Member Info for JezTheFez

I also think it's about time that Christian comes out of his hiding place and addresses the PI's here. Instead, he chooses to let Dimitry conduct the interviews. Nothing against Dimitry, but when a company is doing well, share price wise, you kind of want to see the CEO's smile and know that we're all moving in the right direction and have the reassurance that things are looking great. The last two days has seen some pretty weird RNS's in all honesty that has spooked the market somewhat. Some say that it was intentional and others choose to brush their content off and put on a brave face despite looking at a share price that has dropped around 1p since those two RNS's landed. Now the MM's have gained back control and have some stock to play with - and naturally it seems to be at the expense of the hardworking PI. The way in which those stop losses were scooped-up was disgusting and hence why I never set stop losses and don't have any intention to do so going forward either. The MM's can see it on the books and should they need to, they will come after them. That includes the ones which I suspect have been set-up sub 2.50p and even sub 2p.

Jippy,
How can it be "corruption" if you are purported to be sitting on a shed load of paper profit? It's only "corruption" if you allow yourself to stare at your phone or computer screen and watch you hard earned money dwindle away without hitting the 'sell' button. The other day, when I warned you not to get too greedy and to top slice, you shunned me and went of to hang-up a few wonky blinds.

The point is, I think some of you on this bb would be quite prepared to watch the share price fall down to where your share price average resides I the hope that the share price will rocket northwards when it reality it may not. Be careful what you wish for on AIM. You may be another PI that ends up with a share price average in the red if you're not too careful.

I admit, I panic sold last week but at least I had derisked my investment enough so as not to lose too much of my overall profit. If I want to buy back in again then I can, but I don't think now is the right time. I have already given a steer on when I think a potential "deal" may be completed and others agreed with me. There was nobody who disagreed with me.

I'm also surprised there was never a RNS last Friday or even yesterday or Monday that made reference to the fact that all warrants have been exercised. Maybe that's because all warrants haven't been exercised and they have found some additional ones that they have maybe conveniently forgotten about? The other week, somebody on here commented that the 0.6p warrants had been exercised (however, still to receive confirmatory RNS) but there were a number of 0.1p warrants that are still outstanding. Now, I'm unsure as to whether or not this is accurate, but it's probably worthwhile one of you good people checking. That could explain why no RNS has yet landed re: the warrants being exercised from last week. Don't be surprised if they start dropping some more warrants RNS's in the near future, which could be the 0.1p ones. Just a thought.....

I won' t bother you again this morning. Just don't watch your paper profits dwindle away. All IMHO.

Jezza

Mac - true, but highly likely they will 100% retain WK and look to further develop it and try and get the maximum value from it. Hence that is why all of the additional equipment and heavy machinery has been discussed / procured at subsidiary level, as stated in the RNS. And....the new offices are located within a stone's throw from the WK mine.

It's now just a waiting game, MFU. Nobody really knows how long any potential "deal" will take if one comes our way at all, which I would be highly surprised if one didn't. I'm estimating Spring 2020 but they'd still need to be going at some pace to achieve that with all of the various processes they'd need to go through to reach final signature and shareholder approval (if required). All IMHO. That is why I am going to hold fire at the moment and see what happens to the share price in the interim. If I miss the boat then no worries. It'll be my fault and nobody else's.

Actually on closer inspection it was 3.16p and not 2.77p. The price must have been on the way up when I hit the 'sell' button! Still....nothing to write home about though. I was shafted. I'm staying away now. Just wanted to say what I said in reply to Elenor. By the way...hi Elenor! Hope you are well.

#maythefezbewithyou

We all recall the other mammoth drop we had following-on from Dimitry's interview when certain phrases or words were misconstrued. The price went from circa 4p down to circa 2p if I recall. I seem to think it could have been due to him saying that they won't be rushed or rushing into a deal. There was no timescale hinted on either and so I guess people panicked because their expectation was that a potential deal could take place this side of Christmas. I mentioned timescale in some of my posts over the weekend and described it as the "unknown entity." Timescale for a potential deal is one of the only factors that could affect the share price in the interim, assuming a deal isn't done in weeks, rather than months. However, these things usually take time and I'm not saying a deal won't eventually be done. It may come out of the blue and surprise a lot of people. We just don't know.

What bugged me about the RNS was the timing of it. Why drop that RNS now when the share price was showing sings of growth and stability? Why drop that RNS when words to that effect have already been mentioned in a previous RNS? Why drop that RNS before releasing the Zak Mir interview? As I have said a couple of times tonight, I think it was ill thought through and a lot of investors got shafted today, including myself. Just when I was learning to trust the BOD again and praising them on their good comms. They let themselves down and have the audacity to say they were surprised by the market reaction to it. Are they really that insensitive to think that some people would panic sell and worse still, have their stop losses wiped-out from underneath their feet? Brutal and uncalled for and I don't know whether or not at this stage, I want back in. It has left a bitter taste in my mush and it wasn't the glass of Malbec that I had tonight to calm my nerves. Tomorrow is another day. GLA.

We are feeling mugged off. I'm livid and very unimpressed with whoever's decision it was to drop that RNS on us today. Talk about how to lose trust. Treat PI's like that and people will think twice about investing here as I now am. Right now I will sit it out and see what happens over the next few months. It'll be nice to have a clear head again after living and breathing EUA these past few weeks. Before then, I rarely bothered looking in to see what was happening because nothing really did.

