Member Info for katstrangler

Agree with all you say. it's a trade and nothing more for me... i hope it's got legs in 2024 as i know too many people who sunk more than too much into the sentiment from last year.

and by 'good spokesperson' i meant he sounds plausible at the time. (i'm reminded of Paper Moon but without the bibles!).

and i agree that the monthly 10k tonnes is just wishful thinking until, maybe end of year. as for the US funding and grants... i just hope that pleases lthers as talk of 'buying trucks' with the money and all the other etceteras are all intangible without a JORC, minimum and i doubt if that'll be ready until... October?

but, as i said, worth a punt up until the sp gets just over the downrated 10p warrants (with just a word of caution on the new 4.85 'clns' that can be issued at Fryer's discretion - and have to wonder who might pull those strings, not knowing who handed over the cln money.)

but i'd be happy to hold and sell up to 10p, with a nervous look to see what the next rns is!

What i understood to be true (!) is the cln money has been paid upfront... the clns are more like 4.85 warrants, paid for, upfront (so, again, a very cheap entry or averaging down for those insiders who could take advantage)... the roadworks will complete (though costs are unknown so hard to know how much of both fundraises are for that and how much might be left over for a potential asset purchase)... and the shares are very difficult to buy so could see a forced rising price, based on the hope that everything that was stated last year ANd again, this year, might actually come good!

the biggest reason for optimism is the price of copper. whether CRTM manages to get to the point it can regularly sell 10k tonnes per month (Fryer says a couple of months post road completion so... Sept latest). but, even if the brakes are put on the progress, unless something materialises that kills the company stone dead, there will be time to get into this as the mine proves itself up (or not). just have to wait and see what news comes next and make the judgement.

meanwhile, there's probably money to be had trading this just on sentiment, the limited shares now available (warrants still priced at 10p so double current price) means the sp could rise fairly quickly.

one can't argue that Fryer IS a good spokesperson. Whether his 'enthusiasm' for timelines that spectacularly fail is now taken into account is to be seen... but, at this low, it's worth considering.

It's miles wider than, for example, SALT's. hard to buy in with a 10% penalty, straight off, unless the sp rockets (which it doesn't seem keen on doing).

Then...erm... umm... nm.

It might just be that 11p resistance finally breaks as SALT looks just too expensive without news, whereas TEK looks almost like a freebie, considering...

Fail to see how altering the package of BoD influences the amount of buying of parent company? the bigger question has to be whether TEL is a fairer bellweather of the actual worth of the subsidiary shares or why market refuses to add? TEK spiked at 17 when SALT was just at 115 (now another 10% up at 140).

either TEK is a fair price and SALT is grossly overbought or question why TEK 'ISN't at 20p. (it's rehetorical and a Secret Seven mystery, afaics!)

Because i made nice money on trading it but, like most here, have been 'charmed' by the relentless posting of a few who say they're long term and have a roadmap for its future so changed my tactics until recently.

the only person i actually value here is Lloyd, for integrity. the rest, i now realise, are as much traders as i was... so back to that tactic and it's back to caveat emptor. might as well take advantage of their ramping! so i'll now wait and see if sub 0.9 materialises.

Nope! just observing how the facts from the company don't really match the posts here about what they will do.

you, yourself stated that an acquisiion would be here within a couple of weeks of the placing. that, atm, stands as bs.

your opinion counts as valuable as mine. make of that what you will.

The point is, surely, will the news be good or indifferent?

a lot of retailers are now in, having soaked up all of Raphael's shares (there were no TR1s that i'm familiar with?) at prices probably 20% higher than current price.

it's now not even whether the company is profitable but how profitable? if everything is merely 'in line with expectations' (noone has a clue what their expectations actually are, other than 'progress') it does make one wonder if the second placing was rushed through because it was going to be the best price on offer, near term?

this business of 'playing cards close to the chest' is rubbish. BoD have all the info (and salaries) to stay happy with the months passing by with no news... not, sadly, the case with pi's risking their own cash.

obviously, everyone, even traders, want to see 1.45 again. when thay happens is moot until news arrives.

Folk get all antsy daily, here, in May, from a 1.45p spike in... Jan, a 1.39 in Mar and now a 0.92 today. and you want to talk about the price in 8months time? : )

...barring one small hiccup post April 24, it's pretty much 4 bagged the 10p placings... now you have to decide if this is the bottom of another dip before a rise to 50pish or the slide continues first.

This one has, since the 10p placing!

Must have been more than a few fair weather traders who got in and rode it... i didn't believe it'd happen so would like to have a second chance somehwere in those 20s... (would prefer 24 to 28, though, obviously!).

not trolling. just wishful thinking!

Would hate to be accused of incendiary headlines but...

mms look to be suggesting sp could drop below 0.9.

Seems to me there's just zero trading in this until market knows whether the cln holders are just waiting to punce and crash the shares or whether Fryer is going to try and delay that result until the road is nearer completion and the sp rises in anticipation (assuming he can do that!).

sp looks to be on a knife edge as to which way the sp goes first, and what happens thereafter.

(personally, i'd like to know just how much the roadworks are costing and whether both placings are being used in full... also, i'm assuming thee would have to be disclosure if Fryer is also part of the clns?)

It's more the fact that there are 'some' who pile on to others who are just '105ers' when everyone is pretty muchdoing the same.

the mountain is that most of the 'opinions' on things like financial cover for stablecoins suddenly, after thousands of posts, becomes apparent that GST don't intend to operate as a bank using fractional cover for their stablecoins... how long did TGAT take to be discussed here!

Can't backtrack now. i think it's what everyone except noobs expected. there isn't ANYONE here who isn't trading the bejeezus out of theis.

just some folk are a bit more honest about their intentions.

trust everyone else will remember this conversation.

WHAAAAT! you saying you're a trader too?!?!

SHOCK, HORROR!

well, that puts paid to all the bs about being lth, along with the other 'long termers' who all do the same thing but pretend to be something else.

And yet we both missed out on a 1.45 spike opp to sell and to buy back in at a 35% discount!

guess that makes both of us ignorant of the chances that slip by.

Well, the current sp doesn't, if that helps...