws nearer