Upland Resources Share Discussion Threads

[tyler90] 10/9/2020 11:44

Haha! mm's scaring peeps into selling but look at the volume and there is a 1m buy too!The mantra 'buy when everybody is selling' is applicable here but please DYOR and AIMHO. The CEO was not sacked, he has been moved to where he is going to be hopefully more effective.

[soulsauce] 10/9/2020 11:30

Flipping eck TheJABA 2p by Xmas, that's a bold statement.
But didn't Bolhassen put CP in that position?
It's obvious what the market thinks of it, much as I do, shambolic.

[tyler90] 10/9/2020 11:24

Joking aside, I was critical of the company before going away and felt Chris was falling behind.I think the jigsaw pieces are there, they just need the right person to fit them all together.Even temporarily, I would rather have somebody who holds a major stake in the company to be at the helm to get the right person because it will benefit his personal wealth apart from anyone else

[thejaba] 10/9/2020 11:15

Soul Probably in a better place than CP being there.Let's be honest he has done nothing in 12 months besides breathe and take a salary. At least bolhassan with his 120m odd shares is aligned to us. I think he will have us at 2p plus by Xmas

[soulsauce] 10/9/2020 10:56

Yes definitely the holiday tyler. Hope you had a good time.

Looks like another set back to me and a waste of 11mths. I would hardly say that is quick to find someone is out of his depth.

[tyler90] 10/9/2020 10:53

Did not expect to come back to an increased share price and UPL did not disappoint me on that one.Another MoU is positive and so is the sideways movement of the CEO.Nothing personal against the ex-CEO but, although he meant well, he was out of his depth and the pandemic did not help.I am glad the BoD realised this very quickly and have taken action. Many companies cannot see when things are not going according to plan.Must be the holiday but feel like today's news is actually positive for the future direction of the company

[sicilian_kan] 10/9/2020 09:53

I sold out, at profit, in the couple of weeks after the RNS, one before this. It was clear little progress had been made. Took a while to get the volume through but they all went at a 5-12% profit. Today's RNS has supported my position. Will watch from the sidelines.

[soulsauce] 10/9/2020 09:41

But where does that leave us TheJaba? The last raising was to close deals, it's not happening? And what does that say about those making the decisions.
I hear Ronald McDonald is looking for another challenge.

[soulsauce] 10/9/2020 08:52

LOL Spangle, he must have given them the same speech he gave the twitterati.

It smacks of a company looking for direction without a compass.

So another temp in charge :-/

[backbone and clingfilm] 10/9/2020 08:51

Yes noteworthy CP still on board. Who next I wonder. Presumably someone who ticks all the boxes that CP did plus the ones he did not.

[backbone and clingfilm] 10/9/2020 08:46

Buckled up on the kiddies toy ride outside the shopping centre. Someone put another 50p in and get it going again

[soulsauce] 10/9/2020 08:46

Right, real progress then nlmbidc, great.

[spangle93] 10/9/2020 08:46

Just reads like the guy was promoted beyond his skills and competence, but that the other board members and primary investors who put him there feel he still has lots of value to add in a more specific capacity. He's still on the board.

It would be nice to think that his remuneration is adjusted downwards to reflect the relinquishing of the CEO role, but I suspect the gravy train will roll on.

[nlmbidc] 10/9/2020 08:41

Not exactly. The data for Brunei and the wider Malaysia option were progress by CP having sent the data to the US for reprocessing. Same applies to SAOUAF.

[soulsauce] 10/9/2020 08:27

So Pitman's seatbelt reign as CEO consisted of two cheap raisings and another Mou over 11months 🤔👎

[yogaboy] 10/9/2020 07:18

UPL has turned into a real disappointment. I agree Pitman's seat belt comment was very poor judgement, as was the context of a hastily convened conference call with the Twitter group.What now? They really have to bring something, anything, to fruition, otherwise it is sliding into being a lifestyle company for the BOD.

[thejaba] 10/9/2020 07:13

Thank goodness he's gone. He was a complete waste of time. Seat belts on ride he said and then decimated the share price from 2.1p to 0.7pNeeds to be relieved of all duties. BolHassan will be better as they will prob do business with him. SS was so much better than CP. CP basically used this to draw a salary for 12 months.

[stark industries] 06/9/2020 07:15

Good morning Hultiger Hope all is good with yourself.If you get time do take a look in to SYME I decided to sell out here last year and move to SYME as it seems to be a company on its way to a Unicorn.You will find a lot of good posters on there.Have a fab day ahead and apologies if off topic

[soulsauce] 04/9/2020 18:46

Well hopefully the latest one is a good one.

[nlmbidc] 04/9/2020 18:13

You can't beat a good MOU

[soulsauce] 04/9/2020 17:05

Indeed yogaboy. It would be nice to get some proper news that might move the SP, to quote Edmund Blackadder, further than an asthmatic ant carrying some heavy shopping.

[yogaboy] 04/9/2020 16:46

Good spot soulsauce. Fingers crossed that it leads to more than another MOU to add to the portfolio.