Member Info for Cgull

What good news?

Wow! Somebody is taking advantage of this spike to offload a substantial holding.

"The highwaller contractor is on site". Somebody at the time pointed out that this was designed to mislead. The contractor being a person, not the machinery!

From RNS 9th March 2017:
"The immediate priority now that Rosa has become cash flow neutral-to-positive is to accelerate cash flow generation"

The silence is informative and to be trusted more than anything they say.

Bonkers. There is still a way to go down and there isn't any point where this share would be considered value. History and Maths are the keys here. When has any ordinary shareholder ever received a payment of official dividends in all these years? Where has the money all gone? Where are the coal figures?

If it is then the discount to the VWAP for the inevitable placing is going to be enormous. If not forward selling then that must be a big old loss somebody took on that dump. It is an all time low just now. The apologists for the BoD must be starting to wonder if they haven't been Rosa'd right up.

What a marvellous "investment"! Guess what? It is being struck off. The lifestyle continues unabated however.

It will be interesting to see how Stephen et al try to paint this dogs breakfast as a Michelin starred dinner. The horror of opening the carton of cigarettes you bought from a stranger at a motorway service station to find it is a lump of balsa wood cleverly wrapped.

The only reason, as far as I understand it, that RGM is still a going concern is because they have raised money successfully in the past. Who would invest in that madness?

What a crock of 5h i t. It is more about what isn't said. BTW, the board do not recommend a dividend. Jam tomorrow in extremis.

Well, we will not see them posting over the Christmas hols. Not with that much money to ridiculously squander. They will be largeing it up in hotter climes. The RGM dividends every year need to be spent somehow; what with them being clever investors and all that.

It is obvious that were there any good news it would have been shouted from the rooftops during the day by now. It is my opinion that there are going to be some dreadful revelations in the accounts. I wouldn't be surprised if the ultra-carefully scripted promises prove to be a whole load of "Rosa".

"The latest venture with Legacy Hill is proving to be a real success". Almost written by the arch wordsmith himself. Success meaning? Let's have a poll. a) Profits, b) Profits or c) Profits. To shareholders other than the BoD I mean.

No trades. More jollies. Ludicrous.

Will this involve travel and directorships do we think? The option price of 25k or shares at a massive premium has not given the seller a very good deal so far. Unless it is another dud project from the off of course.

Bell quoted on Proactiveinvestors: “Revenues per ton sold are improving and we expect this trend to continue.”

They haven't.

Aug revenues $44.29 per ton. Latest figures $43.06 per ton. Anybody know how much it costs to produce?

Surely nobody thinks this can be anything else by now can they?

Really? The only news will relate to dilution IMHO. Look at the naughty RRR disclosure of a new venture without telling shareholders via RNS at the time. What are we expecting here? I'll wager there will be more confetti issuance in whatever way you want to dress it soon.

Still haven't put in the accounts. No mention anywhere of this amazing opportunity. We are going to need a bigger oubliette.