Member Info for Fitbrokerspal

Cash left for 6 months absolute maximum, and the going concern caveat explains the situation very concisely and is clearly spelling out the reality. As for the product, very very clever stuff but more and more it seems it has little human application and that is where the money is maybe be tradeable at lower levels but really not much to offer.

Buy when others are fearful classic turnaround stock another 10m for me today big players accumulating slowly and cheaply, no institutional selling just amateur pocket money traders moving with the herd

Its coming, the hard work has all been done it costs a fortune to get to the production stage and its a constant fight through red tape the bounce could well be huge and everyone will be jumping on the bandwagon claiming they saw the potential and got in early and the same everyone and their dog will screaming for everyone else to buy

Its going to 0.2 very soon on the cusp of several news items which will bring about the re-rate

All the large trades are buys, pocket money traders being played for buy orders easy 200% for those who can separate emotion and sentiment and apply themselves to making money

£42k buy follow the money

Got to be above nominal MMs and Brokers hoarding cheap shares ready for the easiest money they will make this year

Hearing some individuals are loading expecting easy quick profit unsubstantiated of course as no one can confirm these events. I take position based on these rumours though

Wheres that transformational news? Or is it still kicking the can to the next clever talking jam tomorrow sales pitch and another pocket money director buy? If it was going to happen it would have. Its very clever stuff for the boffins but has limited wider practical application it seems

MAR article 7 applies

Yes i would liken AIM to crypto or the roulette wheel. Traders gamble only

Do people really see an AIM company as a long term investment proposition? A market where up to 90% of the companies fail? This company alone is over 97% down since its inception on AIM its price forecast like most AIM companies is likely to be fractional the AIM snake oil market is for trading only. The recent director buy pattern screams cynical ploy.

So once again a director goes to the market to buy a very small amount of shares and kick the can further down the road. I did say this would happen they are screaming out that they have no revenue generating news. So thats another blank month to come. Pretty safe to say now that no serious news is coming in 2024 as the closed period takes us into the xmas slow down

Finally sell something you’ve been trying to get rid of for years because you couldn’t afford the obligations towards it for 0.001% of it supposed value to someone who also discovered they couldn’t afford the obligations towards it then buy it back for the same pittance and face another 6 month delay in permitting application on top of the current six month suspension in obligations and then realise you still can’t afford the obligations and potentially try to farm out again with same associated delays. Or dilute to oblivion to try and carry it to potential production. People are away of the chronology here? Once again ep145 has been the sole driver of this years price rise yet mosman are back to square one again

Those drills won’t turning on EP145 In 2025 thats for certain the work schedule is quite clear but with another delay to add in now. Plus there is always the chance that NT government take a bit of a dim view of the whole scenario and the issue of where the 10 million+ is going to come from for 2 drills over the next 28 months.

It took 6 months for NT government to amend the licence to GRV last time the completion of which was the sole catalyst to the 700% rise so now on top of the six month suspension of permit obligations due the NT government being in caretaker mode now there will also be a delay due to a further permit amendment. Its just pass the parcel of a debatable asset between to two companies without the money to fulfil the obligations of the permit. Note the multi billion asset changing hands for the price of terrace house in bad area again. As i said many time GRV are in trouble and couldn’t afford the commitments so how are mosman going pay? Lots and lots of dilution thats how.

Anything else is fantasy

Its lucky greenvale got the six month extension to the license obligation other wise they would have been exposed as not having the funds to progress instead it will likely be next year before everyone realises there are no funds for ep145. Incredible that in January greenvale had a market cap 30x that of mosman now mosman is 30% greater than greenvale that spells trouble ahead.

Show the audience an AIM company that doesn’t promise the sun, moon and stars. Follow the price not the sales pitch it might well go on another run but its an AIM company and the longer term failure rate of AIM companies run at over 80% and 99% end up with greater than 95% losses to the ipo price. I might be wrong but this market is what it is everyone convinces themselves their horse is different

Caveats about funds already you would have thought they would have waited until after Xmas to throw in the extraordinary circumstance line. They will raise before June 2025 maybe a lot sooner than that. They know the money is not coming in and the jargon and waffle isn’t persuading anyone but chancers to jump on board. The product is clever toy that may have some applications in veterinary farming and other animal scenarios and will age very quickly imo.

Rainbow chasers successfully spiked will lose 10%+ tomorrow and will be back below 3.5 next week remember there can be no price sensitive news for over 2 weeks lots of time for the crew to move on

All time lows seem inevitable clever waffle and jam tomorrow is no substitute for news of revenue generating contracts when the waffle is forgotten its then still same entity on a pronounced downward trend