RE: Wow - Getting interesting now.22 Nov 2020 14:49
I have to say, I’m not sure I understand why some (especially long term holders) are becoming “frustrated” at this stage. It’s only a little over 3 weeks since we got the EOI Rns and we are talking about trying to bring a multi billion £ asset to fruition. At what pace to people expect this to happen???
The share price has risen 300% or so in last 6 weeks. If someone had told me in August we’d be sitting at 9p in November and we’d have a real shot at being Morocco to market, I’d have taken their hand off.
I think some need a bit of a reality check in terms of time scales and share price increase. We have been told we will have updates before the end of the year, so that is what I’m expecting. When those updates come I am expecting a further re rate in the share price. I’ve been here for 10 years+ (And I know others have too) so a another few weeks or month isn’t going to make the slightest difference.
The only only people who should really be concerned at this stage (and it’s becoming apparent that this is the case) are short term traders (who I care not a jot about), those who have sold and are hoping to buy back in cheaper, and those who fear they have missed the boat (which to some extent they already have) and are hoping beyond hope that this will drop back under 5p so they can buy in and feel better about their entry price.
Best way to deal with naysayers, is to just keep re posting the facts as we have them, rather than being drawn in to petty squabbles. Don’t forget, Disrupting the BB is what these people set out to do. Good, factual posts get lost in the dross and knowledgeable posters get fed up posting and stop. Don’t let the loonies take over the asylum.
News could literally drop at any time which could take this to 25p, then the same people will be back trying to talk the price down to 18p for their entry.
GL
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