Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Isn't it obvious what is going on? A group (MMs, brokers) have acquired a massive number of shares as a result of Art's placings and warrants and have put themselves in a position where they have effectively been able to control any SP movement over the last 12 months. They have then been able to utilise the swings they manufacture and control to make massive sums by selling and buying and spread-betting. They have had a great and profitable time - a major problem is getting them to give up this position and control, but things won't change till they do.
Why post that RNS today? Effectively saying nothing?
See our ****ehawk friend trying to put the boot in again today....anyone confirm what he's saying as a rationale for price being 'certain' to fall to single figures as no desire to pay him to read it? May tie in as support for our resident trolls?
As we all know, actually****e blood-sucking weasel "investors" who have made a fortune forward selling over the last couple of months and can afford to dump below placing price now just to clear out...
Sadly the reality of the cesspit that is the stock market....but fundamentals remain strong!
Thank you YT...so it's complicated, but just wonder if this element might help them to come up with something to salvage here...some of us live in hope!
Does anyone know the position regarding the massive accumulated losses made by Nuog and whether these could still potentially come into play in the event of a new RTO option?
Oh and understand from Telegram that likely no interviews planned! So what does our great leader expect to happen to the SP if no attempt at newsflow to support it? We all know what happens to a share floating dead in the water with no news.....surely something to be said about planned and current improvement works, etc?
Well said! I'm sure a lot of us are frankly disgusted (but not really surprised) by the blatant and illegal activities that have gone on. Placing clearly known in advance to some and obviously presold for some time. Art's buy and its purpose....
Our 'institutional investors'....cough, cough.....now somehow still trying to dump as much as they can at 20p and probably below soon - I wonder how they can afford to do that?
Rotten, rotten business and nobody seems to care or lift a finger. Just us PI's, who still believe in the fundamentals, who get screwed over....
To be fair, Art says nothing about no placing in his RNS statement, more referring to the background to the default and looking positively to the future. The critical things here will be the narrative/rationale if there is a placing - so a full explanation would be imperative. Of course, the benefits of getting CUDA and getting on with the upgrading and upping flow rates are likely to far outweigh any placing figure - just a kick in the nuts at a low price and also not great for his reputation or investor confidence!