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But one would have expected a halt to the slide. it's not as if it's just going to suddenly be worth £1.50 without a buyout. it's just a genuine concern that no news is stopping the slide.
i suspect only revenue will do that and, therefore, get some of that ore sold! i mean, that WAS what the rs was about.
Depends on your outlook, a year ago I had 120k shares, I now have over 250k due to the delays and low share price. The company is still moving forward in its plans of revenue building and expansion so I will be better off in the long run hopefully.
I would say that it's 'patience' that has cost investors 50% this year!
The stock market a device to transfer money from those without patience to those with. Zoom out. That's all folks
I'm actually not underwater by much at all as i've been selling on the stalls. i'm thinking more of the groupthink that refuses to comment on the 50% drop this year.
obviously that SHOULD be a golden opportunity to be adding (though i note that there really isn't much averaging dwon going on?) either everyone already in maxxed themselves earlier or...?
my concern is the people who bought into the plan, and Hannan as a draw at 25p, and the putdown of criticisms, like it's a religion. in fact, most of my postings are a reaction to that, than anything else as i'm looking for a discussion about the current state of play and how that can be supported.
eg. the offtake is heralded but no follow ups. stockpiling rns' in Jan but then 'it's safer in the ground'. trucks, bridge, roads, security staff. minimum agreement but 'they will take all that can be delivered but retecence to deliver as 'better to process in-house, as if there's a limited supply.
i can't see anyone doing anything other than breathing a sigh of relief to see 40,000 tonnes delivered by Decemeber, if only for the optics AND £4million in revenue. What is the negative in that?
Either there's enough in the ground to mine for more than a decade or there isn't. would 40,00 tonnes of stockpiled ore put a dent in the resource? would it look great for the sp? would it damage the plan for in-house processing or would the revenue be welcome for future costs?
this isn't a hope for US grants or ii's buying or a JORC. it's just something that is easily achievable, now, as per the rns.
am i really so thick as to misunderstand why that isn't a positive with zero negatives?
who doesn't want an easy rise back to 25p, just sitting there, and with no distraction from the bigger picture?
Kat
It is obvious you are currently underwater as are many and that is always sad and not why we invest
I don't disagree the appetite right now is way lower than most would think after last months RNS's even share talk are suprised as posted today
Maybe we need, JORC, maybe we need actual sales figures, maybe we need plant purchase agreed, maybe we need US grant, maybe we need dual listing here and USA, maybe we need another MA annouced.maybe we need II's buying
All very possible so I'll be holding
If complaining on every board you are on helps buddy, you do you
Why don’t you contact Russell and ask him these questions?
No company is dissuaded from posting 'their story for all to see' due to some critical postings. you think the market listens to anonymous posters over millionaire BoDs? the story is out there... it's just the market want proof that this is going to work? otherwise, what's the explanation?
yes, several rns' of note but the plant rental/acquisition is non-binding atm and the offtake is a month old, with 2 months to go and there's been no further news. i'm very aware of how many pics were posted of bridge being strengthened and the roads being upgraded, even pics of trucks so circumstantial evidence i there but that was now months ago. only two months left, to my understanding, to deliver 20,000 tonnes? not even sure how much is now stockpiled? the full 20,000 tonnes? more? less? if a pic of a chicken is valid tweeting then trucks loaded with ore should be too?
as for the 'going private' sideswipe, that was just a joke about how noone is bothered at the falling sp, with everyone stating they're in for the end result in 2025 or thereabouts and byers and a rising sp are unimportant to the endgame. but at a 50% discount to the start of the year and even 30% off Hannan's price, that takes more than just forehead-slapping and exclamations of '2024!'.
i've been endlessly called out as ignorant about nascent miners at 25p, 22p, 18p and, now 16.6p. but i'm just not seeing an appetite for buying at a 50% discount? why not?
it's a fair comment to wonder where the support is and how existing news will provide that support to peg the price and even make it rise.
enough with the 'you just don't get it' because, at the moment, neither does the market. you're prvileged to be so confident of the turn around. me, i'm not very used to seeing an sp slide without some concern.
