Obtala Resources Share Discussion Threads

[jack jebb] 05/6/2017 12:48

remark

Do you, by any chance, have a first class honours degree in land management?

[michaelfenton] 05/6/2017 10:31

JJ OK there was some skimming by me am now reading again. It appears to be a thorough report and not a ramping job? Some sales on the back of it.

[jack jebb] 05/6/2017 10:01

You are a quick reader! I'm only upto page 11.

[michaelfenton] 05/6/2017 09:48

wedward - well whatever the reason it looks like a thorough report and made very interesting reading.

[wedward] 05/6/2017 09:30

How could anyone write a 70+ page report on obt? Hope they were paid nicely

[saturn5] 29/5/2017 13:56

That looks a good report

[michaelfenton] 27/5/2017 10:10

Well said Jack.

[jack jebb] 27/5/2017 09:03

Putting figures on a growing business is a mugs game, Jak. Do you think AMZN and NFLX are trading where they are because of current profits/sales?

Its all about growth. I have no expectation for short term figures, but I strongly believe revenue will be over the current market cap within 2-4 years, and as importantly, that revenue will grow every year.

Its a simple business model and the work and preparation being put in now will pay hansome dividends for years to come.

[jack jebb] 26/5/2017 17:17

We ?

We are laughing right now at you, fella.

[jack jebb] 26/5/2017 15:46

Yup, about 200p in 2020. Top slice only though.

Once this starts the major revenues, it will be a cash cow for years and decades to come. Hop on board Jak, and admit you're wrong.

[jack jebb] 26/5/2017 14:04

I see Jaknife's bosses at Hot Stock rockets have reiterated their strong buy recommendation on Obtala today.

I can only assume that Jak is the grunt of the team, and is allowed use of the office laptop when the seniors are at lunch.

[michaelfenton] 25/5/2017 12:38

JJ yes looking back is rather futile especially with new management.

[jack jebb] 25/5/2017 11:56

The previous management set up the business, but wasnt adept at moving onto the next level.

The current management have had the helm for about a year, and are doing what is necessary to transform the business from potential to reality.

I think most shareholders, if not all, are happy with that. You're not, but frankly who cares, as you're not an investor here, and are obsessed with looking back.

[jack jebb] 25/5/2017 11:21

I totally agree MF. I am not bothered about Jun numbers, so long as progress is made. Once Obtala start producing the serious revenues, which should start properly in H2 this year, the numbers will be mind blowing and sustainable.

They are growing crops and cutting trees, it aint rocket science.

[michaelfenton] 25/5/2017 10:27

Yes it maybe a while but no problem as long as progress is being made.