Member Info for Ilovesushi

Looks like it has turned. Shorts closing will immediately force it all the way back up. Could turn very sharply. And fast

EARLOFAIM

If you are going to cross promote your share on other shares that your bashing make sure it is a good one. You have promoted this share on CPX. You have stated that share should fall. And you promote this one. Anyone following your advice could be around about 20% down already. Right?

History of failure in this company and you promote it? Damn. I was lucky I had a stint here years back and sold at 3.0 p. Still do not see value here. Its a lifestyle company that keeps Mr Bell in over-generous salary that has milked every single investor dry. AVOID

The remaining hump will follow into administration shortly. There is no value remaining in the shares. They may try to get a fundraise away. If and when that fails the company will be wound up. Looks cheap but will get cheaper. Suspension is coming.

Just days to go for TD.

2-3 days for TD

Should bounce and bounce big.

Question now is, is the placee forward selling again?

Dr Graham is certainly getting things moving. However.

More research equals more costs and that means it needs more money which it does not have enough of. This will not see it through to profitability which could be as far away as year 25-26.

It will almost certainly now need another placing. Not if but when and what price.

This will take cash and as cash is short I have one worry that can be solved only by a further placing. Further research = more = more staff and more expenses. Only solved by placings.

Https://www.londonstockexchange.com/news-article/RIO/conditions-on-simandou-investment-now-satisfied/16569434

Up 17% but will climb more on the next RNS

EarlofAIM

"They need to add value by doing exploration and finding good grades etc".

Why are you in RRR they have never done such a thing. Now what has the share price always gone down do you think? I remember selling these at 3 Pence and that was in old money. Don't give me a lecture please. That company you said never made profits gave me close now to £50,000 in profits. If I was in here I would have lost that. Many have.

This company Made No profits since it's inception.

wait when you see the revenue vs Mcap

50%/drop easy......

Forward selling?

The company will soon put resolutions to share holders in an GM for authority to issue more shares. Of course they cannot issue shares for less than 0.10p. So they will do a capitol reorganisation. Consolidation and cancelling some shares. Fact. So its another rinse and repeat. So how long will shareholders continue to vote for these authorities? 75% down from the last consolidation. You can only expect the same next time if your foolish enough to give the company further authority to issue shares. Turkeys voting for Christmas. Why are you all so surprised by this dilution? You voted for it. Now who is topping up thinking these are cheap?

Then it will also have to do a capital reorganisation and consolidation. You know what that means. Rinse and Repeat and people always fall for it. Who will vote yes next time. If you vote yes, do not complain about the next dilution that surely must come.

Wait for the next GM when they ask for authority to issue more shares. If you agree to that you know what to expect soon after? 100% wipe out for all investors. That is for those who are not wipe out yet. AVOID.

Agreement of a GSA with Singapore, is just a mere days away. Then possible news of a sell down. Still believe the value of this deal for EME is several times its market cap. This could really fly in an instant.

Drill completion this week. Just completion and it jumped big. TD days away. Good entry for a nice bounce back to 30 pence plus.

Profit will come but I am worried that they will need another placing to get there.

And I am sure there will be other placings.