RE: What is Lenigas, Founder of REM plc doing these days?16 May 2021 12:48
P.S
So pleased for all the REM^ers who got into REM plc at 0.9p or 1p per their own words posted on KDNC [new name for REM plc]. Pleased for you Barksy1 and all your family and friends that invested in REM plc - Mr Lenigas and board of REM - KDNC did not let REM^ers down -one*s faith in good people is restored. However, from today onwards, NO ONE WILL BE ABLE TO CONTROL the iron ore market and what the next 14 years++ [Amapa iron ore mine once commissioned + extra 24 mths to ship the iron ore stockpile+24 mths to re-commission ] will potend. Forecasts give a clue but it will NOT go out as far as 14+4 yrs to come. Usually, the forecasts are on a shorter time frame.
I have been a few years posting on the London South East forums but I now find it too
tedious to continue as its the naysayers that have a too negative view and on the other side too optimistic. LIFE TELLS US THAT IN BUSINESS, THERE IS SUCH A THING AS COMMERCIAL REALITY. It is this MIS-PRICING MODEL THAT IS IMPORTANT - what is the CORRECT SITUATION OF THE BIZ, HOW MUCH IS THE FAIR VALUE ETC vs the share price and MKT CAP.
I am thinking of taking my leave from posting on the forums to take a break to renew my batteries. The LOCKDOWN PERIOD WILL BE OVER SHORTLY ie May 17, 2021 and given it is SUMMER, I think its time to enjoy the wonderful weather and the joys of summer.
So, if you do check and find that I am not posting, its due to my taking a break. As such, I have also pared down on my investments so that I do not have to do continuous research and keep an eye out for every news and development micro or macro.
With that, thank you and best wishes to all.
News,
Sun, 16 May 2021 @11:55am.