Member Info for Dan1605

Imagine how the guy who's just taken 29m shares at 1.10 feels.

Placing aside, this price action seems fishy and it's not on the back of another placing imo. MM are dropping it on fumes.

I've looked at investing here as the potential could be significant, it's one of the those stocks that can quickly pull you into the story and carry you along for years. I've been investing for far too long and can count on on hand how many companies have gone from minnow to major without diluting shareholders to oblivion. The brand is well received and the distribution network they've created should hold some decent value however the recent RNS regarding funding was a big red flag. As other posters have stated, this will need significant investment until they're at a point of generating sufficient cash, having to stop production because they're skint is unbelievable and raising enough cash to last only a few months suggests the brokers wanted it at much lower price, hence the recent RNS. The potential is there but the guy leading it needs to go, this is PLC, not a corner shop.

I've nothing to elaborate Mental, the reason just doesn't sit right. As a Director I suspect he'll contribute very little towards the corporate stuff so why lose the title? Why volunteer to lose the title?

I don't buy the "A J needs to concentrate on his operational duties" line. I've had this discussion with a fellow investor and a few Zoom calls a year towards his Directorship won't save him much time. Maybe I'm reading too much into it but there's more to that change imo.

Poor day but considering how much this has risen and the number of warrants outstanding it's no suprise.

So Nick is heading out to Oz as per this mornings Tweet, not a journey you make if it can be done over Zoom. The meetings with asset related parties sounds very intriguing.

We're in a lull at the moment whilst we wait for the assays, perhaps Nick could give the labs a kick whilst over there.

"It makes more sense to me to concentrate on one area rather than spread yourself thinly"

That is exactly what most of us have been saying for years, CB was guilty of this scattergun approach. Stick multiple holes in the ground in different areas and you might hit the jackpot. The problem is it's this strategy is based on chance.

Sounds like you have a serious axe to grind with the Twitterati. It's not difficult to work out who you are. Most of us are here because of the failings and incompetence of previous management and not because Bel and Blowster are giving it a pump on Twitter, so save yourself a job.

The only issue are the warrants which are being converted and sold. This is short term legacy issue which will soon pass, unfortunate but all part of the game.

Well that aged well...

Whilst interviews are always welcome this is going to need good results to take it over 0.30p, flannel will only take it so far. This will be traded in the meantime, hopefully it's won't dip below 0.24 and hold the current range. Let's be having those assays!

You must be a barrel of laughs to live with.

Well, questions will need to be asked if a RNS does drop and it's bad news.

There is a $3m debt facility to draw down.

just pointing out an obvious discrepancy in your 13.44 post.

as for ramping old chap, the more you talk the further this moves up. keep chatting ****e.

"Incidentally, see my post of 18 October 23 @ 14:31 - when I made my 0.19's buy:

'Well the buy price just dropped to 0.1994p to buy - so I decided to have a small top-up. Given the volatility here I regard just as likely to fall further as rise - I accept in the absence of 'the plan' I'm buying somewhat blind (it's a gamble) - hence not a big commitment. GL'"

You've told that many lies you've lost all sense of reality.

I've not read this board form some time JD due to the daily drivel but several whom have no vested interest. I've popped back on today to see the same accounts posting the same tripe, some of these are multi I.D's ticking up each other's posts. Interesting now to see BP (having changed his name) peddling the same nonsense. To his own admittance was trading this share back in the Spring, I guess he got caught with his pants down.

"financing is "likely better" and gives them breathing space, but it is still a pile of debt to replace a pile of debt, with a little left over !" This is what refinancing is BP, you pay one debt with another at a better rate. You borrow a little as possible to keep the interest down - you know this, right? Of course you do!

It was only a few months ago Legal said we would be hanging around the placing place due to a lack of news, he was hoping for a cheap entry at the time. Drilling in Q1 he said so I wouldn't go taking his word as Gospel.