Today’s NWG look interesting . Can’t decide whether to move my Lloy to NWG ,currently holding 50% in each but Maybe the long term is more favourable in NWG than Lloy. I’m only interested in the long term. Difficult decision.
Received Align latest recommendation today in my inbox for a company called Corcel. The present sp for the company is 1.62p. Probably won’t take it up as it’s only forecasting a 900% growth. “Peer comparisons & industry metrics suggest 900% upside Our conservative valuation begins to show the potential. We update coverage of Corcel with a target price of 19.35p and Conviction Buy stance.” Still awaiting their lates update on KZG that they promised. They are a joke.Lol
going on. Im heavily invested and don't want to be a damp squid but those are sells you can tell by the price. The wording as usual is ambiguous 'expected increase' , 'majority',' intends'. The biggest indicator for me at the moment is the dropping sp from 24 to 19. With this news I was expecting the paltry 2.4p to be well over 3p and nearer to 4 but it hasn't happened. The reason for my wariness in this RNS is their history of misleading/inaccurate previous ones. Hopefully my scepticism will be proved wrong but they have history. Even with todays news we are still below the price of 12months ago and oil has doubled. GLA
When oil was bouncing around $40 I would have been delighted to think a year later it would be bouncing around $70 . The share price then was 3.25p. Today despite a 70% increase in oil and higher domestic prices we are seeing a share price 35% LOWER than it was then. I think CASP defines AIM for what it is…a complete gamble. Let’s just hope it pays off.
To the party I have averaged down from 37p to 29p which I was quite pleased with. The dilemma now is whether to level down a little further or avoid the falling knife. The offer oversubscribed two and a half times is my main consolation at the moment. If Mr Peru wants to sink into oblivion then let him try and nationalise the mines.
Poppyseed you have gone from: 'Oh dear tucson, really can't be arsed' to the detailed 'instead the resource will now be exploited through the use of pumping techniques whereby the ore will be pumped from the offshore mining area to a collection point onshore from where it will be taken to an offsite wet concentrator plant (WCP) for final concentration'. Seems like you can be 'arsed'. You then amusingly say ' I am not the company spokesperson' ??????. Ignoring Mr Cautious statement 'Poppyseed - I have to interject here. It has traded around 10x todays price early 2017 late 2016' To use your language are we supposed to think 'you cant be arsed' to respond to any genuine challenges ? You finish up with the statement 'some of the totally baseless investor cold-feet theories'. How banal to think that anyone who has a different theory to you 'has cold feet' and their theories are 'totally baseless' You make me smile...agenda comes to mind lol. The board is probably bored with our little interaction so respond if you like but I will move on. Message to KZG....please no RNS tomorrow . I hate an RNS on a Friday. Would love one on Monday though if you can be bothered with us lowly private investors. Lol.
April the share has been on a steady decline. We now need a 60% rise just to return to the April SP. Poppyseed you stated: "Notably, I see no take up of the challenge so far to point me to "all the signs" being that it won't complete." I have pointed them out to you in the past so I will just add two more: 1)Who would complete an investment at 2.7p with current sp of 1.3 that is almost depleting by the day. 2) 3 weeks ago you believed we were only a few weeks if not days away from funding. Time dragging on encourages me to think a deal will not be done ….but obviously Im hoping against hope it will. Like others Im heavily invested . This is a Tantalum Company which we all invested in some when it was 10 TIMES todays value. I didn't invest in Diamonds, sand or any other distraction they may introduce to cover up their failings. Are you now saying the sand is now the key element and without it the Tantalum is even worth todays SP? Are you saying without the sand we are a busted flush as far as the $9mill is concerned. By the way its not my impatience but their fake promises and spin that concerns me. I repeat my previous posts that the only person responsible for my investment is me but I did a lot of research before investing based on their RNS's which to a large part have turned out to be extremely misleading. So yep Im annoyed but cling to the dwindling hope it will somehow come good.