Member Info for cindercone

No, I'm totally cynical 😆

Well I'd say to any new investor, be as cynical as possible. Who can honestly say their first few investments were properly researched? You have to learn how to research, which helps negate the requirement for cynicism.

Of course, you still have to continually reappraise, and I'm naturally cynical about everything, but I believe that to be an asset.

I'm still cynical about BMN. For example, BE selling VRFBs to Eskom when it's practically bankrupt. Of course, there will be other avenues, so I'm not exactly demoralised, but I always look for the negative - as I'm sure you've all noticed :)

It's not that people trade the shares, but how they trade the shares. Saying one thing, doing another, lying, trying to manipulate holders. Sold shares are sold shares - short sellers are traders too, but we all agree they're parasites.

I'm not leveling my accusation at anyone in particular, just requesting people not be naive and be careful who they take advice from.

There's an elephant in the room here. Eskom's debt. It's reportedly bigger than South Africa's entire budget for healthcare and education.

No one's saying they can't.

In the meantime, expect some threads to disappear over the next few hours.

The strategy is to fool the herd into believing a pattern exists, thereby day trading the share. Does it work? Only until an RNS or some other factor blows the lid off everything.

If they're lucky it's a win-win. If they're unlucky and sold at the wrong moment, the rise will cancel out their months of manipulation and more some.

That's why, overall I don't believe this type of technical 'analysis' works. If they get lucky and buy and sell at the right moment, they'll convince themselves they're geniuses. When it doesn't work, you'll never hear about it.

It's not that unusual. SPs are often manipulated by to bounce on and off dips. Same principle in action.

So if EWT doesn't work, make it work and keep the myth alive.

Yeah, there's some dark forces operating here. As I said months ago, don't trust anyone's motives.

Need to re-run the Corbine cup.

Forgive me for asking, but isn't the 1 share sell price tantamount to MM shorting?

25 x RNS in last 2 weeks yet LMI SP went nowhere until today.

Over the same RNS trajectory, BMNs price has near doubled.

That would be handy SOTRR.

It's not up to shareholders to come up with ideas, it's what the professionals are paid to do. I was under the impression BMN employed a PR guy a while back - doesn't seem to be doing much.

Surely, the problem is lack of buying not selling. I'd rather it was warrants being shifted than an II selling and it's baffling that we can sit at 27.6p after Sojitz buyout and strike resolution, but I put a lot of the retrace down to lack of PR/investor relations. And when it does turn up, it's relayed on mediums that nobody watches.

Having said that, always good to look at the chart and analyse SP movement over the past two years. We might not be where we want to be right now, but the upward trend tells its own story.

Indeed we do 👍

The World Bank plans to back “transformative” expansion in the technology in emerging markets. The bank said today it would lend $1bn from its own resources and draw in a further $4bn from public and private sector investors, to bring about a fourfold increase in developing countries’ battery storage capacity, according to a report by the Financial Times.

Jim Yong Kim, the World Bank’s president, said it intended to “… send a very strong signal to the battery industry” that there was a significant business opportunity in energy storage in developing countries … I hope we find that person with an idea . . . that could change the world,” the newspaper reported Yong Kim as having said.

https://www.miningmx.com/top-story/34503-bushveld-scales-fresh-heights-amid-world-bank-support-for-battery-storage-technology/

Up 1p, down 1p. What's the point? Making a fool of himself.

I reckon a LTD sold a few million so they could get closer to winning the Corbine Cup.

Someone doesn't want this to hit 30p (yet).

If they are warrants, they wont be endless for long.

Far from being an expert by any means, but it seems like Atlas clearing warrants at an ever-increasingly rapid rate. No other explanation for the sales, as only a pea brain holder would sell now with such positive news flow dropping at any minute.

As with Erongo, clearance of warrants could provide another huge SP boost. This is primed and ready to blow.

I'm under no illusions that this strike is impeding the SP and further strikes would be equally problematic. However, the board have been transparent about the issue and I have faith in them to find a workable solution; hopefully a long-term solution.