Whether you want to believe that or not. Shares can progress even when shorted. The base-line is that if and when sufficient prospective buyers see sufficient profit, the price will rise.
And though I’ve no reason to say it will be the case, their findings and a new mining plan may require an increase in funding. It is a developing situation, with matters potentially subject to change.
I expect they’re like the rest of us, unable/unwilling to commit to a firm time frame that may not be met and cause critical comment, delays and all that stuff. As we have it seemingly allows for latitude for practical/reporting purposes. And the findings will need reporting to the banks to support their letter of debt commitment, so they must get things right.
napthman1 Posted in: GGP Posts: 7,049 Price: 7.90 No Opinion RE: Latest Ownership Breakdown21 Dec 2022 20:50 Because they are still buying and until they ate done buying they dont have to issue the TR1's but i guess thats your point spades
You don’t give investors much credit. You posted the other day that transparency regs permit ‘no notification whilst still buying.” I asked for the exemption to the regs. You never came back. Can you put it up?
I mean, the notion that Ggp’s share price and to some extent future lies in the hands of posters, who want to, for example, discuss Elizabeth Gaines’ qualifications, is really quite ludicrous.
‘Chump shorters’ putting a few just less than enthusiastic posts on a bb, whilst shorting a company they know is ‘about to fly’ . Doesn’t make much sense, does it?
You know, taking into account what’s already riding on this taking into account the amount he’s already got at stake through his personal holdings in the now private Mxc Capital - the Smith and Wheeler partnership.
Mxc can logically only come out of this by sale of the company - they have made it clear they intend to sell all their assets, to close themselves down. Taking his buys at face value, as I do, clearly aligns pi’s here with Mxc plans - something I had reservations about prior to his buying. Wouldn’t be surprised by anything here though - but the signs are so much better now.