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It would appear from his cv that he is based in Canada and involved with a company called Blacksteel and holds 400k shares in BCN. Maybe he is too far out of the loop and not favoured by Hanwa or Ganfeng. Could be a million innocent reasons why he has gone, a bit quick admittedly but from his cv it would appear that he did not bring a great deal to the table that isnāt already covered.
All must have had a twinge of excitement when they saw there was an rns never mind it will come eventually.
Sorry 2.5 to 1 not 6 to 1
Something funny going on still cannot buy but can sell no problem. Canāt buy but only offered 41.9 to sell, call me thick but I thought the principle was supply and demand when there is a demand the price goes up and vice versa, today the sp has not even ticked up by half a p despite demand outstripping supply by 6 to 1.
Just tried to buy more but only offered 500 max whatās going on. Either a big deal going through o they have run out of shares, QUE !
Should be this week otherwise a lot of punters will lose their resolve and move on. A spate of mini profit takers this morning after a healthy rise as per previous, act in haste repent at your leisure. This will go to a minimum of 50p IMO on the deal sign off so for a couple more days they lost 7 or 8p per share, peanuts on small share holdings I agree but still chucking away money. Just hold on and strap in for the rollercoaster to come in this week.
Welcome back into the fold, Roger.
I wanted to be a doctor but I havenāt got any patience. (Best said quickly). Crummy joke I know but hopefully lightens the mood somewhat.
A lot of impatient people today selling up their small holdings in haste, this WILL be signed off this week and they can regret at their leisure. As I have said previously more than once the stock exchange is the flow of money from the impatient to the patient, not sure who originally said this but I have suffered from the same impatience previously and learnt my lesson very expensively.
How can this not come good (this is not an invitation for de rampers although the great majority of posters on this board are very positive).
At long last in the words of the Carpenters āitās only just begunā buyers coming back realising this is last chance to buy at these ridiculous prices. Confirmation will arrive in my opinion this week, it is on its way, then try and buy because it is a limited stock with very few shares out there by most standards.
It would appear that a certain amount of impatience is in play here mrC. People are selling either because of the lack of certainty with the final sign off or they think they can make money faster somewhere else. In my view the sign off will be this week and then the sp will rise rapidly as these sellers get remorseful and try to buy back into a good thing. This current sell off will lessen the effect profit takers have on the inevitable sp rise after sign off.
All the boxes are being ticked slowly but surely, not long now and all will be good.
They will probably include a lot of future proofing in the 1st phase I.e extra piles bigger roads and lorry parking ready for expansion for phase 2 initially marginally dearer but a hell of a lot cheaper in the long run. I speak as an ex-construction man (unfortunately not on teachers fs pension but a money purchase invested in companies like BCN)
I must admit began to have doubts with how long this deal was taking but after listening to the peter Secker interviews am back on board as confident as ever of success. Hang on in there it might be a day or a week to final sign off but it IS coming.
Where is the rns to properly inform investors of this development. Seems odd not to confirm unless there is some additional info to add such as funding completion. Purchase of single shares seems odd too, could it be a signal, I have read speculation that it is signal of what I do not know.
I know this might be stupid question but what is stopping Ganfeng from buying all of BCN for say Ā£120m roughly twice itās market value 80p a share ?
People buying little chunks like mad now and the sp is ticking back up nicely.
A far as people knowing what he sp will be at any given stage of course no one knows for certain but itās good to be optimistic about an excellent prospect. Remember āthe optimist enjoys it but the pessimist doesnāt but the outcome is always the sameā so Roger enjoy it please.
Incidentally Roger what made you buy into BCN in the first place and has anything materially changed to make you doubt. If so sell if not hold on but always make sure you are not gambling more than you can afford, as previously advised reduce down if and when the opportunity arises if you still have doubts
Many thanks for your apology. It is all quiet on the western front whilst we await with bated breath for the sign off which is due shortly. Small sells seem to have a disproportionate effect on the SP here. Thus once again I ask investors not to lose your nerve and would once again reiterate the slogan āthe stock exchange is the flow of money from the impatient to the patientā.
You were right about AAZ phenomenal increase. As far Roger goes I am glad people have answered him in a very civil manner imo. I was on the verge of a very uncivil reply but thought better of it.
All the positives outweigh the negatives by far with BCN and its future both short and long term is good.
If you are not happy cut and run but donāt constantly de ramp harming not only your own wealth but also that of others.
To all the positive posters many thanks you intel is very helpful to novice like me.
All be patient the rewards for patience are a lot lot higher than being impatient. This should hit 50p by the end of the week and when the Chinese sign off up to 60p finally full funding will take it up to the promised land of 75p.
Thereafter Zinwald and move from AIM should put it in the Ā£1+ range.
The 10 percenters will get exactly that but the patient can have 20, 50 and more per cent.
There is no Devon Loch scenario here imho and dyor.
Good Luck all who persevere.
And still they keep selling for peanuts, hold your nerve please. There is a minimum 30% gain to be had here with a little bit of patience. One week to the board meeting when all will be ratified. Where else are you going to get 30% increase in one week please let us know.
Who said the stock exchange is the flow of money from the impatient to the patient ? Why would anybody sell this share now, it beggars belief, hold your nerve and the returns will flow in great abundance. Minor sells seem to be keeping this share down if they stop this will fly slowly at first and then rapidly. 2 more weeks to wait for 50p minimum.