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Pants
If all you are looking at is the price today then I seriously wonder if you should be investing, because investing is all about doing your research into what the likelihood is of a company improving its market value and investing accordingly, so to say that everything other than the SP is meaningless is, at best, naive.
Whatever.
I just read prices of Wolframio,number of shifts,short term funding...all meaningless.
ONLY number that matter,at the moment,sucks.
0.31.
Rest just chitchating
Just to be pedantic, you could say 0.31/0.315/0.32, although none of them are good at the moment.
Im only saying that the number that really does matter is 0.31.
The rest is conversation.
GIT,he can't resist imho
Pants
I thought you were selling up ?
0.31
Numbers dont lie
Marklee
The December sales are likely to be in the region of 25 - 30 tons mate.
We are only working one shift and until he announces that we have moved to 24 hour operations, at which point I would expect us to produce apx 100 tons per month we are only likely to get one third of that amount per month, which combined with the fact that we have a short month is why I believe we will only see 25 - 30 tons reported in December.
I think that’s a fair comment. Let’s hope there is a reasonable
uplift in production figures. This is a ramp up over
6 months, so not expecting a massive increase in the
first full month of production. Just a steady increase
will do me. I would be happy with between 30MT to 55MT.
Production figures are the only thing that will shift the shareprice in the right direction. To many false promises and dawns from Mr Masterman. He promised a delivery in December, let’s hope it’s a decent amount.
Dreamingof
“And can anyone, K3, GIT etc explain to me why he was obliged to mention the 2m euro investor when he did, before there was actual confirmation of it. That undoubtedly contributed to the sp being where it is now.”
I cannot explain that. I’m not sure it moved the sp one way or the other, but I’m not fussed.
$20m ebitda coming, as I have posted for many months now. It is many months behind schedule, due to the steel debacle, but at least it’s now in the post.
Dreamy, I gave up watching/listening to the MM roadshow much earlier in the year as they just seemed to be a list of which of his self imposed targets would be missed. In the beginning of August I was stuck in front of the computer immersed in an important exchange of emails. A link to his latest (at the time) roadshow episode popped up on the BB so I had a look only to be insulted with him saying "share holders need to be sensibly patient" I now don't look/listen anymore. Less irritating like that.
Dreaming of, being sanguine is my approach. It seems yours too. It will come good in my view, sometimes it’s about taking the time to look back to see how far we have progressed, we have come a very long way and up a steep hill. Very soon production figures and we can step up to the top. MM said on the podcast that we are producing and we are starting to ramp up. That is good. I agree the way it was done has hit lths in an unexpected way, but Problems along the way that caused the issues are now passed. It’s about looking forward, just wish I was buying now and not when I did. However, I expect I shall do considerably well here regardless of what’s gone before. From a physical standpoint the plant up and running in the time MM got it going from last year to now is rather good/ I accept it wasn’t as e as he said it would be. All looking good now though imho.
Things but doesn’t mean they aren’t MM’s aspirations with plenty of ambiguity thrown in as to timing. Yes we will get there but have given up on any times or dates he provides.
And can anyone, K3, GIT etc explain to me why he was obliged to mention the 2m euro investor when he did, before there was actual confirmation of it. That undoubtedly contributed to the sp being where it is now. It was a rookie mistake on his part and that is why there is distrust, he wasn’t malicious but it set reasonable expectations that he failed to meet, his get out is that there was a need for due diligence, but if there was such a need then why not wait until it had been completed and then announce it. No way could there have been an RNS notification obligation on something that had not been signed off.
Some of you will take the podcast as further proof that everything is going perfectly, others will never be satisfied, I just shrug my shoulders, hold my nose and wait for production figures to hopefully push the sp up, conscious of the fact we are the 11th and with Xmas etc only a relatively few days in the month remaining to get to 24/7 production