George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
'No one really cares what's in the ground really. It's all about cash flows that can be generated and IRR.'
No one cares what is in the ground.
How do you think the cash flow is going to be generated? Does it grow on trees? If so I'm going to sell my shares and start my own company called Eurasia Trees.
'Nobody wants to get rich slowly: that's why most investors lose money (WB)'
State of the market nowadays and EUA has really represented that over the last few months.
The share price goes up by 2-3p, everyone is happy and positive.
The share price goes down by 1.5p, everyone is doom and gloom and begging for news.
How would people cope if they were investing in a company who was actually undertaking the mining process for MT? Would you guys be shouting everyday 'FASTER FASTER FASTER', no, it takes time.
Dont even get me started on The Mad Stork, one of the worst characters Ive ever seen on this BB, right up with Calamity and Parsley.
I don't normally post on ADVFN but decided to reply to that post about DS, wish investors would use their brains and do a bit of research before they post stuff like that.
Parsley just exposed himself for what he really is if he didn't already before, knows absolutely crap all but he comes on here pretending he knows the markets inside out.
Been saying for ages, this guy is just an amatuer who is a failure of a day trader.
Ramps a share when he wants to do, deramps/trolls it when he wants to trade or short it.
For every success story in the market, Parsley has 50 non-success stories to match it and it will keep going.
I just can't wait for people to come on here posting "crap i sold out too early and missed the sale" or "shouldn't have listened to the derampers :(" once the FSP is finalised.
People never learn, the same guys who are deramping are more than likely mopping up the shares some of you are panic selling, then those same individuals will come and gloat that they stole your shares whilst you panicked.
Not really bothered about you derisking , your own choice but it is a little suspect since you mentioned the bedwetters aren't 40% last night, but anyways just specifically on the part you mentioned:
'Strange trading activity around 30p'
It's not strange, its shorter pressure and bored traders deciding to start get playful. A lot of people here are hopeful traders, yesterday exposed the lack of real investors as people started to panic.
People have openly said they are selling at 31-33p and then rebuying at 28-29p, we were stuck at 18-20p for a long time for the same reason because of the placing price but everyone seems to be obsessed with 30p.
"It's that unbearable need to say, I TOLD YOU SO!"
This is my thing though, nothing has changed.
I could understand, if EUA announced it's stood down UBS and DLA Piper and notified the takeover panel that the process is over, or the Takeover panel came and put pressure on EUA to end it or whatever.
We are 7 months strong into a FSP with non-binding offers on the table with talks to progress to a binding offer, do derampers and trolls not use their brain?
A deal is going to happen, what price, what structure, no one knows, but what even a blind man could see is that everyone is going to make some money.
The same people will be crying when their greed resulted in keeping their shorts open too long, I saw someone posted before the market opened today that EUA was exposed and it was a shame that JUB Capital had to suffer for it, and I was laughing so much when the price went straight up into the high 20s.
Deramp all you want, shout and scream all you want, warn people as much as you want, but eventually you will get burnt.
You're back again?
I can't understate the absolute desperation of people like you.
Embarrassing doesn't even hit the surface.
1307, you’ve spent your whole day, whole day trying to convince people.
Don’t you understand by now, EUA investors have seen past people like you for so long, no one cares anymore.
The share price is no where near 21p as we enter the final hours, stop embarrassing yourself, it’s one thing to make a comment or two here and there but you’ve literally spent your WHOLE day on it.
What happened, did you open another short at 14p yesterday and get caught out this morning?
It’s not even about kicking someone when they are down at this point.
Last night exposed the difference between trading and investing, those of you who had conviction in your investment didn’t panic.
Those of you who trade this share on a regular started panicking, calling out Ian, Tilly, Mac, Gecko etc. and feared.
The irony of it all is I bet the trolls and derampers bought at 14-15p laughing at those of you panicking whilst you offloaded.
Do you poor excuses for derampers and shorters really think, that Eurasia for months and months on end can lie to the Takeover panel, UBS, DLA Piper, SP Angel???
Get a life!
And also quite telling how MadStork posted yesterday that he closed some of his short, I’m guessing he felt the issue would be clarified this morning via RNS and took it as the only opportunity he would get.
I love how the real agenda's of people have come out now.
You can see that half of these people who were moaning for weeks were just pure traders trying to make a quick buck.
I'm convinced the BOD will clarify this situation and put it straight, haven't sold a single share and won't be selling either, infact I may be trying to find some cash tonight in order to top up if I can free some up.
And won’t be selling, just have a little faith.
It’s all about the wording, they can’t give too much away in an RNS or the share price would go out of control, but at the same time they can give subtle hints.
Im not expecting an RNS tomorrow, but if it did come I wouldn’t be shocked.
I don't think anyone denies the price is being manipulated.
The problem is PIs keep selling/trading, that's why we aren't moving up, they can't keep maniupulating if you hold tight so they'd eventually have to move it up to entice sellers, clearly at this price range people are still happy to sell loads so I suspect the MMs will keep it at this range.
If this finishes around or just below 30p, looking at the trades that were very close to the full ask and the amounts, it confirms that they spent the day fishing for shares from PIs and filling huge orders.
I was originally thinking huge sells were clearing too, but a lot of people all day have been struggling to buy all day and the price action has been a little weird.
The reason Parsley is here?
Failed day trader who hopped from share to share, the reason he's here is to make up for his losses.
Once the FSP goes through, he'll post in here saying "haha, i was loading up for months whilst trying to scare you out of your shares and it worked".
In August he gloated about shorting, then a month later he gloated about mopping up shares for cheap. One day he's ramping ALBA, next day he's complaining that PIs are wetting themselves on RMS.
Some of you fools forget, we can see your posting history, people like you call out people for ramping whilst you ramp other shares for your day trading ambitions.
'Guardians of the board'
You're living in a fantasty world.
Come to the real world where the markets are for the patient, and the people who make real money are the investors, not the day traders who cry if they are 10% down.
"To summarise: I called out ramping and suggested telling us every day that the deal us imminent isn’t helpful. And just that has caused you to go helter-skelter."
Here we go again with the blanket ramping callout.
Do you mind calling out the individuals that are ramping rather than just blanket calling out ramping, you know, the same way we call out the derampers and shorters as individuals?
How do you know a deal isn't imminent, all you can do in this game is predict based on the facts you have, the deal could be tomorrow, the deal could be 3 months away, someone at some point is going to call it correct.
And how exactly does that constitute ramping? The share price has shown strength at this level so even if a deal isn't imminent, a chance to load up at 28/30p is fantastic for any 'desperate and naive folks' that you claim you are trying to protect.
Honestly, please, learn what ramping actually means and what it constitutes on a share, this is not ramping, this is investing.