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What do you mean desired reaction?
I posed serious questions to you about CLON's prospects and requested you to justify a 2.5x raise in CLONS market cap.
All I have received in response, is a joke about McDonalds, swearing and a poor attempt at math.
To anyone on the outside looking in, it's pretty clear who the McDonald's employee's here.
Ahh what's the matter inittowinit? Not getting the desired reaction from your little spats? Lol
Pure comedy gold you are. Keep them coming even if it is just for sheer entertainment :)))))
Yet another fine example of the level of intelligence within the ramper hareem!
"I think its more like he cant be bothered to talking to a t**t"
Yet he took the time to respond and address me directly.
*Shaking my head at the caliber of rampers here, it's shocking.*
It further shows no investment case or logical response, has to revert to swearing, sarcasm and toilet humor......embarrassing quite frankly. Truly embarrassing.
You got that right Eagle ;)))
Is that really the best you can come up with when I just laid the figures out for you in black and white?
Well, all that tells me is you have 0 justification or investment case, certainly not a solid 1 anyway.
Really quite sad.
Keep up your little obsession inittowinit, try not to get told off at work for wasting too much time answering back instead of taking the McDonald's drive thru orders lol
Nice wishy washy attempt at a justification there, I particularly liked the comparisons to businesses that have nothing to do with this stock. Fooling no one!
Math isn't your strong point is it? I tried to make it easy for you making it at .1......."let's say we double our shares in issue". Ha, no wonder you guys are down so much......you operate purely on ramp and guesswork.
I appreciate you TRYING to answer all the same though.
A 3mill raise at .1 would see 3 billion more shares, so circa 5.37 billion shares and a market cap of 5.37 million, now, let's consider that CLON was valued at just under 2 million prior to the Sasanof drill. So you feel there is justification for a 2.5x in valuation based on what exactly?
So, at .1 a cap of over 5m, so those who were in at .5 would need to see the cap at 25m to break even.
Best of luck with that, Dave is rubbing is hands together for the next pump, the Aussie investors are chomping at the bit to offload millions worth of confetti onto unsuspecting pi's who don't know math and think this is a buy because the kebab Twitter boys posted a Tweet that included a rocket and the word 'multibagger'.
Oh dear, stock red and selling off on no news, wasn't a hot air, baseless ramp on nothing, people didn't just buy because it was on the top riser board, honestly!!!
"1. How many shares would that see in circulation?"
2. "What would that equivalent market cap then be?"
Let me answer those questions for you me old bean :)))) .......
We have only 2.3Bn shares in issue! Which is very low compared to other AIM listed companies....
Vast almost 1.5Bn and that's AFTER a 100/1 consolidation which would have meant that they had 150Bn shares in issue mainly thanks to the death spiral financing.
UKOG - Nearly 18Bn shares
SYME - 42 Bn shares
COPL - 266M shares (26.6Bn prior to 100/1 consolidation)
88e - 16.6Bn shares with another couple of Bn to land after last week's placing
BOIL - Nearly 14.5Bn shares (SP 0.08 but Mcap about 12M due to sheer number of shares)
These are just a few examples which explains why our Mcap is currently just 1.4M and not 11.4M if we had A LOT more shares at current 0.06 price!
And in answer to your second question it's currently impossible to answer that as news on Ghana or a tie up/JV could land at any time with the Bolivian authorities following long term work by Clontarf to develop and extract Lithium...
So, even if we ended up raising worst case down here (which I doubt given the company's wish to raise at a premium news depending of course) then let's say we doubled our shares in issue to give us funds to progress something, then that would still mean less than 5Bn shares in issue, with funds in hand and hopefully news to propel us back to a more reasonable Mcap than the derisory 1.4M currently.... :))))
I appreciate the sarcasm, very good.
Now if you wouldn't mind explaining to us what blesding, privilage and definately mean please?
Well, you rampers should certainly of figured it out as the company told you what the plan is.
Now, let's consider the implications of a raise at these levels.
Let's be hypothetical for a moment, let's say they manage to raise at a 50% premium to the current price at around the .1 mark.
Let's also suggest if they are drilling Sasanof again that the raise value is circa 3million.
Now, you clever rampers, can anyone of you tell me the following:
1. How many shares would that see in circulation?
2. What would that equivalent market cap then be?
Chitta, Mcadder, Legin, over to you, I look forward to your accurate, informative and realistic responses.
Brilliant
Haha lol :)))
What a privilage and blesding that we have innitowinit as our financial guru.His knowledge an uncanny predictions are such a valuable tool for us dimwit investors .His prediction that we need to raise funds from somewhere be it a placing or jv is so so insightful and poses the question why didnt any of us think of that .Im definately going to watch out for his future posts.What a master this fella is.