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I’m liking the positive dripping of news flowing over time. Re-rating coming soon if it continues.
I got full allocation, + 50%, will be interesting to see price action next week. Suspect price will float around the Issue price; probably dip a little under. Good opportunity for final top up before we start the final stretch to production :)
Nice find Sam
Well written piece which sums up well why I’m invested here.
Hi all,
Long term CERP holder, happy to be with BPC for the journey.
Expecting some positive momentum leading up to the drill, will take a view on top slicing if sp increases significantly leading up to December. GLA
Positive news, further de-risking production value.
Hi Bunsen. Yep completely agree, Port reopening would give this a nice bump.
And why do people buy? Hype or reality. I’m sure both are true, but the hype will take this much higher if the contracts start rolling in.
From Jan16 th Update RNS:
The Company can report that further progress was made in the second half of last year. The infrastructure works on site for the Daewoo Tata JV contract, signed in September, are continuing and are on track to enable revenue under this contract to commence in April, as planned. At the same time, there were further cargo movements at the site in 2019 as potential customers trialled the logistical and environmental benefits of shipping through Karanja. These individual movements have been small but feedback from customers has been extremely encouraging. Additional larger contracts, referred to in previous announcements, are taking longer to negotiate than hoped. Given the long-term nature of these contracts, the Company recognises the importance of agreeing optimum terms, and is prepared to take the necessary time to secure them. The Company can confirm that all discussions that were taking place in 2019 with potential customers continue and remain positive. The Company is confident that these relationships will be converted into contracts and that the Company will generate meaningful revenue in 2020 as planned.
Share price has been drifting lower since September with little news. MPL need to show where and when revenue will be forthcoming. IMO that is what will drive the share price back towards 2019 levels. Which would be a healthy profit from these levels :)
Giving this the once over. Very cheap, but where are those contract wins. If they start coming through this will multi bag. Looking for an entry about 0.28.
Nice update. Shows revenues unaffected by covid19 and building lasting relationships with their clients. 80% of revenue is recurring:)
Thanks Ohm,
Let’s see if it can push through the resistance at 1.85.
I do agree this is very undervalued!
What sort of person is “The Doc”? Is it a bump and dump operation or do they have more medium term goals?
But great news none the less.
More good news to come (fingers crossed)
Red or blue?
Does seem strange to be able to buy at 1.8p when my screen is saying it’s the ask price??
Yep also just averaged down @ 1.8p. Seems too good with BPC price, hope it equalises up over the next couple of sessions.
During the investors call PL almost said the word “acquisitions” then corrected himself and said opportunities :)
I think we have an idea where this is going but as has been said before how will we pay for it?
Will be interesting to see the price action tomorrow. It’ll tell us everything we need to know about how the ii view this deal. I’m predicting a close above 2.5p, the offer has obviously been open to all employees and I can’t believe that’s not leaked. Gla
But then he bought most of those back at 71p 1st June in his wife’s name. Bit of accountancy organisation.
Should see a nice increase in interest in the run up to trading update next week. BOD have large percentage of shares and have been consistently buying. Fully incentivised to create shareholder value. Expect positive update to push this back towards 70p. Dyor gla