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1sttimelucky
Alex has already explained it in detail on his twitter and some of it here. If you need to know further you can dyor.
STOP LOSS
Not a good idea on AIM. MMs will come down to take them cheap. I only use stops when i trade on US stocks.
1sttimelucky
Russian mining laws are excellent.
Proof?
Look at some of the biggest mining companies in the world - Happly operating there and making more profit in Russia than ANYWHERE in the world. This is a fact. Look it up.
Even Dimitry said they make a loss all over the world and make it up with tons of profit in Russia.
Don't forget, it costs some 60% less money in Russia than anywhere else in the world. One of the main reason EUA is in high demand with multiple parties going for it.
A1EX
Fantastic put down.....
that's the reason detailed resource update has not been given here.
Excellent work on twitter....i know we've had our battles during suspension but i appreciate the in-depth research you provide. Your contributions have been awesome.
TILLY - got to also say you've done a fantastic job since i called you a one......:) keep it up!
MM's have done their job. Some ii's are loading up. And here we go again. I am so glad I topped up! The sale is soooo close!!!
1st time lucky.
Have you looked into the Russian Laws surrounding PGMs? Probably not.
Next leg up
let’s see if we can get into the 30s by tomorrow & replenish all investors losses .
Rums all Round
Today and the next few days were always going to be rocky after yesterday's events, but ultimately nothing has actually changed as affirmed by BOD this morning.
Starbuck is another know all on absoloutely nothing who buys into failures ie; SNT
Hows that going for you numb nuts?
Cheers for the updates Tilly - Had to go out to buy somemore bottles of Kraken to smooth me nerves!
@Starbucks - what you say makes no sense.
- Why would UBS and DLA Piper be managing the FSP?
- Why would the board issue an RNS to say multiple non-binding offers have been made?
- Why have huge and small institutions been buying up shares at 29-31p?
looks to be bouncing up from aug 2020 support
A1ex, good to see you post on here mate, keep up the good work
ATB, Pete
A PERFECT EXAMPLE OF UN-RESEARCHED FROM THIS 'starbuck'....
It doesn't take much research into Russian Mining Laws to establish why resource figures have not been quoted. This isn't due to lack of, it's because the amount has clearly passed a threshold well in excess of the 2m.oz mark.
All discussed in the telegram group.
These prices are an absolute gift. Only takes one bit of news and we'll go parabolic.
Dug some more doubloons out from the back of the kitchen cupboard for a final, final top-up. It's nudged the old average above 2p for the first time, but I can live with that. Wish I'd had the foresight to do it at 4.28pm yesterday, but hey ho. Holding long and strong. We've come this far - getting on for two years for me - so a few more hours, days or weeks is nothing.
Starbucks, how very kind of you to want to save investors from making big mistakes. Don’t you think that the average investor has the intelligence to work things out for themselves? What are you the Messiah or something, have I missed the second coming? Why don’t you bugger off and bother someone else’s board, nerves are raw enough on here as it is without the likes of you
tombi - my thoughts too - they will know what they potentially have to gain.
Hi JT Tilly Mac GLG and all
It was very toxic yesterday so did not look after about 4.45 and thought what will be will be
As I posted earlier the assets are still in the ground and the fundamentals of why we invested here are still the same so did not sell a bean and will wait till the end it’s life changing
I understand that some people got burnt yesterday been there done that and feel sorry for the genuine Pi’s but they have learnt the lesson now
As usual GLTA
Who in the right mind thinks they paid £8 million on a whim or had no idea what return they would at least expect , farcical to say other wise , they are not a small institution buying on hunches
Starbuck-' The Nomad walked because of similar reasons , because the company had no evidence to support its sale . Yes they might have put it up for sale . However did you read the RNS , There can be no guarantee that a sale will complete or for what value '.
You wish to re read today's RNS. That caveat has been removed ;)
Antelope, I’m certain I would be extremely upset if I’d just taken somewhere in the region of £9 million pounds off the table. He’s not upset he given the bod two fingers and he knows it. Presumably it’s a bit of you don’t want me advising you, well take this. Sour grapes is what it is. My opinion of course.
ATB, Pete
If he had sold and it had been in dribs and drabs to us small investors it may be seen as a negative, but a top Russian Investment Company pays 29p. This has actually made a sale even more likely in my opinion.
Topping up below 29p
It's fine.
The amount of rubbish posted here is unbelievable.
I am just hoping I can make a few see sense.
Go research sale of assets not to Jorc regulations.
Trying to save a few before it's too late .
after yesterday's shenanigans suspension would do us well until update on FSP
Starbuck911, are you thick? I don’t usually insult posters on here but a Russian Investment company has just bought the 27m shares for 29p each. Do you not think they’d be wanting a return?
I'm sure Churakov is as ****ed off as anyone about the decline in value of his remaining huge holding. The guy may have behaved like a fool but really.. for the share price to be now 24p when a reputable insti just bought 27 million for 29p? All the little bed wetting sheeple with no minds of their own.