Member Info for jonesrichard

Yes I agree that just because someone disagrees it means that they are deramping, fair enough if they back up their disagreeing with something but in your case all you post are blatant deramps, suspect you will be long gone as soon as the RNS's starting hitting this week/early next so enjoy the attention you are garnering now as it hopefully won't last much longer.

Y

too many people got sick of roosters blatant deramps, if he appears again I will most probably report him also.

this potentially transformational 6 trading day period between today and Tuesday 30th April. Volumes staying strong also so feeling pretty positive at this point.

Yes, just re read my post and I said 'basically confirmed' obviously 'basically' isn't the same as explicitly saying 100 % it is confirmed.

So why would the FT state that the global financial company is 'understood to be' that then begs the question 'understood to be' by whom? the FT? if not then they would just be sticking JPM's name in the article for no reason at all without any foundation? surely the big organisations work together in the sense that if a big firm like JPM wants something to be made public then publications like the FT I'm sure help them out and vice versa if the FT are looking for conformation on a certain rumour then don't you think they have contacts within JPM who would be able to confirm or deny off the record?

Anyway not long to go now until all will be revealed hopefully, could be a very big 6 trading days here which could dictate the complexion of the sp from now until the mine opens.

Where do you think the multiple articles have got the idea that it's JPM? are they all just guessing or do you think some of the have contacts at sirius or JPM?

Also I said pretty much conformation, not that it was actual conformation as you just attributed to me.

The article is attempting to be fairly negative but overall I read it as quite positive in that the general feeling seems to be that they will raise the finance and they acknowledge that they need to secure the finance asap to stay on schedule so going by the comments from CF and Scrimshaw I'm expecting to hear something within the next 6 trading days.

Once again it basically confirms that JPM are going to be the "major global financial institution"

I'm sure I recognise the txt from a previous article? I mean this is a new article from today as in the author got these quotes from CF and Scrimshaw within the last couple of days? if anyone could confirm, maybe I'm getting confused as have read so many articles recently.

My point is that there was no need for them to mention end of April, they could have easily just left it as 'as soon as possible' the fact that they did mention a date makes me think that we will hear something before the end of April, if we don't hear anything then it won't be good for the sp as people are looking for clarity with regards to the stage 2 funding so as long as it is forthcoming then everything should be fine.

The general consensus seems to be that news one way or another is expected before the end of April as that is what the company intimated on March 12th, it is correct that they did not promise or guarantee it but obviously as soon as they give their own unsolicited, self imposed mentioning of dates then naturally investors will cling to those dates most probably because we have been starved of positive news that will get the sp moving for a very long time.

The following is from the March 12th RNS:

"The Company is working towards obtaining firm commitments for the Alternative Proposal and its additional financing requirements before the end of April 2019. The Alternative Proposal is subject to the finalisation of the Financial Institution's due diligence and internal approvals.

Further announcements will be made in due course."

Now, they could have left out the words "before the end of April 2019" couldn't they? and just had the line "Further announcements will be made in due course." in it's place but they obviously felt that they would be in a position to at least update shareholders at some point before the end of April, otherwise what's the point of even mentioning specific timescales when they could have just left it like they had before when they stated something like they would be updating on finance 'as soon as possible' which is nebulous, yet on the March 12th update they clearly felt confident enough to effectively make a rod for their own back as if they don't release any update before the end of this month then rightly or wrongly the 'they are running out of money' narrative will have a detrimental impact on the sp in my opinion which obviously genuine investors here really don't want to see, obviously derampers would love to see it so lets hope they don't get what they want and the company give clarity with regards to the financing so we can all move on and concentrate on major torp orders, construction progression ahead of schedule and finally more positive national exposure.

I rarely quote the Fool bit in the article today it states:

"So what’s the latest news and why does it make me a bit twitchy? The answer to both of those is that there isn’t any, and we’re getting very close to the firm’s target of the end of April for securing and announcing a deal.

