Member Info for Ichi

All Buys...

Going Up!

Holding is a pure gamble with all that is currently going on with Sidhara, together with all the unknowns involved in the Accounts Audit.

I think Sidhara have played a blinder with all the boiler room gimps they have employed to post negativity on every message board available.

This has consequently led to the suppressed share price, where I would imagine they have been mopping up.

Outrageous that this has been assisted by a devious BOD that have operated entirely to their own benefit, and not shareholders.

Once this is suspended however, totally possible, and highly likely for them to release news of a counter offer, or confirm a stonking refinance deal.

With nowhere to go, any outstanding shorters would be rightly thrown to the wolves with no possibility of buying back to cover any open shorts.

For my money Risk/Reward has to be in favour of holding for a positive outcome.

Breakout.... :-)

Who are you - the Blog Board Police??

Are only positive posts allowed?

I am being realistic, as I don't like being scammed - and this is a scam - and unfortunately, like many I was scammed!

Where are the figures to support your profitability claims?

In a fair and just environment, that would be the case.

However, this is AIM, and nothing is ever as it first appears..

With the current coal price, the Company is loss making.

They are becoming deeper and deeper into their reliance on Avani to provide funding.

Read the terms and conditions of that funding.

The loans are guaranteed by the assets.

At some point, Avani will stop the gravy train, and call in the debt.

Without expensing a further penny, they will own the whole shooting match, lock, stock and barrel.

Current shareholders will get nothing.

Adam, has milked the proverbial cow until it has squealed.

He will be long gone.

MBU will have achieved their rewards by whatever means necessary,

Neither deserve your consideration or pity

Avani will be the ultimate winners here.

They will take it private.

At some point PI's have to realise they have been puppets in a legal fleecing - with the main protagonists now exiting stage left.....

25% UP!

Gaining steadily for past few sessions.

Is something going on in the background??

Full of clever answers rpg7...

Take you are happy with current situation?

Always something to wait for with this outfit....
#Wait for the additional Permit
#Wait for 4 trains per month
#Wait for 80kt per month
#wait for 8 trains per month
#Wait for the 10p Dividend
#Wait for the 2nd HWM'er
#Wait until we are filling 80% of the ship
#Wait for the new offtake agreement
#Wait for MBU to offload to the II

But all we ever seem top get is excuses, and cringy Sunday Roast BS....

In the meantime the continual background seller offloads 10k, 20k, 50k and 100k chunks on a daily basis.

One can only assume its Iqbal, as this whole scam continues to unfold to clear his debts.

What has happened the 2nd HWM...???????

Was it just a complete fabrication?

Most worrying aspect for me was notification that BEN "confirms that it is not aware of any commercial or operational reason for the share price movement"

What has happened to HWM77??

Commissioning and commencement of mining operations was allegedly imminent....

That would surely have a material bearing on shareprice, and suggests this is now not so!

What BS from Wilson!

The days of 40p+ seem a long way off now.
Seems to be the general price range when a lot bought in, and now find themselves trapped.
The complete BS spouted by Wilson have and consistent seller (I can only assume connection to MBU and Blustar), have killed this for the foreseeable future.
Can't see it getting beyond 40p on any spike, as all those locked in will sell in a heartbeat to get their cash back!

Is no-one allowed to post anything negative without the Blog-Board Police knocking them back in line, DropD?

The performance of BEN and the shareprice is a complete disappointment.
The lack of clear information confirmed by RNS is a major red flag.
I thought the idea of these Boards was for discussion to check if others have any tangible info, negative or positive,and vent the odd frustration?

Chill

5000 tons per week via truck @ 25 tons per truck is 30 trucks per day (7 days per week!)
Is that realistic???

This is going to be amazing!

Hang on...
Thats all everyone has done for the past 20 years!
Acheived diddly squat!!!
Nada!!!
NOT-A-THING!
In 20 years!
Only spike and action has been due to the ill conceived and ludicrous tie up with Tamraz.
It should be a criminal offence to string shareholders along for the sole benefit of Directors luxury lifestyles.

Think we all feel the same RAK.
On paper, it should be a lot higher, and with so much potential - it should be well over 50p!
Classic case of over promising and under delivering by CEO.
It feels like the plan has changes with every update.
The market has lost faith.
We need to see the 2nd HWM on site, and producing.
We need confirmed figures on expenditure, mining costs and sales.
We need more than 2 trains per month!
And finally, we need more off-take agreements.

Until we see these, and with a continued consistent background seller, the price is only going one way unfortunately...

The rounded 10k, 15k,20k have been going on for months Fromage.
I can only assume it is Iqbal selling down his huge holding.
I would assume he was forward selling prior to being able to now sell openly on the market.
Don’t understand why no tr1 holding updates are being published.
This is AIM.
Nothing is ever what it seems or should be!

That all looks great on paper Lincolnshire - but what is creating the weakness at present is uncertainty and empty promises.
Whatever the reason for 2 trains per month - we were promised 4 from Aug/Sept.
We were promised in July the additional Licence in 'a few weeks' - It didn't come until beginning of October.
We have been promised a 2nd leased HWM - Where is it????

The current silence from the mine is deafening!

Facebook pages and cringy Sunday Roast ramps are all well and good, but we need a confirmed plan and timeline in an RNS.