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One thing for sure, SD and his team are hardened mining industry men, well versed in corporate shenanigans and I have faith that they will protect our asset to the end game.
If Gervaise was still in place we would be open to attack and be sold down the river, of that I have no doubt. To his eternal credit, I believe he saw this coming, knew he would be out of his depth, so fell on his sword to the ultimate benefit of us measly PI's.
So, get your popcorn, a glass of wine, sit back and let our board of Directors do their stuff.
The next 6 months will be life changing.
The gnashing of teeth and collective disappointment of PI's on this BB, at simply getting no news, when no news was promised or scheduled, must be music to JPM's corporate ears.
I mean, who needs trolls and derampers when PI's are perfectly capable of putting the skids under the SP themselves.
It would be laughable if it wasn't so utterly predictable.
Nothing to see here...
The JPM 18m short at 16.5p (averaged sell price was 15.10p) Whether a fund of HNW we don't know. Let's just leave that parked.
The rest are IMO in a we bit of trouble... They just cannot for whatever reason, let it go over 16p. Our analysis ( and yes there are quite a few of us working on this together, for the benefit of all holders) is that the 16p point is the current battleground. Maybe there will be a margin call somewhere just above that..? or real risk of a momentum break out?
MFU - Having decreased from a peak of 53m , on 17th Jan, down to about 38m last week... They have now increased slightly this week, by circa 4m over 3 consecutive days.... But, meanwhile the SP has risen quite nicely.
Today stands at 43.6m .. That's quite a lot to buy back. And I think the reduction from 53m has in part been part of the average SP rise on from 24th January ... we've now seen a double bottom in the chart at 12.9p. And sentiment has turned, or is turning , more positive towards GGP and the gold sector
In my humble opinion, as I say, as outlined in detail a few weeks ago, IMO they still have a bear trapped short much lower around 12-13p and are on a knife edge about what to do... The mini crash on the 24th may have helped them off the hook slightly, as there was a big drop in shorts after this.
BUT If this continues to rise. They will feel even more heat. And IMO they are are trying to exit daily, whilst minimising losses and exposure.
Now CJ. That is analytical content. Read it, or don't read it . Agree or don't agree... listen or ignore.
The choice is yours...
...and our CEO did little to dampen the 20m oz statement.
Slam dunk 20+m...nailed on.
Oh dear.
First League side to use the name 'Manchester' (1894)
First team to gain automatic promotion (1899)
First Manchester team to win the FA Cup (1904)
Won our first major 26 years before Arsenal.
Won our first major trophy 51 years before Chelsea.
Won a major European trophy before Liverpool.
No history.
The kind of days when Summerbee and Best used to go straight to Slack Alice's from training...and sometimes before!
great post @wasred15
My old man, although a dyed in the wool Blue, used to go to City & Utd according to who was at home. I couldn't bring myself to do that, so went to watch Altrincham if they were home when City were away. My first game was a 3-3 home draw with United, Mike Summerbee getting the equaliser late on if memory serves.
You forgot to mention Martin Edwards' dodgy meat and the kit that United borrowed which is where the term "Rags" came from...but that's another story ; )
I also can't pretend to be a fan of all this foreign influx of money into our game, but the Jack Walker days are over I'm afraid, just gotta go with it..
All the best.
007, I simply compared my focus to yours and I was in no way "rude" about it.
Oh the irony 007..
I am focusing on results whereas you're choosing to focus on something that isn't in them.
Sweet dreams x
I bet your a miserable git at funerals 007...
You're such a tease Tymers : )
Nice.
Is it just me, or does anyone else find @magictrades post slightly erotic?
All that talk of plunging anticlines, distal intrusions and reef veins has got me all of a tither..
Oooh Matron.
I can feel another Monty Python moment coming on...
I used to live in a cardboard box in the middle of the motorway...get up...an hour before I went to sleep..
@dip666
We might need to introduce a caveat to include any God/Buddha/High Priest/Allah, for balance.....and for Sycho, who is obviously not the brightest tool in the box.
@Sycho
It's called a sense of humour, you might try getting one eh?
Jeeeez..
SD - "Excuse me Hydro, are you the GGP Peoples Front?"
Hydro - "F**k Off Shaun - We're the Peoples Front of GGP and if you want to join the People's Front of GGP, you have to really hate the shorters".
SD - "I do!"
Hydro - "Oh yeah, how much?"
SD - "A lot! have you not seen my perfectly timed RNS?"
Hydro - "Right, you're in"
Come on @Dip666, get with the programme...
SD is not Santa....
..he's the Messiah.
@wasred15
I've never read a paragraph with more words in brackets.
Left me quite breathless : )
@SAS I wouldn't take too much notice of our old friend mercman, he's been prone to the occasional uber-ramp himself over the years.