Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
They will keep the sp down by shorting and going long, profiting with longs while holding the share price down for as long as they can while only positives like rise in OP, rating, RNS regarding decent profits quarterly/ half year or full year will push this price up, when it gets to certain price they will leave covering the losses from short position because they were averaging up while buying long positions too.
Sorry my mistake, not the bonds it was the loan the Pictet were involved in, so even they shorted at quite low price their going to average up so they cover their losses, but at the same time these sewer rats have long positions too so their milking both ways, so hold short position to keep sp low while keep making huge gains by going long, but it depends upto them how long their going to carry on milking this, but as tlw’s in high debt their going to take advantage till they’ve had enough and decide to move onto their next prey.
Hi all LTH, I don’t normally comment but I read every comment but lovely day to get the highest hurdle out of the way today and only one way for the share price to go as we see the sewer rats in rear view mirror. I can see this >50p next week as today was end of month sell off day and general market slump.
HOLD Extra tight next week as this will rise, GL ALL
Listening to the conference call and mentioning of Uganda sale to be finalised between Uganda government and Total I think Rahul is just buying in time to plan best possible way to turn things around before CMD, his keeping fairly quite on updates even with Ntomme well, and will let the fireworks off simultaneously when everything’s in place, but meantime it’s just patience for all.
GLA
Slift
Won’t it be better if they sold off Côte d’Ivoire as its producing least amount of oil (2,000 bopd), and they will be able to save on Capex aswell, if they get decent offer that could make up the remaining sum to pass the rbl.
The guys who are investing for spike here and there is bit risky atm because you don’t know when the RI price will be announced and WILL drop further.
I lost loads of money in carillon but it was hard to recover the losses as rest of market was trading at normal prices, sorry to say but I do feel for some of you guys that have lost loads of money but guys you still have time to recover the losses as big firms are still 80-120% down from there peaks and will recover 3-4 years time, and I would advise to stay away from PMO instead of risking more, you learn the harder way when you lose a lot.
GLA and best of luck
Hi guys,
I’ve never Invested in here but after reading all of your comments I think this has been planned 2-3 months ago, the share price increased 30-40% more then expected without any solid rns, while the plans were taking place the share holders increased the priced and I’m 90-95% sure they shorted the stock on the way down because they knew the plans and took full advantage, if BOD did not discuss this then I doubt this share price would have gone above 40p.
GLA
We need decent supply from Ntomme in short term to put so many potential investors and holders at ease and to weather the storm.
My plan B is to top-up even more on dips on top of my huge holding. Stay Positive All, Covid is not here for ever.
GLA
With the 0.09% reducing I’m assuming it was the 2 large buys after markets closed yesterday which must have been from Marshall Wace.
With the large buy today it’s either a huge buy from investor or a shorter reducing which we’ll find out tomorrow, imo I would be thinking more of shorter reducing, we’ll find out tomorrow after 4.
GLA
Rock
You hit the nail on the head
These sewer rats will keep milking the SP in short range till they think its time to let it tick up to next range point where they will start repeating the same procedure, it will be a SLINGSHOT affect when they do let go of it, so just hold is best option because nobody knows the day slingshot affect will take place other then sewer rats who are participating.
GLA
Their started shorting their position from just over 50p so once this share price recovers I think they will be first to run, where as key group was first of the shorters so expect them for longer period of time.
GLA
Scrodingerscat
What you just said I think was in Saudi’s mind pre covid, because if the oil goes above $50 a barrel then some shale Oiler’s will continue with their production and hoping for oil to get towards high $50 so their breakeven. In the last 4-6 weeks atleast 40-50 oil rigs packed up because they couldn’t continue below $50pb.
IMHO I won’t mind below $50 till beginning of next year as long as more shale companies have disappeared and then theirs no doubt that brent will be $80-100 some time next year when the demand picks up.
GLA
Nice to see Marshall Wace starting to reduce their short position yesterday, Normally they’ve been increasing over time but looks like tide is turning against them and the rest, with positives building up future will be bright not in short term but long term, but end of next year we wished we had bought more shares, patients will pay off at the end.
As always GLA