Put off CRTM posting their story for all to see
I'm sorry Kat but you really are pillock sometimes
No interest in charming new investors- My brain is screaming at you-it was you and the likes of you that nearly put CRTM posting their story for all to see. How many positibe RNS's last month? Market just isn't reacting............yet
Go private so the SP doesn't drop- So private companies don't carry a value which directly effects their share holders?
Just stop buddy or sell up mate
And that's how accounts work isn't it? Insert hands in head emoji here
(i josh, obviously, though i didn't think there was any revenue to speak of, to hinder the accounts!)
And it's admirable that the investors are fully behind that plan.
but, as a point of interest, what IS the point of having publicly traded shares if there's no interest in charming the market for new investors?
genuine question. if there's zero interest in the sp (though i note that there was very much interest when it was rising) why not go private and take out the chance for a depreciating share price? And if there's no interest in using the market for future fundraising then why be in it?
As a private company you'd have all the same advantages without the potential drop in value? Then all shareholders are in it for the endpoint and receive all the benefits?
Kat
"there are people who could really, really do with the sp braking and rising"
I'm afraid CRTM isn't focused on individuals' needs because they are currently down, but on what they (the experts) think the best route forward is for everyone
Everywhere you post you get the same feedback buddy, CRTM board, HIVE and here. Russell has made it clear he'll be judged on 31st Dec 2024 so just sell or come back next year
It's only 20k tonnes to be delivered by end of year. the nmarket is just gagging for evidence that there's revenue to be had.
while forecasts and meets give a good indicator of the endpoint there are people who could really, really do with the sp braking and rising
don't really understand the reticence to deliver ore. if they'd been delivered since July, even at a modest 5k tonnes per month, we'd have absolute proof of revenue generation.
as it is, even with an offtake, still no receipts of cash. not saying it's fake,j just saying that there are no buyers soaking up whoever is selling and i can see, without something to boost buys that 15 is within earshot (even witha big spread) and i don't think anyone ever imagined the current sub 17p would be revisited, never mind something lower.
testing times, even if confident it all comes good in 2024.
gla.
Gathering pace now, these interviews certainly getting CRTM on the map.
Potential to hit his £20million EBITA target with what we have today!!! WOW
Another excellent interview and some nice new nuggets of info in it
Https://twitter.com/CriticalMetals_/status/1712702698594672915?t=wnjNY3aJoecFOuoFwOy2kg&s=19
Thanks. can you say what that stock was?
Personally I have only purchased and never sold
I had a target holding I was aiming for and my exit strategy is here until he sells CRTM-If he hits his EBITA target thats huge
Plus, I'm not interested in trading-I don't have the time
I was in another stock with Russell and shortley after investing Russell sold the lot due to the fact they announced they were raising. He was livid and gave the CEO a peice of his mind. If we end up over 90m and personally I think that is certainly an IF. There will be very good reason he'd diluting ours and don't forget his own holding
I i know Fryer has said he won't dilute so just a 'what if' question.)
I recall buyers 'getting in' on the dip from 32 down to 28 and the expectation that the 40 warrants were the target. interested to know why those in up to the hilt never considered trading/selling/buying back over the year? was the expectation of 'significant'news' really anticipated throughout the year?
i've always been cynical about just holding (but then i wasn't in at the beginning nor knew about nor had a previous interest in anything the HNWIs or BoD have been rpeviously involved in). what was it that persuaded almost all retailers to just hold and keep holding? didn't people expect the price to dip? (seriously not trolling. just the sp has been hit quite hard this year). so, was it overenthusiastic buying when Hannan joined in and premium placings or delays and lack of revenue. also, would people accept some dilution in shares if it then meant that trading might push the sp around?
I'm maxed out too
Any average today should see a fabulous return if Russell carries on delivering
I can’t speak for anyone else but I am maxed out and all in, my average used to be 14p, it’s now 18p so I have actually averaged up over the last year with my highest purchase at 28p