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Eeeh! Yes surprised by yanks. Wonder where this is going during their pm session.
Bought more earlier today and if it opens up low in morning off the back of US close i will continue my gradual stake building.
Fundamentals are all you can go on in a company like this at its current stage of development - and one of best around imho.
Hold 1m shares here at a much higher buy in price.
Like most I understood the COS/risks and for the last few years believed we were onto something.
DW is not completely at fault, as best judgements/decisions based on given situations were made at each stage (we must assume) and through the data room he got a reputable FO producer on board.
Yes - I think now his salary should moderate but that is in the grand scheme a minor point imho.
My focus (as all of us i assume) is making some money from 88e, but at this juncture I simply fail to understand how DW or anyone else will unlock
Shareholder value from here.??
I won't sell at this distressed price but i have no hope of recouping incurred loses so if SP ever reaches 1p i'm out to recover something.
No bitterness, no response needed - just realistic from where I sit.
Great posts Phrontist,
Sums our current/historic situation up succinctly....
Like you I did my own research and invested based on the initial plan, but this has frustratingly mutated into a different thing now whereby we are thinly spread (classic AIM).
I'll be upfront enough to say I expect a damp squib from this FO, God I'd like to be wrong.!! but as I said in a previous post 88E holds scant credibility in the market and unless 88E can delight the market with something transformational then we all know where this is going.
Some on here may say 'come on DW you can pull it off' , but i can't say that nowadays.
Anyways; on a positive note, the FO is hopefully around the corner now so whatever our fate we should all know soon enough and then we can move on.
ATB to the holders...
rfarfa.. majority of holdings being PI is problematic, since majority likely have little to no understanding of the industry/process/timelines. Couple that with DWs industry-centric style of writing RNSs, it is easy to see why SP is systematically punished by sells. I'm afraid imho, it will take something very special ref FO to push this SP to 3pence again. DW mustknow so let,s just hope news is excellent and that he can convey that in a PI-centric fashion. I know boredom/impatience/cabin fever is setting in here but I'm not worried how long FO takes. As long as it's good for 88e nothing else matters at this time - just wait.. That said, knowing 88e I am braced to be underwhelmed should it come to that - my investment, my decision bla-bla..
Listening to the interview on Monday when DW was asked about FO and trying to draw something from the way he responded - i'm left with a feeling of some ambiguity. He did say that FO talks are in final stages but then in true DW style he then affirms that FO may not happen. I suppose I'm left pondering if that is merely a standard risk disclaimer or is he now trying to pre-warn us of an undesirable outcome coming down the tracks. When asked about the kind of deal beneficial to 88E, DW responded that its "the best deal you can get" which again didn't fill me with confidence although that is the reality given our position notwithstanding another CR. The other takeaway from the interview, yes i'm sure the team are putting 100% into this not withstanding the fact things haven' t come to fruition so far. Probably just me , but after 3yrs in 88E i take nothing for granted and temper my expectations but still positive and live in hope that 88E can cream the curve for all our sakes.
FGS what more can DW do at this time... He's just trying to execute the PLAN that everyone is (or should) aware of. Naturally if news is not forthcoming within the timelines of the plan SP will drift. That said, so much for the RI discount.
Like many here i'm so far down on this so called investment i could buy a grands worth and practically halve my average. Roachs' crisis managed and woeful decisions have contributed to this rudderless drift not withstanding Zim govt so now this KME deal is the latest questionable venture. Just want to move on from this crock but even to hang on for Circum, what year i don't know.. will likely get us to 0.4p guesstimate. My investment, my choice at the end of the day - worst investment decision to date. Wished i never heard of prem. Sorry for the vent, thx for listening.
Soooo if I have this correct..... despite the fact that this firm values HRZ as nil, bravo/stellar at 25% COS & western blocks at 30% COS you still nevertheless see the current SP as a great entry point - how so?
Anyone know what time they are published?