Member Info for _Mr_Big

A lot of people asking why the price is going down and imagining all sorts of reasons. Russian oligarchs, illuminati, NN building stakes in the company without filing TR1...
I think the answer to how we ended up in this Mexican standoff is a lot more straightforward.

The Bad:
We know that Market Makers make their money on volumes, regardless of whether the price is going up or down. The higher the volumes, the more they can skim on the spread between bid and ask. With EUA we see that the volumes are rapidly approaching zero, while the buy price is not moving up, regardless of multiple reports of buy attempts being directed to negotiated trades. Why are MMs not letting the price to go up, but rather employ every trick in the book (including deramping dummies) to get people to sell cheap? Even though at first glance, lower trade volumes are reducing their profits? The only answer that I can come up with is that MMs are sitting on a large net short position and their sphincters are twitching violently at the mere thought of the price going up. “But there are no short positions lodged with the FCA” you might say. Well, according to the EU shorting regulations, MMs don’t have to disclose their shorts. Yes, you can read that again – MMs do not have to disclose their shorts if they apply for exemption under Article 17 of the short selling regulations.
Most likely, MMs had to borrow large amounts of shares during the active trading over the last few weeks to provide liquidity and are now forcing the price down to reduce their shorting losses.
The problem the MMs have is that nobody in their right mind is willing to sell EUA shares at 2.5p. Any sells you see are probably more shorts by the MMs.

If in doubt about your EUA shares, pause for a moment and have a good think why you invested into this company.

1) Nobody would de-ramp a good share unless they were to profit from it.
2) De-rampers target your fear. They spread fake news, misinterpret company communications, bring up irrelevant news and facts from several years ago. They don't really know what they are talking about, just spread fear and loathing among genuine shareholders.
3) We are a debt-free, well-funded business with a strong board. One mine already in operation and one mine about to be sold off for a lot more than the company is currently worth.

Good day ahead of us I think.

"as usual at what point in the future never is part of this type of target."

Did anyone get what this botfly is trying to say? =)
Or is it just a bunch of words crammed into a sentence?

Botfly clearly does not understand the concept of NPV.

Just to be devil's advocate, I want to point out that 40moz is for the whole area. We are automatically entitled to 21moz, as I understand. Not that you have used your 40moz in your calculation.

Another set of figures, following a different approach:
First Equity value us at 12.7p, of which WK is ~2.5p (from memory). Make MT 10p.
This includes 20% country risk discount that, just for example, NN won't have. That's 12p over 15 years.
15 years assumption is used for a company our size utilising Sinosteel contract. I don't think that it would be too unreasonable to assume that a major player, just for example, NN, won't mine it out in half of the assumed time, effectively, doubling the NPV to them. Remember, they have facilities down the road from us.
That's a rough fag packet calc of 24p boys and girls.

I'm not sure about your point 3 - I was under the impression that the other mine (WK) is already financed, so not dependent on MT sale.

Dmitry will wear a Santa costume when signing the deal on Christmas day?

Good day today. Volumes are still relatively low and the price is not going down.
A bit of artillery exchange around lunchtime, but no major fighting breaking out.

Remember folks, time is on our side. We just need to hold our position until EUA air-drop another RNS.

Win or lose in the long run, what's the point when you're morally bankrupt?
What's the next step? Selling drugs to schoolkids? That's got to be profitable too.

Chris,

We are currently well funded for our operations next year, but we are in no position to be throwing cash away in form of dividends, unless MT is sold. Distributing this year's WK takings would not be a wise long-term strategy I think.
The fact that we are well-funded already puts us ahead of small exploration companies that have to rely on borrowing or dilution.

NT even on piddly amounts. Mr Knutz ran out of shorted shares it seems.

Ok Troops,

Big day ahead of us. You better buckle up and hold on tight to those shares.

Remember,
They can take our unrealised gains,
But they can't take our end-game profits!!!

He ain't too bright. Hasn't got a clue what he's doing, and has the charisma of an undertaker.

Unfortunately, it looks like he'll be well ahead of the current candidates.

Always high on their smokies, that lot.

Is that a second win since 2000?

Just kidding.

I think that dive will hurt as **** and lead to a mild concussion, but I'll do one too.

Looking at all the green boxes, I've got it right - MMs are ****ting their shorts thinking about their shorts.

At 1.5p I'll load up just for the sake of selling back to shorters at 4p.

Cowabunga dudes!

It's a crime against humanity to make unpaid interns work on a Sunday night.
Poor wee Knutz minions.

The MMs are clearly very upset about having to close their shorts when trading volumes are approaching zero, so there's a fair amount of BSmongering going on right now.
One thing I can't figure out - why do they have their minions ramping and de-ramping at the same time? Did they lose the plot?

All I know, I'm holding on to my retirement tickets until Dmitry seals the deal. Gonna go shoot up with some rocking horse sh.t to calm myself down in the meantime.

Forget CLRN - can its potential match SH.T3? The answer is always "NO"!
Up to you guys, you can get a 5-bagger with EUA or a 20-bagger with SH.T3

Just received reports of our brave leader Tillywhiz being ambushed by knut maggots while out on a reccy. We have suffered no losses yet, but we now know that Knut Overlords have deployed their troops and are mounting a massive attack next week. More and more knut minions are hatching as I am typing this.
Get ready for battle troops, palladium helmets on, protective budgie smugglers ready to be deployed. Remember what your shares are worth and dip your hands in super glue, so no knut maggots can steal your shares away from you. They might try to bribe you with 4, even 6p, but we all know that the shares are worth a lot more.
Hold the fort! Once the knut minions hear the palladium cannons firing, they will run away, ****ing their shorts in fear. And if the worst comes to worst, EUA can always nuke the fockers with another RNS.