Member Info for Finwittrader

Isthisawinner looks like you’ve been spanked here?

Nice 2 million gone through. Looks like JBER did a clear out

“SP is rising” Boom have a 1m bond sale.
That’ll put you back in your box PI

We need good volume days to clear out the minor bond holders.

Trading will kick in later on today or Tuesday morning. No reason for a rise unless there is a clear news announcement.

Arthur has done a good job in sniffing out the asset and also making the deal with both Atomic and Cuda.
Yes the financing has been poor and without doubt his lack of PR savvy and comms have made him subject to ridicule and rightfully so.
It is perfect timing now to do a deal where he moves into a technical role only. Call the title whatever you want but let the business execution move into the hands of the more cultured and let him be a field hound / explorer.
Then it moves from a trading stock to a hold.

Coplhodler is tedious. I’d still like to know a bit more from him about what happened to CawCaw over those ‘images’ on his PC?

Fastfood your back again? When Fish was banned you suddenly disappeared for a while.
Are things starting to look too positive for you?

BRICS nations will encourage lesser economic nations to join their alliance and further decimate the dollar.
At least 20 nations have considered these proposals , Argentina, Malaysia, Mexico and other like minded nations will be attending BRICS summit soon.

Brics nations hold the vast majority of the world gold reserves now whilst the ‘west’ followed a supply side policy.
They’ve also got a major holding of the world’s available mineral rights plus trade agreements within Africa to exploit that too.

The old world has already declined and now US is under massive pressure.

Very tinpot announcement that the company was unable to get a simple and routine piece of administration paperwork completed on time.

Share suspended until completed

So if Operating netback is $3.15 per barrel what is company real value?

It’s the weekend. So unleash the dogs of doom and gloom :)

Just wondering now if Isthisawinner?

Look at JBER. The love it don’t they? Dump all the bh stuff and then demand you buy at a crazy premium

So looks like the bonds have cleared and there’s not too much trading on the sale side. I thought about an in and out but it’s not worth it yet as SP pressure is north still.
It’s looking like a decent hold for now

This will rise if no more bonds are issued. As soon as the RNS hits you know that small bh floods them until they’ve gone.
Some big sells yesterday if lucky they’re clear now or at worst pretty soon. Then you will see the SP rise again on buys

Some hefty sales today once it went back to 5.30

It’s kind of what I thought this morning. Either they’re out of the small bh bonds or they won’t shift them until 5.30 to 5.40 Better to have them cleared

There’s a chance that the small bh clear out from the extra bunce sweetener dried up yesterday. 4m churn and the larger sales were in the morning and little in the afternoon barring standard trades.
So unless the small bh is waiting for for 5.2 sp to clear more off then they are done for now.

Dilution RNS of a draw down CLN for 1 million.
15% discount on 15 days SP average so expect SP to be around 0.27 at end of play