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Morning Acker, was wondering whether you meant that or the rain. Think of equal concern over the MNH situation is the RNS from 18th June has not yet received a follow up. So we have CV19 affecting the port and the usage of the port is largely going to be funded (supposedly) via the off take partner providing two tranches of $300K. Well considering the ore is security for off take and we seem to be having issues reaching the forecast production levels these two situations could well leave the off take partner deciding risk is too high to proceed. If this were to happen we appear to have only one choice, confetti to cover. What joy, would be back to deaths spiral financing or is there sufficient PI interest for a PrimaryBid type offer? Neither of which would do the share price any favours.
Wolf....I speak to people directly involved in CIRCUM . Would not believe a word that GR or Fuad say on the matter.
Acker , why not Wallis bay
Rumblings of Epo , not sure what , but we should hear something soon , long overdue
Don't think under the present circumstances it would be a good move to ship MNH ore through Walvis Bay.
To be honest i would engage with about prem but most don't think he is even invested! He isn't sure either if you read his messages. He is invested,and then he sold out at 13-14,then he has a bit left in,it's just *******s to suit his narrative!
I agree Eddie. Its just boring drivel with no substance. Waste of time reading it.
Moljen-so after advising you were obsessed, you have written going on a thousand more words of prem based drivel. You need to get out mate,this is going to do your health in you boring twit. Most long termers have written off prem or maybe holding out for a couple of bonus rises,so nothing you are saying is clever,necessary,or will have the slightest interest to most of us. When the sp goes up you disappear,not a word. Then you reappear with your other alter egos and id's. Boring beyond incredibly boring,but a bit more boring than that with extra boring on top.
Darlo would have a certain irony to it being a Prem shareholder - great big white elephant of a football stadium built by a George who tuned out to be a bit dodgy with funding if my memory serves me right.
Thought more Darlington... Don't get mixed up with Val's bedsit in Clacton on sea.;-)
Always had Val down as from the South East so you're probably wrong there too. Mind you some would say you should be thankful for that as that'd be sort of smack centre Middlesborough. Suppose could be worse, if you'd said 25 miles you'd be in Sunderland. Actually Prem and Sunderland could have the perfect footy shirt deal, byword for perennial under achievers both likely to achieve SFA and cost a lot of people a lot of money in-between and break a few hearts.
Can't knock you for your negative research Mol... You live 57 miles north of me... Val lives 168 miles south;-)
YNWA - a 50% spike from here makes you good money however can't see one condition which may generate it at this time so trend and trades are taking the price down and actually quite rapidly. Just shot back a few pages to 18th June and its quoted 0.10 so that's 22.5% in what 10 days or so. Another 10 days at same rate is 0.0608 and 10 days later 0.0477. 100% from there to get back to today. Based on external factors and how Prem has been run and it's financial predicament are we likely to see anything by mid July to change the trend?
Not here to knock Prem, simply want to keep making money out of it & for the life of me not one person has come up with a reason why the downward trend won't continue. It's not me that'll take it down there, the market is doing that and for that reason IMO now is not the time to consider buying and if you're going to be needing your money in next month or so be prepared for it being worth half of today's price. A real RNS would change this but again IMO there are only 2 possibilities the first an EPO signing but if you know anything of the current situation in Zim it's teetering on the brink or verifiable figures (both production and financials) from MNH however we all know how well our 1st $1M there panned out in terms of delivery by end 2019. Most things in life are 80:20 so I'm 80% these won't happen and 20% they will. Think the board cluttered by Doggo and the other one would be a less risky buy at the moment especially for anybody seeking an average down from a hefty position.
I agree moljen that long term GR will do one final **** you to investors and take it private, but think there will be a few drops and a few bounces before then. Probably the best way to make money out of prem is to trade it if the past 3 years are anything to go by, but neither side are going to convince the other because one have got their head in the sand and the other seem to be too bitter about the money they have already lost and you can spot it a mile away.
