Member Info for katstrangler

Reckon most of the recent sells are traders or optimists who got pulled in by the incessant 'news next week' posts that have plastered the space for the past month or more.

mad ramping pulls in all the chancers who want in for a bagger and then quit when things don't stay up long enough for them to get out.

been pumped massively up and getting slowly deflated.

no doubt all the news will come but, if anyone was in before at 1p and then saw it crash down to 0.3 on zero press or news then you can see the hazard here (not suggesting that kind of crash now but you can't keep pulling people in to keep thesp afloat if there's no news).

But approaching placing price.

Expecting brokers to be negative and then their clients pick up shares even cheaper than they already are.

market is bloody horrible for lth as they have to keep riding out the blips that are forced on them by brokers.

Just post the quote into google and you'll see it's from Nov GST rns.

Again, appreciated. gives me something to chase.

Hi, ninja. if that's correct, then my apologies. i'm embarrassed if these are two separate processing plants as i thought the offtake is with the same company that CRTM are looking to rent and possibly lease.

or are you saying that both plants use the same roads? i admit to being confused, now. but i'll check the rns' again as i've not read this in any posts, anywhere, previously.

appreciate the reply.

Think your 8p is a coin toss. all comes down to whether retailers or new potentials see 9p as cheap enough to take them, being cheaper than the 10p warrants and whether the 5p holders decide there's just not enough reward for having held these for years.

company keep restating that January is the month for reignition of positive news so going to come down to whether there'll be news before the AGM or they're going to want that through before (possibly to push through further fund raises and shares so BoD can participate on these low levels!).

i'd rather be cynically looking forward than the ludicrous 2023 optimism being repeated (at least until there's some justification.)

just don't be surprised if 9p is as cheap as they buys get.

You missed my point. if the company can post ticket stubs then they can put a statement on twitter that says dd on the plant is going according to expectations with no obvious delays to processing and will be fully operational in time for the ore delivery.. noone wants the presumption that roadworks will progress over the coming weeks for ore delivery only to find the plant has technical problems that push the revenue even further back. having seen how companies like VAST and PREM promise things (and CRTM, come to think of it) it'd be nice to have some real conviction translated into trade buys. atm, the trades, considering how low the sp is, aren't showing many 'bargain hunters' diving in.

While i'd like to think that all the plans laid out by Fryer will come to pass, my real concern is that there have been no dd updates on the plant? considering it seems to have been in diuse or, at best, running at merely at a minimal opational level, the last thing the share price now needs is to find there are issues with the plant.

been months since the rental was announced. but, like the offtake agreement, things can always go south and the only way one proves it isn't is for the postive update to satsify investors.

getting exhausted by the blue sky tweets when the more mundane 'on the ground' issues are almost too boring to the company to be indluged!

That will give a reading on when/if they think the recovery will happen and how hard and quickly the bounce comes.

It's a very good read. honest appraisal without any rampy talk... that says a recovery looks likely in time.

... but it ain't gonna happen overnight.

I've pencilled in 150 for myself, unless something drastic happens (on a par with y'day). 'course, there's not going to beprofit takers to consider too, as the sp rises.

Am fairly sure we'll see TR1s next week but it's looking like the sellers are now out.

Lost out on trying to trade it y'day so having a second go to at least recover those losses.

105/6 seems stable now, unless there are more buyers waiting in the wings but doesn't look likely.

guess we'll see!

Waste of time, in most cases as it has little impact on the mcap, except fror frightneing the horses in the UK when they think it matters!

all i see is guidance down 10% and sp down near 40%...

Not being in yet and being opportunistic, i can see buyers from this morning baling lower and pushing the sp down further. it's certainly not looking like it's going to bounce today so £1 or look elsewhere.

gla

Can't find the details but was the plant mothballed and inoperative but being resurrected by CRTM?

or is it a working plant?

confused as to who owns the trucks and aren't they constantly in operation, using the same roads that are crumbling away, even as we speak?

just find it odd that over many meets with various potential ore buyers and with offtake agreed it's never occurred to anyone until ore deliveries 'started' that this issue became apparent?

there are times when i wonder whether the offtake was just a misdirect, in much the same way as the Jan/Feb '23 'we are stockpiling' rns that then wasn't because it was' safer to leave it in the ground' story came along later?

while i appreciate that permits and dd and funding and all the other etceteras have happened over 2023 little seems to have been actually achieved yet that proves there's revenue coming.

as a success story for the future i wish i'd bought into a company (at whatever price) as a revenue generator than wanting to be in at the off and benefitting from every penny made, especially as the delays push that point further into the future and the sp further down towards the 5p warrant price.

who'd have believed that so much positivity from the 25p buys and 40p warrants talk would see the sp struggling to hold 10p!

better days can't come quick enough (but dismayed to see more pics of ticket stubs instead of roadworks or even the dd being conducted tweeted).

While you're spitting out your tea, keep a count of the 100k sells that keep coming and ask yourself where they're coming from and why they don't hold for better price?

Nm