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Every time there’s negativity regarding the company they just put out a post on social media. That’s all it is, a social media post, not rns feed. There’ll be no news regarding sales, the board are full of it and the company is miles behind getting the plant commissioned. 4’s looming, and 10k p/m ages off never mind 20k p/m!
I’m with Rock, I can see this going into the 40’s. I was daft enough to believe the hype and topped up at 115 whilst in profit! The company is only worth what someone will pay, and going off the track record for disposal, MM is over valuing or trying to dictate the forward motion. I’m hoping for 40’s tbh, then I’ll top up. Support is dwindling by the day, and regardless of poster’s sentiment, they are off loading.
The older I get the more I complain. Or maybe age makes people cynical after decades of stocks and shares?
The 10% rise last week or two ago was met with plenty of pom pom waving and rocket emojis. That disappeared quickly as quickly as the traders.
Every rns has included the word “ahead” as if to insinuate ahead of schedule, whereas the reality is it’s 18 months behind.
Still invested, even tempted to average down at this level so I can decrease my target, but can’t see a production level of 10k until at least July.
First sale rns will probably get us to around 7p at very best, then back down to low 5’s. There’s no long term investing now, everyone wants the fast buck!
We’ll never get anywhere as long as the lenders keep selling! They loaned out at 1.65, have sold first quarter at 1.8, and now we’re in the second quarter. Any upward movement will be sold into, and the price will be suppressed until we’re rid of them. I’m now bailing if we reach 1.8 or more (a nice profit from here tbf, but not for me). I’ll jump back on when it inevitably drops again. All imvho.
Rns May 9th…..”expected to commence processing and producing first washed coal next week..”
Going well then? How much are they aiming for? A bucket full?
No rns before cop means they’ve missed a target…again!
Paint it how you want, this company can only ever over promise and under deliver.
I’m expecting another red day. Someone is still selling, which could tell a story we the unwashed are not party to!
All stocks, just like the country are run for the benefit of the boards and institutions, regardless of size.
The problem with most stocks is they are subjected to delays and problems. Can see this coming good eventually, but nobody’s getting excited or has any trust in the board due to history.
Still holding around £8k worth but with a near 8p average and praying this time in a month we’ll be loser to double digits. My only fear is that any rns is already priced in.