The only time anyone has convinced me on here is when people argued that GR had backed us into a corner and we had no choice but to vote with him to raise the share ceiling and tried to make it into a positive. They made out I didn’t have any other option so that was the point I sold a good amount of my holding at .12ish or something like that before the vote. Still got a decent holding at a similar average to what the price is now so would take a while before I was overly concerned.
Oh Wolf how you must miss the volumes of fiction produced by Xulu and then Tedboy then and how good they made you feel. Shame they were just fiction. Now those were incredible bits of badly undertaken research dressed up to look good and how many people fell for them? Unfortunately not here tomorrow as the weather is more kind so will enjoy a day working outside for my entertainment. I'm sure the rudderless POS will survive without me, however not too sure .0775-.08 will based on todays trades as they've struggled to get sales away today and there's a lot more of them in the pipeline.
Will Acker Mol and cherry be there for the LTH tomorrow... I'm sure they have their best interest at heart.;-)
Mol, if I felt the need for your long renditions I would have given up a long time ago?
YNWA - yes it may fold (think taken private more likely) but these things always drag out with a dying cat bounce somewhere. Think we'd actually need something tangible to see 0.2 in the near future but can see 0.10-0.12 on some fluffy news. All depends what the price sinks to before fluffy news and how the fluff is dressed up , when you're struggling to hold £10M (actually see it's gone now and is £9M) then the likes of £5M aren't too far away. Now £5M up to £13/£14M is a good profit, less than £5M even better so I'm not moaning at all I'm just biding my time and in the interim calling out un-substantiated ramps and blatant misinformation like Friday's closing.
NTUK - ??? share boards are to discuss shares in the hope of gaining some insight into future share movements. Some peoples posts are full of BS and wishful thinking and when it doesn't come to pass they get all uppity against people who questioned it in the first place. It's not my problem that those full of BS and wishful thinking only response is nah nah troll.
We had SK on Friday with it's a positive opening today based on Friday's UT, I called them out on it and was correct - maybe one person after that went and read up on UT's which may place them in good stead next time they are considering to buy or sell. If they have it'll do them a hell of a lot more god than some of the crap advice I've had on here today which largely seems to be throw good money after bad and hoping things will get better.
Yes sometimes you'll get an uncalled for shorting attack against a company but sometimes a company is just a POS with limited options, yes I think the vast majority of this has been self inflicted but that's another discussion for now it's just a POS and I only see the share price going down for reasons given.
Can’t stand all the rampers here who bury their head in the sand and make up wild predictions and I think they should be called out for it when they are trying to mislead people. However what I don’t understand even more is people who think the company will go down and down until it folds, yet they continue to post constantly. Why not just move on to something else and put it down as a lesson learnt?
I am very critical of the company and think GR is nothing but a criminal but I can see a slim chance of this bouncing back up to .2 at some point in the next 6 months. If I didn’t I wouldn’t post and moan about it I would just find a different investment and move on.
Why do you lot get excited whenever the share price goes down ? Why do you spend soo much of your time on these boards if you are not invested? Who are you trying to help ? Instead of the constant day in day out bashing be proactive and email GR and tell him how you feel and what he needs to do.
Cherry, I have limited access regards Circum... feedback is definitely conflicting regards your opinion though.
The share price is dropping like a stone due to hopeless management and useless assets in this company. There will be no IPO in CIRCUM this year either and the PREM stake will be seriously diluted before then and GR will have no say in the matter.
Strange how your name crops up every time the sp drops... Cherry!!!
Well Wolf I can at least tell you for certain that there will not be an IPO for Circum in 2020 like that dimwit chum of yours. GR has also been made aware of these rampastic predictions which have done nothing to help the share price. Happy to be running great positions in lithium and gold plays on the ASX.
Pity you never sold when woodpecker was around... It would have saved all that angst along with cherry and Acker.