Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As day traders exit only way is down. Conference call did not help matters.
CF should move in to politics after this failure. Ability to talk as if his incompetence is great achievement and opportunity for everyone will be appreciated in Westminster.
At least three major leaks before bad news. Market abuse at its finest. FCA take a look at it. What a bunch of fakers sxx is. CF 'the financial guru' the headline act. Tosers.
To me it looks like typical sxx leak where big boys jumps the ship before private investors gets served another **** sandwich. But maybe this time it's different? It never is with sxx, but maybe. We will see in coming days.
Why should tax payers bail out reckless overleveraged gamblers?
10p in by the end of the day. Or am I too cautious?
Great RNS. Warrants will be issued at striking price 25p, 50p, 75p and £1. We are sitting on 6p. Am I being too optimistic thinking that sp could easy be 20p by end of September?
Now there is three options on Amazon to buy MyLotus starter pack for £239, £195 and £149. This should help sales massively. As well there is competition going on ukmoms dot tv with a chance to win MyLotus starter pack. 1.8p is a great entry point.
WeBull app says sxx is suspended.
Day trading rampers caught market makers napping and it resulted in spicked buyers.
I am afraid that very soon wipe out placing at 5p will look like great achievement. But rampers just keep spouting the same nonsense.
I think it was 'game over' rns. If there was something positive to say they would try to spin it. CF have failed to deliver planned outcome on every step. And to not be able flog junk bonds at 13.5% could be final nail in the coffin. Running out of time, running out of money and running out of options. Shareholder value destruction on grand scale. Stakeholders on the other had should be fine. Someone will pick it up for £1.
Some think that this is construction project and it is going very well. Share price is wobbly but as long as digger is digging and there is some cranes lifting stuff they are happy 'investors' who claim that fundamentals are sound. I disagree. Construction is the easy part, hire expert contractors and of you go. This is more like financial engineering project. And it's fundamentals are bad if not fatal. People in charge of it have fck it up big style. Was is by accident or by design, who knows. Equity and bond markets clearly do not believe this is attractive businesses proposition. It is a shame. Blame is 100% on Ceo and board for playing their cards as bad as one could.
I am sure they can do another placing to kick the can down to the new year. Call it stage 2.3 financing. Few months ago they already changed structure of stage 2 financing, what stops them to do it again. Come up with some bullsh it about market conditions and opportunities to look for better deal. Then raise 500m from loyal private investors to keep the show on the road for another 6 months and enough for well earned Christmas bonuses.
Otherwise it is bust, because bonds option have clearly failed.
I would not be surprised if brokers are already working on emergency placing to weather the **** storm genius CF have created. Double the shares issued at 5-7p is my guess. Lack of possitive spin in rns tells you that **** just hit the big fan.
Bailout placing @5p or suspend construction?