Obtala Resources Share Discussion Threads

[sleveen] 03/9/2018 17:07

Another placing needed soon , awful interims.

[blue59] 29/8/2018 09:36

‘white collars tend to overcomplicate. keep it simple’

Probably a fair comment, the flip side is that those white collar wearers have ‘made’ millions (I’ve lost count of how many) from OBT’s investors without risking a blister or a splinter!

[shareideas1] 29/8/2018 09:23

No disrespect but it's not in EU - it's Africa... more than a little different! Regulation wise alone! Also they have been getting a (higher margin) veneer plant up and running (finally in H2). And raising trade finance to fund the wood trading business... the asset is real but monetising it has been a challenge - hopefully now in H2 we will start to see fruits of labour setting up for a much better 2019... otherwise with the discount to NAV as it is, the company will be taken out or taken private!

[odvod] 29/8/2018 08:52

it is - I do it on several 10s of ha. in EU.

just do it

white collars tend to overcomplicate. keep it simple

[shareideas1] 29/8/2018 08:48

If only it was that simple!

[odvod] 29/8/2018 08:39

multiply ha of concessions times 100 m3 per ha (stock per ha is 300 - 600 m3 so sustainable logging per ha) times selling price and you will get hundrets of millions waiting to be harvested. all what is needed for a start is 5 people, 3 chain saws and a tractor. total cost od starting equipment 30.000 USD.

one man logs 10 m3 per day - net price is - 100 USD/m3

3 logger producing 1.000 USD revenue per day = 3.000 net per day (hardwood) rimes 300 working days = 900.000 net from operations per year.

operations started in a week.

they refuse to do their job or can not do it imho.

[thebigchap] 23/8/2018 16:29

what is this all based on guys? this share has been a disaster for me despite all the positive rns it jist seems to want to dive further..what is going to be catalyst?

[odvod] 23/8/2018 16:10

I guess September will be start of the action. which could mean end of August is the perfect buy

[mrphiljones] 23/8/2018 15:44

Let the trend be your friend,ain’t seen anything to suggest it’s about to turn yet....

[odvod] 23/8/2018 15:38

is it time to buy? or still waiting to be done?

[oliversydney] 22/8/2018 09:57

At present much easier to sell as market will take 250000 at just over the bid price but hardly any On offer
Any positive news could really nice this from all time low

[sovereignplay] 16/8/2018 19:55

Ahaha fair enough.

But sometimes the price will not move and you'll see crosses off market. Those are still reported in the volume.

Today it looks either like there was no cross or the broker forgot to report them (unlikely).

[jack jebb] 16/8/2018 19:05

The two often go together imo.

[sovereignplay] 16/8/2018 16:14

Not a single trade today. Volume shows as 0.

[katylied] 12/8/2018 17:22

Hmmmm... An outbreak of good sense.
I wonder, is it contagious?... :o)

[beeks of arabia] 08/8/2018 19:27

No secrets on my part. Just my analysis of the facts that I can see.

My opinion of the company is unchanged, however the equity is unloved and I can't see it turning at the moment. Therefore a bit of capital preservation comes in to play.

If it turns and I lose out - then so be it.

[thebigchap] 08/8/2018 19:25

Awh come lads lets not keep secrets

[pj 1] 08/8/2018 19:24

Gobsmacked how HSR can advise taking profits in OPTI, and recommend sh*t like this, and many others whos share price are falling of the edge of a cliff.


Run your winners surely is common sense?

[beeks of arabia] 08/8/2018 18:35

The usual reason why small investors lose money - fatigue and small pot.

The boss spinning in to preference shares also didn't fill me with confidence for the ords.

[thebigchap] 08/8/2018 18:28

im sitting a 70% loss right now beeks...would love to have tge balls to take tge loss and reinvest but i also think this has got to go somewhere at some point this year and hate to get caught out both ways...what is it that temps you to be so sure moving now?

[beeks of arabia] 08/8/2018 17:02

I dropped a shedload of mine today at a loss.

Still holding some, however i'm wanting the cash elsewhere. Very disappointing turn of events.

[thebigchap] 08/8/2018 16:58

whats this got to do with obtala?