Member Info for buried_treasure

Maidit308

Nothing wrong with it being quiet? Errrr..... who was it who said

"Have a strong feeling we will get Update before weekend and that it will be a very positive one for SP activity I have seen a few signal in the past week, that something is on it's way...

and is well over due, considering what is already in public knowledge"

You'd be as well getting granny to read your tea leaves mate.

I hope you'll be here after the inevitable crash and burn spod.

Because I will.

There you go. Spodulike says 5p by April, right on cue.

Don't fall for it. This is uninvestable junk and a shafting is in the post for anyone buying in now.

One look at the chart tells you that was a forward sold bucket shop placing. Value has been taken from mug punters' pockets and transferred to insiders.

That spodulike is happy with that carve up tells you all you need to know about him. He will be madly pumping and encouraging others to buy this junk. Do not fall for it.

This is utterly uninvestable and anyone buying today or holding after this news deserves the inevitable shafting that is in the post.

I believe that if there is 1 tonne of bad news to be priced in, you've had about 1 gram of it so far.

This will keep going all the time there are nutty cottage burners to keep funding it placing after desperate bailout placing, but IMHHO it will never be commercial and will forever be a total misallocation of effort and capital.

1 gram of gold from 1 TONNE of ore.

Is there a more pointless misallocation of human effort, resources and capital anywhere in the whole wide capitalist world?

I reckon the show is already over there. It will do well to recover from that spike and fall back. Plenty of stale traders all the way back up to recent highs will steamroller any new hot air, the relative lack of pump around the Nvidia RNS showed that.

I've posted my opinion on its chat board.

Dustyslay

You asked me elsewhere to comment on this.

The very briefest of due diligence shows this up to be exactly the sort of junk that should not be anywhere near public markets, but exactly the sort of junk that London is sadly becoming renowned for.

It has next to no revenue, next to no cash, an opaque shareholder list , equally opaque debt funders, outstanding warrants creating overhangs up the chart, recent turnover of directors and unexplained spikes and fallbacks in the share price. It justifies its £10M hopium-based market cap by riding the AI wave with very few achievements so far to point to, certainly nothing that will generate cash in the near future, indeed the going concern note in the latest statement suggests it will continue to burn cash at a right old rate. The Nvidia link RNS'd last week is a complete spoof.

This may end up creating value somewhere in future, but I'd be willing to bet a sizeable drawdown from my pension fund that today's equity shareholders will see very little, if any, of that value. You may be able to game it well by trading the peaks and troughs, but that needs clairvoyant timing and there is always the chance of waking up one morning to a 7AM RNS telling you that it will be suspended pending clarification and sadly you've done your dough. You will never sleep well with any sizeable, meaningful investment in here.

In short, for financial masochists only.

Is it already listed? What is the ticker?

"...large number of milestones to report in recent months..."

Sometimes you just have to stand back and applaud the brazen cheek of it all.

This company and its over-promising, utter failure in delivering leadership have achieved absolutely jack all of any consequence in more than a decade while enriching themselves enormously at shareholders' expense, yet thwy want you to believe the problem is they are delivering too much to keep you up to speed with all of it.

"The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, Nineteen Eighty-Four

What a pess take.

"His body language was very relaxed and confident."

Having built up the asset base and pension fund Adams has off the back of mug punters like you lot over the last 10+ years while delivering zero turnover and absolutely nothing of any consequence, I think I'd be both "relaxed" and "confident" too.

The mug stormpiper listens to an Adams interview and believes they now know "all the facts".

Poor lamb.

They'll learn.

"Deadlines slip...."

Like 10 YEARS.

Wake up.

You mugs could have had this RNS any time in the last 10 YEARS and been happy to lap it up.

When are you going to wake up?

Adams continues to play a blinder.

+1 to the "not the RNS we were waiting for" count.

Mr Market doesn't believe a word of it. The lifestyle grift goes on.

No, Silverlight. Technical insolvency is when net current assets are negative. That, according to the Prospectus and the latest accounts, is a matter of public record.

What you describe, an inability to pay debts as they fall due, is ACTUAL insolvency. That may apply too, but your crooked Board just haven't got around to telling you.

Whatever, it's a zero. It just depends how many pumps, dumps and placings you get between now and then.

Meerkat308

With your record predicting prices and events here and with CRML, please PLEASE do not turn your malevolent powers towards geopolitics.

I'm begging you. The world simply cannot take it.

"The MTUP issue isn’t surprising, it just reduces confidence that the legal team reiterated mid Jan that it would be finalised by the end of the month."

Excuse me? They've been promising MTUPs for YEARS. Literally years. Done fundraisings off the back of it and everything. Anyone still trusting these chancers after so many resets is asking for it.

Winnifrith is right though, isn't he? This is a naked promote by some chancers with colourful pasts?