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I would not say only way, the fundamentals remain the same, news on progress on any of several fronts should spark interest.
Yes CB announcing that the mining equipment being delivered probably the only way to reverse the damage done, pretty dumb chumming up to TW thou..this and the statement made by our new employee about Manica ..Colin backing the wrong horses. Projects seem great the people he's getting on board with not so good.
Unfortunately there may now be another dent in the what was slowly being repaired trust. Lets hope the hard rock plant can get shipped assembled sooner rather than later before the second wave of Covid puts yet another spanner in the works. Good news on the hard rock front or maybe the Zambia copper operations will go along way to put TW's wrecking ball antics behind us.
TW is a failed fund manager who now realises he can make a living by getting some to pay him subscription fees. In addition, when you have the audience of a number of people, it is somewhat advantageous to be able to substantially move the SP in any direction with just one comment. As we have seen here.
Of course I am not suggesting that he would ever deliberately do that for his personal gain.....
His big tip this year was BST. Last 10 posts on that BB shows what they thought of him. To be fair to him he did advise people to get out and he also got out. Just not in that order.
https://www.lse.co.uk/ShareChat.asp?ShareTicker=BST&share=Big-Sofa-Technologies-Group-Plc
Sorry about the typos, predictive text/auto incorrect!
Anyone take some notice of TW wants their head looking at! TW is only interested in one thing...TW. He said making plenty out of nerd space who pay to follow his advice which is usually very suspect. People will say “he was right about this, and right about that!” Pure chance, most times he I said wrong about everything. He just want some you to part with your dosh, he just sensationalises everything
I have listened to the TW Bearcast today, he seems to be attacking Novum and Jon Bellis (re Tiger RNS) more than Xtract, he said he has taken profit in Xtract to buy into another company.
TW says that Colin Bird at Xtract was offered debt to tide the company over until Manica comes into production, Bird refused, he then states that because Bird refused the debt he will use Novum again in the future, note he does not say a placing is imminent, even suggests news could propel the share price higher.
TW adds (about Colin Bird) he has had enough of his addiction with discounted bucket shop placings with Novum Securities and seems annoyed that Bird deals with Jon Bellis who he called the "King of the Spivs" he calls clients of Novum "low life gutter dwelling clients from the sewers"
I find the whole matter somewhat hilarious, no mention of the potential $500k a month free cash to Xtract (from Manica) that he was licking his lips over during his Mineprophets event or the $500k+ free cash a month that could come from Zambia late next year, if attained a market value of £40m is possible verses the current £6m.
How does TW know Bird was offered debt, how does TW know Bird refused it? Surely this is price sensitive.
Colin Bird needs to tidy this up ASAP, hopefully via RNS, he said a few days ago he knows no reason for the selling, he cannot be working on a imminent placing therefore. Come on Colin defend your position.
As the company begins to pop back up on peoples radar I imagine there will be lots more of this going on. The sharks will arrive on the BB and it will become plastered with ramps/de-ramps/rhetoric
It's all part of the 'game', stick to your own plan and hold fast me hearties! o/
May be a good buying opportunity tomorrow if the TW followers drive down the SP...
The last two public ‘negative’ comments by TW have come immediately after we have had good news about the borders opening. First re Moz border and now re SA border.
Just saying…..
I’m not too sure what has changed for TW to completely change his view re his recent very bullish comments in the CB interview.
I hope there are no cynics out there suggesting his motivation is to get the price down to add more.
I’m sure he would never do that…….
Sorry Colin enough is enough I am out, by TW.