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Copper up, oil up, gold/silver down. Looking more and more like a confident market. I thibk markets expecting a done deal this time round with trade war. Should be a good run into xmas before the Brexit stuff flares up again.
Perfectly healthy, looks like Trump now wants markets to be propped and Mr Market is responding accordingly. KAZ could hit 700p by year end if copper continues its run (its just perked up following yesterdays fall)
I too am intrigued as to what this means.
One thing is for sure, Bidstack working with EA is certianly a good thing. Only a matter of time until a deal is struck, i still think the major game devs want to see Bidstacks tech in the real world before taking it on. Just to iron out any kinks. At my workplace, we wouldnt dream of rolling out something to all our customers before trialling it out first on a small group and gradually ramping up. Should support the SP a little.
If we're lucky we might be producing in time for the next upward gold cycle in 10years. Clearly missed this one :D
In all seriousness, im just thankful this hasnt gone under. Almost every single AIM share i have ever held has either gone bust or been diluted to hell. GKP, BMR, XEL, SXX, AGQ just to name a few. Held Condor since 2010 and its still keeping afloat so maybe itll pull through to producer status... just maybe. Sticking to FTSE 350 has served well.
Profit taking combined with copper price drop.
Production was good, now we need copper to move up. That'll get this racing up.
in with a small stake, not sure if it the bottom, but regardless of what happens to the CEO the company should continue to run. Hopefully enough profit to act as a buffer in the case of worst case scenario (no idea what that could be)
Nickel, what are your thoughts if the allegations are indeed true? I admit, financially the company looks very healthy but sentiment around this investigation isn't looking good. Sitting on the fence, watching closely though.
Agree.... seen it with GKP, RKH, XEL, BMR and many others. Usually when a project is this big and PIs are heavily involved, expect existing holder to get wiped out.
The mine will probably get built, jobs will be created, etc etc, the issue is all us hokders who've held till now wont get a return on their investment. There will probably be huge dilution and the existing holders left with a minority stake, seen it all before. Sold my last tranche when the results came out.
Good luck to those still holding, hopefully it works out but i wont be going anywhere near SXX until it is in a filly financed position. I still believe in the project, just not ready to jump back in right now.
Quote:
"Obrador has had a chilly response to foreign oil companies, and instead has coddled state-run oil company Pemex, in a nearly complete reversal of the previous administrations stance on opening up the country’s oil sector to foreign players in an effort to end the monopoly held by Pemex"
And therein lies the issue with pricing in a zama sale onto our current SP. Until the market see's the signed deal, we will linger. Ultimately he will probably come round, but for now (esp that we want zama sold soon) we wait.
and a bit of averaging down for me, it can go much lower if we hit a recession however i think the market will bounce back soon enough. We know KAZ moves violently both ways, £6 target year end.
Cavendish3, until production returns to its previous rate, close attention should be paid to the silver price now. Any rise in silver and this will go up (maybe not to £8+ yet) but every cent increase in silver is pure profit - regardless of production.
I would not be surprised to see this go lower still, PM's a highs, productions at lows. Tempted but head say wait it out.
If PM's drop, we drop.
If production rises but PM's drop we stagnate.
If PM's rise and we dont increase production, we rise a little
The only thing that will get this going is high PM prices and increased production, the latter of which may not happen till mid 2020 / early 2012.
Agree, im expecting a little cooling off in PM prices, the 25pc cut is already priced in, just look back at the last 3 months of PM prices.
Disappointing with FRES, just as PM's were gaining momentum, production slips. It seems it will take a number of months before we see improved production. Im not expecting any improvement until mid 2020, till then i expect the share price to just bounce around the 500-600 mark (unless of course silver goes crazy). This has now become highly geared to the silver price now, small movements in silver price will reflect here, just like Premier Oil for example. Holding my losing position but watching from the sidelines before averaging down.
Delays causing short-termers to jump ship and understandably so. Really frustrating being in this share, but it is what it is and the investment case is still there IMO.
Just re-read the RNS and frankly we only had 7 months left to begin mine construction, that was always a long shot. So i guess the reason is now clear as to why no mine build has commenced. A few weeks ago i was abroad and ran into an issue at the airport in that country. What should have been a very simple formality (had it been in the UK for example), took hour and hours. It took me nearly 5 hours to get a few forms completed and signed, point being that everything works at 1/10th of the speed in these types of countries.
