Member Info for cjmorley

I think Carpfisher's description of tacet applies equally to Chris2.

Chris2

You are now being stupid.

What's up tacet?

Your ego not been stroked today?

Your numbers look wrong Max

Chris2

Give us some examples of what the BOD could do make the company "toast"

The SP drop was due to the placement.

The decision to do so was entirely down to the BOD.

To have adequate funds to get to production is a requirement . Now, whether that proves to be the right commercial decision we shall see. The jury is still out as they say.

My error .. a non zero probability

Here is a good working definition of 'zero probability'

"An event that has zero probability may be possible or impossible. However, if an event has a nonzero probability, it must be possible that is, it cannot be impossible.

In other words ..... exceptionally unlikely but non the less just possible.

Let us now look at tacet's original post which I pulled him up on.

"To complete the TA update: on the downside, the probability of 0.115p is still high."

Note the absence of the word "zero"

And "probability" coupled with the word "high".

When in a hole, stop digging. Quit the BS.

@tacet

"non-zero probability"

pure tautology. Or one might say Bull sh- t

Well, the subject of approvals can not be avoided at the AGM.

Is anyone who posts on here likely to attend? We need first hand info..

Moonboy

Sell up, and p-ss off

@chris2

" market is totally underwhelmed by the news today."

The news is only confirmation of what was 'baked in' to the SP.

The news which will drive the SP up is permission to mine.

Tacet 13 Sept.. 7 days ago

"To complete the TA update: on the downside, the probability of 0.115p is still high."

This TA 'high probabiliy', sums up how useless as a PREDICTIVE tool TA is.

@stevebt

No.. Price sensitive info must be released such that any interested party has access at the same time via.....

Regulatory News Service (RNS)

@myavian

Why are you here?

Bishop

I thought you had sold up?

Steel demand is of course the main driver of iron ore price. It is reasuring to see steel firming up in China.

"Steel rebar futures rose past CNY 3,825 per tonne in September, the highest since April, as new data from China dimmed concerns of low resource demand from the world’s top steel consumer. Industrial production, retail sales, unemployment, and new yuan loans were better than forecast in August, raising hopes that a series of economic support measures from Beijing could dampen the country’s housing slump and financial contagion worries, improving the outlook for commodity demand. Additionally, JPMorgan noted that steel usage in China shall remain robust through financial concerns for property developers, as high levels of infrastructure building offset the poor confidence in residential sales. In the meantime, the latest data showed that crude steel output in China fell by a sharper-than-expected 4.8% month-on-month in August, also supporting prices."

https://tradingeconomics.com/commodity/steel

Bish

Fortune cookies are developing nicely in Austrailia.

Fe up again

$125.50 +$2.50 2.03%

@Tymers

" Cost many their families future, "

Talk me through the 'substance' of this statement.

How the hell could you or anyone else know this?

Crawl back under your stone.