Member Info for buried_treasure

"No one gives a to55"

And yet here we are F1driver. Me posting and you giving a toss by replying.

Yeah, busy recording pumpety-ramp podcasts with the Sunday Roast parasites.

Delivering?... not so much.

"If your [sic] not a shareholder why are you posting here, trying to convince people to sell is pointless, most people here can see right through posters like you, go troll another company"

Let me re-state why I am here, and why I am on any board I post on.

I have a significant pension fund that needs to keep me in the style to which I have become accustomed over my working life. I am overweight FTSE350 stocks, weighted slightly more towards the 250 than the 100 through various fund holdings and some direct investments.

Put simply, I believe that clean and efficient markets have benefits for all. I do not have a view whether we need more regulation or less, but I would like strong regulation to enforce the rules we do have, so we can judge whether rules should be tighter or looser. At the moment we have hardly any regulation at all. Anything goes. Are you a wrong’un? London Markets need you!

I strongly believe that the London authorities need to get a grip on some of the shenanigans down the stagnant small cap end of the London pond, and throw a few of the worst offenders in chokey for 12 ‘pour encourager les autres’. Then we might see fewer PIs getting shafted on an almost daily basis, and a return to strong flows of inward investment of patient capital from the world’s investors, which again has benefits for all London market participants including me.

So I like to ask straight questions and get straight answers. I like companies and management teams who say what they are going to do, then execute.

In this particular case, if you say “we are fully funded to drill in December 2024" but put out a balance sheet that shows you as technically insolvent and are not drilling 18 months later, I'm going to call that out loud and often. IMHO this is a lifestyle grift for the managers and advisers, nothing more nothing less. If you continue to enable that you are a mug, nothing more nothing less.

I am not here to get a lower entry price. I am not a buyer of where this is going at any price. But if it turns out to be a clean, honest, profitable success story that makes you all rich, I’m happy too.

Peace be with you.

Well Mr Market prices this to never generate a cent of free cash. Good luck if following them in.

"...what evidence presented in today’s RNS is not factual."

I predict the bullishness in today's announcement will end up not being delivered, like all the bullishness in prior announcements have not been delivered.

"Fully funded to drill in December 2024" at the same time as publishing a balance sheet showing the company as technically insolvent! Remember that?

Your company is run by serial bullsheeters.

"It is far easier to fool a man than to convince him he has been fooled." - Mark Twain

This remains, as it has always been, for financial masochists only.

Because it says from "below 10%" to 10.45%.

They are required to disclose when a holding goes through a full percentage point threshold anywhere above 3%.

So that is an increase, but not an exponential one.

You're not reading it correctly.

Calling the debt in and making Recyclus insolvent as a means to take control has so many implications for those behind TM1 it simply ain't gonna happen.

TM1 has to keep funding it if necessary. It has no choice.

Who are these mugs buying at up to 0.55 when there is a WRAP planned for when the funding risk is dealt with at a discount to that?

Utter, utter muggery.

Was it you Troactive?

"...we won't be providing them with any more funding."

Bold statement, that.

If it comes down to providing them with another quarter mill or watching it fall over, I think we know what will happen.

What is TM1 without Recyclus? Answers on a postcard to PKF Littlejohn.

This prospectus is going to be fascinating.

All I'll say is you are nowhere near out of the woods yet. But congratulations on the potential massive dilution I suppose.

How much of daddy's cash is that you've sent to money heaven now?

A long form interview on The Sunday Roast is a big sell signal for me.

Paid promoters like Proactive, Roast, Stockbox and Traders Cafe are parasites on the market. Those who are being paid to promote should be forced to declare it at the start of every interview because then everyone knows it is an opinion that has been bought, not formed independently.

They are takers from the market and add nothing to debate. Just a mouthpiece for poor performers, and in some cases outright wrong'uns. Who pays these grifters? The companies they promote. Who pays for that? The shareholders. YOU, HERE indirectly subsidise this drivel. Some actively amplify it!

Good companies do not need paid promoters to ramp their stocks. Good companies deliver profitable growth and let that do the talking for their share price.

IMHO any stock that pays for Roast PR promotion is an immediate sell and avoid.

For financial masochists only.

A long form interview on The Sunday Roast is a big sell signal for me.

Paid promoters like Proactive, Roast, Stockbox and Traders Cafe are parasites on the market. Those who are being paid to promote should be forced to declare it at the start of every interview because then everyone knows it is an opinion that has been bought, not formed independently.

They are takers from the market and add nothing to debate. Just a mouthpiece for poor performers, and in some cases outright wrong'uns. Who pays these grifters? The companies they promote. Who pays for that? The shareholders. YOU, HERE indirectly subsidise this drivel. Some actively amplify it!

Good companies do not need paid promoters to ramp their stocks. Good companies deliver profitable growth and let that do the talking for their share price.

IMHO any stock that pays for Proactive or Roast PR promotion is an immediate sell and avoid.

For financial masochists only.

Fair play to newsboy, that's an additional thousand words so another tenner earned at the weekend.

Even if it does nearly give you an aneurysm reading it.

And for the umpteenth time, I don't post on stocks I own. I post only on lifestyle grifts and other stocks which are only on public markets for the benefit of their boards and advisers at the expense of ordinary private investors.

If the regulator won't call these out, I will. Clean and efficient public markets have benefits for all legitimate participants.

"let's meet at the FCA"

Ok, weirdo. Let's say 10AM Tuesday at 12 Endeavour Square.

There will be plenty of security around so unaccustomed as I am to meeting random nutjobs off the internet, it will be a little bit safer than the norm.

What name shall I put down for the visitor pass?

"BZT definitely not BS. Seriously undervalued..."

Mr Market smells a rat though B_Positive. If you think you know different, FYB.

For the whole thing? Yeah, possibly. But only if you can find some mug willing to take on the creditors. Otherwise it's an asset (ha ha) only sale and £0 is more likely.

"If anyone doesnt like this stock, just move on."

The naked stock promoter's anthem.

People hanging around pointing out the fundamental truths are not welcome.

The truth being that this is a busted flush that jumped on the BTC Treasury bandwagon but never got to critical mass before the bubble burst. It is now left struggling to pay its bloated lifestyle grift overheads for the board, its only hope being to raise fresh cash from mug PIs for its pivot into gold exploration.

Next stop some more hopium in AI no doubt, or whatever happens to be the ramp du jour next time Big Dave needs to raise to replenish the coffers.

Seen it all before howezap. Tird is a serial billshutter who will promote any old rubbish to the moon (and back) as long as he can keep the lifestyle grift going.

I hope you and the other over-invested mugs will acknowledge you were warned when this all blows up in your faces.