I fully agree that we cannot rely on anyone to hold up their end of the deal (i.e. B2). Lets borrow some money and get s**t moving along where we can. The sooner we begin producing, the sooner we can all reap the rewards.
James tweeted a video of F1 2019 a little while back. Why tweet if of no relevance.
the days of buy and hold are pretty much gone. A sniff of bad news and a share gets dumped. We now have access to news as its released, forums, broker ratings, L2, blah blah blah - lots of retail investors. Just look at the manner in which ASOS has dropped.
Buy, hold till it reaches your target and sell. No point getting emotionally attached to ANY share, they can all be as bad as each other when bad news is released. You win some, you loose some, as long as you're winning more.
Im with MB, investors dont always cling on tight emotionally to a share just because they want a 100% return. Win some, loose some. Condor is probably just a small portion of their portfolio.
MC can always be offered a role to develop the mine with B2. He'll get a juicy salary, option and finally see his baby grow. JM and RB, they may well just settle for a small return on their investment.
Good to see seller have cleared, now we need the news.
Gizzard, £20 would make it a £4.8 Billion mcap. That simply will not happen in my opinion.
However there is one way to proper our SP into orbit, and thats to list on US stock market. Uber, Facebook, Snapchat, etc all sitting at crazy valuations, thats where tech stock are hot. Not some AIM listed minnow. I do however feel that if we execute as planned, BIDS will get bought out eventually
I think PI's need to be careful here. I'm not saying avoid, but the manner in which the SP has risen has been exponential. JD saying we can reach 20x value should be taken with a pinch of salt. I've heard similar statements from other CEO's and in the end its all turned sour.
The tech BIDS have is great, clearly could be onto something really big. But to think we can reach a few hundred million £mcap is quite pie in the sky at this stage. Once news flow begins and more deals are signed, with income coming in, then perhaps yes. For now, this is all speculation that we have the next big thing in the advertising space. We could get a RNS tomorrow claiming a lawsuit is being filed as technology was copied and the SP would tank. These things happen when least expected so would be wise to exercise caution however difficult it is knowing the SP keeps rising.
I've de-risked some, happy to let my remaining holding run for a few years if necessary. Good luck all, looking forward to that £500million+ mcap in the next few years. Would be the investment of the decade if it transpires.
I too would also be keen to see the value our advisors can give us. No doubt, if nothing else they are door openers. They give us exposure, get the name out there are offer a wealth of experience that we can tap into for guidance.
Couple things that come to me:
- What are the options they are being given? Curious if this has been disclosed anywhere. I mean, if i was an experienced advisor and offered options at 1p for a company whose share price is sitting on 18p, i certainly wouldn't turn that down. Is it really our tech alone enticing all these big names?
- What are everyones thoughts on in-game intrusive adverts (which forces you to pay attention - i.e. watch video to win coins etc) vs the native in game advertising which merely sits in the background quite naturally. Surely the intrusive ads hold more value? I am aware that US is looking to place bans etc but those are being targeted at children's games. Are native ads worth less?
- If I am understanding this correctly, BIDS solution allows it to display different adverts to different users based on demographic. I.e. 2 people are playing a online fighting game against each other, 1 sees ads targeted to their age, the other see ads targeted to their age despite both playing in the same game against each other, in the same fighting arena etc. Double impressions, just like that!
I think overall the technology that BIDS are onto is great, all will depend on execution. Clearly James is targetting this product heavily at streaming games (Google Stadia, Xbox online etc) and it seems he knows more than we do about their developments and how they will change the traditional gaming industry. Potential is there, whether we can correctly execute and capitalise before the big guns with financial firepower step in and steal our idea. (or buy us out :) )
A much needed re-trace i think. Allows some consolidation and the short term traders to bank their gains.
So far we have held up reasonably well, i wont make SP estimates but i wouldn't be surprised to see this drift lower over the next week or 2. Just bear in mind E3 is on 11th June and Bidstack "PR" will be out in force. I imagine this will generate some attention, just in time for another leg up.
Whilst I somewhat agree that BIDS needs to have revenue to back up its market cap, this is a share that can be considered disruptive and normally I wouldn't bat an eyelid, but the team that has been assembled here (paid via options) is really adding some weight to my theory that BIDS will grow.
I suspect there are a number of casual discussions currently ongoing that we are not privy to. For example, just a few weeks ago a video snippet was released for the upcoming F1 game by BIDS, although there has not been an official RNS on it yet. There are the things that are going on in the background.