| Latest Forum Topics / Reenova Investment |
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ISR resume trading on March 6
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azzazazza
Member |
29-Sep-2017 21:21
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Appreciate the comment, all I can say is I hope the best is yet to come and that all of us here can be rewarded for our risk taking and patience.
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zillion
Master |
29-Sep-2017 20:40
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China's Golden Week begins. Ct is taking a long break now. | ||||
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HappyInvestor22
Member |
29-Sep-2017 20:00
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Hey! If I may makw your situation any better - I invested at much higher levels - and the reason I invested was CT. Right, the situation seem bleak and everyone is waiting for the next move from ISR. My hunch is that CT is capabl of turning the company around. Don't get me wrong, I am not asking anyone to buy more or you to stay on the same boat with me (as it seems stupid to land yourself in such a high risk situation). Hence, buy if you really believe in it and the benefits shall be yours to reap. It may take months, years or it may never happen. Good luck! I am in with CT :)
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azzazazza
Member |
29-Sep-2017 19:03
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Being an investor at 0.012 price level I thought, small depreciation chance, potential large gain!!!!! Looking back at it now seems like it was a mistake, seriously how is this company meant to get investors to have confidence in it!!! A delayed report, abysmal value furthermore investing HI-REL was somewhat random and all the meanwhile here we are on the forumns just guessing what the next moves are because of lack of transparency from the company. CT must clarify the direction and situation soon before this company becomes irreversibly damaged. |
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Thinkvest
Senior |
29-Sep-2017 12:20
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Thats why it is important to find out if there is any deal and future or they are just dragging to get the last drop out of a failed investment, do further round of conversions and survive to create another story. Think ISR was trying to become a rare earths mining company and now the HI-REL investment news is just not fitting in, add to it the silence of the management indicating complete lack of leadership, is there any regulator in Singapore that can help?
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zillion
Master |
29-Sep-2017 11:35
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do u think he will cut loss? my reply is a response to an earlier chat before mine.
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dyingcat
Veteran |
29-Sep-2017 11:13
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Does it mean you lose confidence in CT? Maybe he is thinking to terminate the agreement. No point to explore due to the low valuation.   The original term of the Original Facility Agreement is due to expire on 28 September 2017 (the " Maturity Date" ), being 12 months from the date of the first drawdown date of 29 September 2016. ISR Global Pte. Ltd. and Tantalum Holding (Mauritius) Ltd have on 28 September 2017 mutually agreed to enter into an Amendment Agreement to, inter alia, extend the Maturity Date of the Original Facility Agreement to 31 March 2018. 
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zillion
Master |
29-Sep-2017 10:57
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wow total silence from CT, must be fuming mad for an unexpected way too low valuation, huge losses, licking wounds ( he is 1 of the 4 who took the private placement at 0.085).   |
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Thinkvest
Senior |
27-Sep-2017 21:31
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Yes, individual investors are not subject matter experts some might have bought the shares believing that new management will bring about a big change. Retail investors have some questions in mind, have things really changed under new management? Does the management have clearly laid out plans for taking this company to the next level?
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Carney
Member |
27-Sep-2017 20:20
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That is a fair point. It should be an easy win for ISR to release a statement on their development plans, or even better hold a conference call with investors to answer questions.  | ||||
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Thinkvest
Senior |
26-Sep-2017 18:17
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Funny to see so many spokesperson of the leader but the leader does not speak himself, think yesterdays buy up was just a safe punt and now wait for next update.Communication to individual investors seems to be last priority, just throw report at individual investors with a big " go figure it out yourself" . | ||||
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zillion
Master |
26-Sep-2017 11:22
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the report mentioned 4 comparable companies-check them out A$0.025 to 0.038 recently. if CT proceeds to start exploration to realise the $b in the ionic clay there will be funds raising exercise (rights issues, exercise convetible bonds, private equity funds).  Need to hear from him of the future plans.  | ||||
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azzazazza
Member |
26-Sep-2017 06:18
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When will we find out how much ionic clay is worth?? and if it worth $b, than how high could we see the share price go??  | ||||
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dyingcat
Veteran |
25-Sep-2017 22:18
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Hope u r not blindly optimistic. Wait n see where CT can get money from to explore the RE mine. I believe he will soon draw $ from rcb again.
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zillion
Master |
25-Sep-2017 21:47
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CT is a mining expert n he has really squeezed a good deal paying at a bargain basement price. That time tantulus is almost bankrupt n to starve off liquidation it pays off its creditors. According to this report it is a 'force sell' situation. This report reflects the appropriate approach. Use of the npv method is frequently used in mining industry but this case it used other methods. Big potential in the ionic clay worth $b.
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HappyInvestor22
Member |
25-Sep-2017 20:43
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Hi. If you follow ISR close enough, the 1st and 2nd valuation was submitted by previous management and the 3rd valuation is submitted by the present management. It' s fair to say that people would expect a drop in the actual valuation but of course, we did not expect such a huge drop. Nevertheless, this is still the preliminary stage for valuation, it should increase as time goes by.
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bernardc
Elite |
25-Sep-2017 20:30
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isr submitted vakuations twice...just see the con now.. previuos n current valuations so far off..definitely a con... no wonder angolim hurriedly sold some of the shares..  
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bernardc
Elite |
25-Sep-2017 20:28
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class action suit...maybe can do that... any lawyers here please advise.
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dyingcat
Veteran |
25-Sep-2017 16:47
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Too bad this is Singapore. Many small investors lost thousands of their hard-earned money because of irresponsible SGX. 
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NextEvolution
Elite |
25-Sep-2017 16:36
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From an initial valuation report of USD 1 billion to a low of USD 48 million, that's more than 95% off the mark.
What a way to tell story to sway innocent retail investors? If in US, can sue the company upside down. |
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