Obtala Resources Share Discussion Threads

[beeks of arabia] 23/3/2019 12:12

New focus, new ticker....new thread?

[mortimer7] 21/3/2019 11:16

Dealings under the new name are expected to commence at 7.00 a.m. on 21 March 2019. The Woodbois AIM ticker will be amended to WBI

[humanoid] 20/3/2019 12:24

multibagger
ref Q3 update 2018: 95% of sawn timber production came from Gabon in West Africa. I would assume that this figure may even have increased since due the changes in wood processing regs in Mozambique. So my feeling would be that while the cyclone is causing devastation in south east Africa it should not be devastating to Obtala.

[multibagger] 19/3/2019 18:53

Cyclone Idai is reported to having been truly devastating with much loss of life and property sadly. Even if it did not hit the OBT businesses/lands directly per se, one can imagine that the indirect effects of hitting infrastructure, electricity, roads, ports, communication, banking, displacement of populations and risk of waterborne infections etc in Mozambique.

It is likely that government resources will be re-directed to getting the country back on its feet and could affect the issue of permits/licences etc...which will be seen as less of a priority.

My guess is that the effects and after effects of the cyclone will surely impact OBT for the next the next 12-18 months at least from a business / revenue point of view...holders be prepared as developing countries take a lot lot longer to recover from such major events, than we in the West would expect.

[beeks of arabia] 19/3/2019 09:51

I’m surprised they haven’t tried to monetise the cyclone by selling preference shares in it. :)

[michaelfenton] 19/3/2019 09:47

Anyone any idea if the huge cyclone in Mozambique has had any effect on OBT ops in the region?

[blue59] 21/1/2019 21:02

Why the need for a sweetener/incentive to stay??

[mortimer7] 21/1/2019 09:10

Yes, creative incentivisation. And fairer for shareholders than issuing dilutive options.

[jack jebb] 21/1/2019 08:46

Smart move by Miles imo - looks like he is locking in Dolan and properly incentivising him for the benefit of all . Not forgetting I guess that Dolan will keep an eye on MP's substantial pref shares . And from what I know about tax the arrangement is tax efficient for Dolan . Everyone’s a winner .

[kaos3] 14/1/2019 14:55

hxxps://www.voxmarkets.co.uk/articles/horizonte-minerals-live-company-group-obtala-and-malcy-3c748db/

[jack jebb] 14/1/2019 11:09

Its looking exceptionally good here. Company now focused on the one area which gives them margin, demand and where they have an edge. Coupled with the clear 5 waves up we've seen off the lows, I would say this share has clearly bottomed and will be a top performer in 2019.

[blue59] 14/1/2019 11:02

'this is all so funny to observe - better than a movie
much better'

It's somewhere between a farce and a tragedy!

[kaos3] 14/1/2019 09:46

and a very strong (read expensive) addition to the BOD regarding PR (propaganda) is needed. obviously

do I send my CV?

on the more serious front - I with a team of 3 would be producing millions in profits not revenues by now - if someone else would take care of politics

[kaos3] 14/1/2019 09:33

in the outlook they forgot - clima change, poor, hospitals and kindergardens

data gathering NETWORK at the jit pace - in forestry - lol
backward assets sales

needing more trade financing - wtf - use profits

no mentioning of the FINANCIAL profit outlook, no net and gross profit margin per segment and country

this is all so funny to observe - better than a movie
much better

[kaos3] 14/1/2019 08:13

what is a backdoor asset stripping - buy an asset, invest in it, learn and then sell this loss making asset for peanuts to ..... use your imagination

[kaos3] 14/1/2019 08:10

an interesting shareholder stakes shuffling in the last years - they really are a good network - where do they meet to get to know each other I wonder

[kaos3] 14/1/2019 08:08

they are not a bunch of incompetent financial savvy greedy crooks

[phowdo] 14/1/2019 07:52

Did they mean to delete this bit?

"Unsurprisingly for a new facility, recovery ratios of the most valuable 'face' veneers, have yet to match the industry standard, and we have room for improvement."

[sonofbanjosinger] 10/1/2019 15:12

I bet they regret unloading Bushvield Minerals....

[jack jebb] 10/1/2019 11:10

Meanwhile, the share continues its surge. Unlucky chaps.