Member Info for Strider4

Yes I would have thought that crossing the t's and dotting the i's with the government would be the final hurdle to jump before the other financiers will sign on the dotted line. But it's also worth noting how quickly the Ethiopian government are moving on this. They really want to see this thing happen. There are countless other shares out there that are stranded waiting for government approval (Kibo , BEM and CNR are just a couple that come to mind). It is an enviable position to be in: low mcap full support of the government - not just lip service and procrastination.

So many boxes ticked off in the short time I've been invested. Guess we're waiting for confirmation of the finance to really set this alight. It is definitely primed...

You can't wriggle out of it on pedantry. We both know that's not what you meant.

Just to bring it out into the open a bit more: "I think this will almost certainly make money." Case closed.

26th April 2017 and I quote: "Not good enough I'm afraid Strider. Once you have told me if you agree or disagree with my posts and your reasons for disagreeing (if that is the case) I will reveal to you why I think this will almost certainly make money."

It's a foot in the door of a major international...

Shooti, and regarding Jilson - likes to point out of the negatives of the company only. However, he states he's invested and thinks Fitbug has great potential - go figure.

Ah yes Jilson, and of no significance no doubt. That's why it caused the shareprice to rocket to a high of 1.1p when it was announced. And before you say look at where we are now - it dropped as they did a placing at 0.2p a few days later. They raised a fair amount then so they should have a good amount left at this stage - i.e. no immediate placing fears.

Cristalball - and what about that contract announced at the end of January 2017 with a large international company?

Doesn't particularly need massive volume to rise significantly from here. We had the volume on the breakout a couple of weeks ago.

Ach your not you're!

Fantasy, we are nowhere near the 5p mark. You're subtly negative posts almost suggest that you would like a lower price, perhaps to top up or re-enter?

Only had a brief scan of the Odey RNS today - I'm not sure they're selling as they have the same no. of shares before and after. Is it some shift of voting rights instead? JP Morgan sale on Friday will be totally independent of the news. Like I said, it was probably due to some internal regulation.

So, after about 5 posts on here, you are calling me "a person of little substance". Wow, you are a deeply negative person aren't you Jilson.

And finally I should add, that the sale by JP Morgan does NOT in any way mean that they will CONTINUE to sell. As mentioned in my previous post, there are many potential reasons for the sale, which may now be satisfied.

The sale by JP Morgan also more than likely has diddly squat significance. Institutions are fettered by self-made chains. A sale can be triggered by any number of reasons that has ZERO relation to the share's prospects (e.g. shift in internal policy, requirement for redistribution of capital, cap on allocation to mining companies, cap on allocation to individual mining companies, etc etc). I've seen it time and again: institutions often sell right at the bottom and buy near the top. That's why I won't give them a penny of my money to manage.

Very positive I'd say, to see a decent rise even against a head-wind of JP Morgan sales. Suggests a great deal of strength, and when the brakes are removed the shareprice will react accordingly.

Come on Jilson - you clearly know a lot about the company, are invested here and think it has significant potential. Yet, all the posts I've seen from you are to "discuss" the negative aspects. We've seen what you've written, noted it but I'm sure I may speak for a few others in saying would you mind adding a few of the positives to your mix?

Foot in the door job really. As soon as you're in with a big multi-national, not only does that open the doors to an extensive roll-out within that company internally, but more importantly it is a HUGE vote of confidence and other big companies will come on board much more easily knowing that the product has already been tested and approved by another major.

Wonder when they'll let the cat out of the bag and name the "global financial services group" that they signed a big contract with not long ago. Attaching a big name client to the company may open the floodgates...