Member Info for ben1093w1

Have a browse back of the RNS, similar pumpy RNS every single time a few days before a placing

How can you say that when you have absolutely zero idea how much the shipment is worth?

The GM also had a very good indication that they will place again aswell. Depends how you things doesn't it

Yeah where do you think debt went? Just refinanced to a bullet payment with their main asset as collateral rather than death spiral share issues

I don't think it is a stretch to presume the "issues with shipping" are the fact they aren't producing enough to meet the offtake agreement so they simply aren't booking the containers and boats to take it. Sounds like a blame shift onto lack of transport when the real issue was lack of ore to make it a full shipment. Just imo

Why would you not be bearish on a company that literally does not have cashflow to pay their day to day bills if a single shipment is delayed?

I am invested here but I'm not going to avoid calling a dog a dog because I own a dog.

Beating Q2 is not exceeding expectations.... The expectations were probably X2 production is what most were ramping, in reality it's going to be nowhere close

Apart from they have said pretty much the exact opposite. The ramp up was delayed which they confirmed from the last RNS so how do you expect them to beat expectations when the expectations were that they would have been ramped up production nearly a month earlier than it actually was?

Genuine question, what mega good news are you expecting?

We already know they haven't hit the targets they wanted so while it may be better than Q2 it still ain't going to be profit making.
The sale of the delayed shipment also isn't mega news

I have punt shares at 0.8 and i consider them gone lol

They agreed months ago they would not report on individual concentrate sales, what makes you think they would announce this one? Besides probably payment terms from 30 days after delivery, aka up a creek with no paddle

40% down in the last month says it all

Keep posting it, someone might believe it at some point

Because the future is not certain, that 600k raise just floats the company for a few weeks, no cash reserves to absorb another delay in the future, no cash reserve for the bullet payment next year. Definitely not plain sailing

Shameful podcast, sounds like his has zero confidence in the company and its current position and in a roundabout way show the company is barely making it from shipment to shipment. No explanation why the rampup started later in to Q3 either

The flags are there that they are deliberately avoid directly confirming the amount of concentrate mined in any given month and how much they are actually getting for the concentrate. Probably bent over the barrel for crap offtake agreement so they play nice with VAST

When did we start selling concrete

I need 0.80p to break even on a small punt and I'm not even bothering, win some you lose some

A company where one shipment is delayed so they need to raise lol

I think the next quarterly update will either make or break this share. It's setup as the point in time that the company is either making money and can sure up their position to refinance the bullet payment for next year with a viable business plan that isn't making a loss.
Or it comes out that they are still working at a loss with poor grades and 2 brand new drills that made no difference at all.
Time will tell.