Member Info for Glenogle

To me looks more pump and dump, taking advantage of low volumes and low price? Be nice if it wasnt the case, but seems to happen with a lot of shares when they are on their deathbed.

The more I read that the more it says to me, let's get as much cash out of this before we fold.

Hopefully wrong and just being pessimistic, but iog looks and smells like 💩 from an investment point of view these days.

What's gone on today?? Not huge volumes but still a fair drop in price.

What has driven today's sell off and plummet near close? And what makes you confident of a bounce Monday? I expected to see a negative rns when I came here but nothing.

I've topped up previously and not willing to risk any more. I don't have faith in this sorting itself out to lths benefit.

"but we also have the 33rd round assets that’s yet to be announced."

I have the lottery coming up this weekend and a horse in 6.30, results of both are yet to be announced, but I'm confident. Will you continue to pump money into my dwindling betting fund before knowing these outcomes? Of course not.

Can't find it, all I could find was Chris pakem talking about butterflies?

I still hold but never topped up today. My main wonder would be, what the cause of today's fire was. Was it a one off or something we could see happening fairly regularly 🤔, containment measures worked, but then they should. I'm more concerned about how frequently operations could be stopped or disrupted in the future. May top up tomorrow

Anyone worked out or got an idea of revenue over next few months (at current gas prices) vs payouts to service bonds/loans etc. Ie how much cash are they hoping to have left over to put in bank for any future exploration

The use of the word potentially in the fix for the well suggests to me they are not as confident of fixing it anymore. I'd assume bond discussions are factoring in the reduced flow/reduced income.

My uneducated read of it anyway.

Yankee, I "believed" there was potential in modern water back when I made my first purchase of mw. I was convinced that desalination plants were the future and mw would be part of that.

More lately I thought that some of their live water testing would be very popular too, but alas no. Despite the hype I now feel that most of the products dv sell are like farming. The farmer does lots of good work to bring everything together, from calving his cows, feeding them and looking after them etc, but he still only gets pennies for his milk.

Misspenny

I'm sick of averaging down. Despite doing this several times my holding albeit not huge is 93% down. Might be time to consign it to the ex girlfriend pile and think what could have even.

At least I've learnt and will avoid anything associated with gb in the future. I never believed his bs, but did believe there was a place and market for modern waters technologies/services.

No big sales, biggest I seen was for 85k. This will slowly creep up from now on imo

Keith - https://www.savannahresources.com/media/ssnoaoki/savannah-corporate-presentation-may-2023.pdf

Onwards and upwards. Minimum 25-30% rise today surely.

They'll be bought over before they get to that point imo, but who knows.

Too much talk of it going bust and sales volumes being talked about didn't sound that spectacular so I transferred my remain money to savannah. I still like the technology concept and may look at seeing if we can get involved in some concrete trials at work too.

I'm so glad I cut my losses and sold out 2 weeks ago 🤣🤣🤣🤣