Baobab Resources Share Discussion Threads

[6kenny] 21/2/2015 19:52

He mentioned Christ Kev not me!! :-)

[kevin1962] 21/2/2015 19:27

Born Again brigade look out !!

Keep it to the CULT thread Kenny lad.

[6kenny] 21/2/2015 17:32

Christ is ALMIGHTY and I thank you for highlighting it.

I ain't going anywhere until either we are bust or significantly higher than 4p!!

You may delight in a 4p share price but many others do not.

[nav_mike] 21/2/2015 10:10

Christ almighty.....all you have done all week is moan

Chinese New Year is for most chinese 18/2 to 24/2:



Why dont you sell up and re-invest in any one of the small miners that you must think are doing brilliantly compared to BAO? You are bound to get your money back faster than hanging around here.

[6kenny] 21/2/2015 09:45

I read somewhere chinese new year is 40 days!!

[adrian1001] 20/2/2015 22:37

My local take away didn't close

[6kenny] 20/2/2015 21:45

when are chinese back to work?

[emtrad] 20/2/2015 19:59

Read the presentation too, nice to have an update but nothing we didn't glean from those who went to the AGM. Clearly we have to get moving with the Chinese.

[emtrad] 20/2/2015 19:56

I don't think people have too much to worry about at 4p, save the worrying for those of us deep in the red. If this project does succeed the rewards will be a very healthy multi-bag from this level I'd imagine. Whether that helps us at the higher averages is another story, I hope so. I live in hope in AIM, not in expectation. Don't like the casino, you know where the door is!

[6kenny] 20/2/2015 18:06

True Pete,

I almost invested in IRON when it was just over 1p, it then flew to 17p in like 8 months!!

I'm not sure exactly what it will take to get us moving but I would be interested to know how long the Chinese have off for Chinese New Year?

[kevin1962] 20/2/2015 17:16

You are dead right Pete wish I had bought ALL mine sub 5p 😁😁😁

[pete_bain] 20/2/2015 16:47

Tide could turn in our favour though Kenny.IRONveld up nigh on 50% so given the right circumstances there's interest to be had. Takes a brave man to invest right now but the rewards could be handsome.

[6kenny] 20/2/2015 14:50

"and the board is assessing the merits of shifting focus"

from iron ore, to pig iron and now to steel.....let's hope it ends here!!

[6kenny] 20/2/2015 12:30

hell fire furnaces....

[6kenny] 20/2/2015 12:30

hell fire furnaces....

[kbrook] 20/2/2015 09:09

Is the implication not that the Capex figures aren't going to be significantly reduced because we now need all these furnaces. Not sure what they cost but I would imagine a hell of a lot.

[pete_bain] 20/2/2015 09:03

Honest presentation. A JV would definitely generate renewed interest here. The sooner Baobab can offload this at a decent price and get on with exploring the better.

[krr13] 20/2/2015 08:35

Kbrook I think it was what we expected ie steel production. Just nice to have confirmation from the company. Key for me will be when the Chinese are onboard. I think things will move quicker at that stage. Reduced capex figures is what I want to see and then the market might start to get interested

[kbrook] 20/2/2015 07:38

Really.... Anything in that we didn't know? Our eggs are definately in one basket now.

[jedad] 20/2/2015 07:32

Very good in with the rebar out with the dime bars,,,well done bj keep up the good work ..

[krr13] 20/2/2015 07:21

So confirmation that the company are looking at steel. Makes a lot of sense given the drop in commodity prices. Also Moz imports 100% of its steel. Just need to select a Chinese partner to finish the BFS then things should start to move quicker.

[solonic] 19/2/2015 16:46

Oh really, woos? Bloody hell, who would have thought it? You must have been very good at sums when you were little. I am in serious awe!

I suppose it must be very restrictive to be forced to invest in nothing but miners and oilers. Who set those parameters for you? No chance of you ever making money now I would have thought.

[wooster4] 19/2/2015 16:20

oh solly - ftse is driven by income shares which have had a great run over the past few years. However, the commodity sectors of the ftse have not enjoyed the ride. When it states ftse up 5%, it does not mean every share within the ftse is up 5%!!!

[solonic] 19/2/2015 15:53

You don't understand anything, do you, WOOS? FTSE100 up 5.1% FTSE 250 up 5.7% this year already. Nobody's forcing you to 'invest' in silly little AIM shares and then hanging on forever for grim death, you know.

I don't know why I bother, honestly.

(BTW sorry to be pedantic: 'infers' is wrong, 'implies' might be better. You're not the first to make that mistake on this thread, though..... )

[wooster4] 19/2/2015 14:18

so solly, oilies at lowest prices in over a decade as are miners - infers market is pretty bloody awful. But solly, you know best. BAO is ofcourse on its own in its poor performance. No run along sunshine!