The last we heard was that there’s an alternative financing proposal on the table, but that was more than a month ago and the newswires have since gone silent. And the more we don’t hear anything, the more investors will fear the worst."

I understand that the whole point of the MF is to be extreme in how they depict situations that companys are in but it seems that rightly or wrongly the general feeling is that people are expecting an update before the end of this Month, possibly it would have been better if the hadn't even mentioned the end of April. Let me know if I have misinterpreted the 12th March RNS.

until they confirm that stage 2 is sorted or guessing they will have to give an update if it is to say that they are still working on getting it completed, they set end of April for completion themselves so it was a self imposed date by the company themselves.

Bearing in mind don't we officially run out of money by end of June or July? if that is the case then it makes sense to get everything sorted before the end of this month so that's most probably why 6 weeks ago they stated that they are working towards getting everything sorted by the end of this month.

I'm sure they will as surely they won't want it to get to the point that the running out of money date is getting too close as that really won't be good for the sp or the general view of the company from potential II investors or PI's

Who knows what day it will be within the next 6 trading days, would be good this Tuesday but could just as likely be the following Tuesday! GLA

in the share price this week which we can easily make up and surpass next week with any luck.

Unless 'the big RNS' hits then in that case obviously it depends what the terms of the stage 2 finance are.

Yes.

On the day I said they would go back up over 22p they did actually move back up to 22.08 but didn't hold for the rest of the day.

You are correct that I am optimistic about the companys prospects, if I wasn't then I would have sold at some point within the last 5 1/2 years.

To be fair I have also recently acknowledged on numerous occasions that the sp could well go to -15p if the next update isn't as positive as everyone hopes.

You have sold but still seem to keep posting just talking the share down, up to you obviously but if there was a company that I'd lost faith in then I wouldn't go on the BB getting into rows with LTH's but like I say totally up to you.

Your attempting to warn LTH's of the downsides to this share (like we need reminding after having researched the company for many years and put our hard earned money at risk) is like trying to convince religious people that religion is nonsense, you're wasting your time because sometimes people are brainwashed so it wouldn't matter how many times you tell them, if anything it just makes them more certain in their beliefs so it actually has the opposite effect.

Anyway lets see what the next 7 trading days bring, could sail past the 40-50p mark, thenagain it could drop under 15p, obviously just depends what the next update says, obviously the people still holding feel that the update will be positive.

20.54-4.11 %

Just over a 3 % drop on the week. Should see a much better week next and the week after when stage 2 is finally confirmed.

volume day today, seems they are giving it a little shake before next week, still think we could finish somewhere near level today, a finish today - 1.28 % or less will leave us at least level on the week which will be ok as it's just been a consolidation week this week it seems, the next 2 weeks will be the bigun's it seems.

I see where you're coming from to a certain extent but the company set the date of before the end of April themselves so they have made a rod for their own back as if they had wanted they could have just stated 'as soon as possible' like they did in the update before but they didn't do that.

I think they must have been pretty certain when they released the RNS on March 6th that they would be able to come up with a significant update before the end of April otherwise they would be setting themselves up for a whole heap of hassle if they didn't stick to their own timeline.

With all of that in mind I think they will be releasing details of what they have secured before end of April, what the terms will be and how good/bad it will be for shareholders is another matter entirely.

Would prefer if the RNS is released Tuesday so it gives it the rest of the week to filter through better and get more exposure as opposed to tomorrow, if it's released tomorrow then it could mean that it's not extremely positive as sometimes companys look for 'a good day to burie bad news' if it is not as positive as they were hoping.

21.42- 2.01 %

So a 1.28% overall increase in the sp so far this week, looking good.

see what they can grab on the way down. Should still finish above 22p today with any luck!

Not working properly? anyone else having this issue?

2 % a day keeps the derampers away! ok so they don't ever say that but they most probably should! but either way it looks like we could recoup that ridiculous 11.93 % drop from last week by the end of this week hopefully! Only a few days to go until we could see the sp back beyond the 39p range with any luck!