Nutty - try saying that to the hundreds of people who also hit the 'sell' button and / or had their stop losses taken out before they even had time to check their computers / phones. Today was brutal and in all honesty none of us foresaw that RNS landing today. When I saw the share price sitting at I think 2.77p with an average of 2.50p...yeah too right I was going to jump ship. I genuinely thought the price would continue its drop because the drop from 4p down to 2.77p literally took seconds. Imagine what could happen in 10 minutes, is what I was thinking. It will be interesting to see how the share price reacts during the rest of this week because a lot of people are now left on the sidelines who were otherwise feeling pretty chipper about their investments this morning as we cruised above 4p again. I agree though that a lot of the shares whould have probably entered stickier hands and some of the larger buys would have come from the II's. There are some quite meaty buys that are showing at the end of the day. The joys of AIM I suppose.

The whole way in which this so called Zak Mir interview / audio video has been arranged has been ridiculous. People were expecting to see it last Friday and then again some time today and yet it never came. Instead, all we got was a bummy RNS reiterating a point that has already been mentioned and that created mayhem with the share price as people including myself panic sold. Now I'm locked out of the share now with a sore head. Thanks EUA. Thanks for killing my dreams of actually making some serious money here. Still, £7.5k in total for my efforts isn't all that bad. A drop in the ocean for most of you, but for me, it's better than a kick in the you know whats.

Dm100 - you're much braver than most of the rest of us. I found out that adrenaline was brown when I saw the price dropping. I almost left a nasty puddle on the ground too!

Andre - I have enjoyed our bantering and endured it at times too. Maythefezbewithyou!

I have spent way too much too much time on this bb these past few days and will take a backseat position from now on. I may jump back in again, but will NOT bother deramping this share just to reassure people. May I also add that I was feeling very positive about this share up until today's drop. The drop today has now spooked me and unless I grow back some tackle, I'm going to lick my wounds for a bit longer and contemplate my next move. If anybody can point me in the direction of the next 10-bagger, I'd be very grateful!! Hehe. I don't trust PREM and I am not a huge fan of VAST either, so maybe I will wait around for the next EUA.

I know most of you read the RNS and thought nothing much about it and didn't panic. I have to admit when I read it, it came across to me as though they thought we were all getting way ahead of ourselves and that a deal wouldn't be forthcoming any time soon or maybe never at all and they would just carry on as per normal. Brutal.

Yeah it was the speed the price dropped that spooked the hell out of me. It was literally a race for the 'sell' button because I genuinely thought the price would continue crashing. It bounced back violently too and then stabilised at the end of the day. I haven't a clue how the price will react now but it will be highly dependent on how positive any news flow is going forward.

I know a lot of you thought I wasn't invested here but I was. My average when I got back in again a couple of weeks ago was approximately 2.50p. I sold out on the drop today and managed to still come away with some profit because I had derisked three or four times too so it could have been far, far worse for me. My original average was 1.09p when I bought back in April 2014.

It was the timing and the tone of the RNS that was just uncalled for if you ask me. I'm all for being realistic but why tell us something that they already have in a previous RNS. It was them reinforcing the point that caused it to be somewhat misconstrued by a vast number of us. Pretty disgusting if you ask me and unnecessary - just as the share price was doing well and gaining some stability before the next projected leg-up.

Andre and Gekko - agree 100% with your posts. I suspect there are a lot of us feeling pretty sore about today's fun and games. At least I'm not alone. I nearly had my final derisk this morning at 4.075p but decided to ride it out. I wish I had hit the 'sell' button then instead.

The drop almost appeared orchestrated. I am sat here feeling disgusted by what happened today. Good job I had derisked my investment but still lost quite a lot of paper profit today when I hit the 'sell' button. I am not sure I'll buy back in unless the price drops-off but even then I am still a bit jittery about the thought. I thought EUA were better than that. Only the other day I mentioned how impressed I was with their comms. Today was horrible. It came out of nowhere and wasn't the sort of RNS we were expecting. I was hoping to see a rise towards 5p-5.5.p following-on from a decent enough video and maybe a RNS this morning - none of which came our way. Pretty useless all in all.

I'm very upset, TillyWhiz. Just as you had your palladium love canon nicely polished and ready for action too.

I'm not going to sit here deramping this share just in case you are wondering. I couldn't be bothered. I was feeling very positive about it up until the drop, but my trust in the BOD going forward has been eroded today and for now I'll sit on the sidelines and lick my wounds. I haven't lost any money, which is a first, but equally, I don't feel great that I am now out of this share. I haven't a clue what will happen to the share price in the interim. I guess it depends on news. I think a deal will probably eventually come, but could be months away and more of a JV type of arrangement than a straightforward outright sale of e.g. MT. We'll see what happens I guess. Depends on the news flow that comes your way as to how the share price behaves. Feeling pretty miserable though...

I'm unsure, Bill. You'll have to ask my brother. He's still at work. I questioned where he had heard it from too and he recalls hearing it somewhere. As it turned out, it appears there were a lot of stop losses taken out today at the 3p level.

A lot of people hit the 'sell' button today and a lot of people would have had their stop losses taken out. I suspect that there are now many investors left on the sidelines waiting to get back in or who are not going to bother at all and will move on to another opportunity. I reluctantly hit the 'sell' button today and I am not feeling too great about it as I have given away my low average. It was coming lower and lower that I panic sold and wasn't expecting it to recover in the way it did. I may get back in at some point, but am licking my wounds tonight. That was a horrible scenario and really uncalled for IMHO. I am not impressed with the BOD for dropping that RNS on us all. Very unfair and ill thought through.