Member Info for katstrangler

Yes. seems a bit of a pr faux pas NOT to mention the delivery of ore (even suggesting the revenue from that helps with their social responsibilities).

anyone would think they're an ngo!

DOH!

There are calls for the fca to investigate the I{O. obviously, every share that'll take such a big hit will have shouts of 'fix!' but the argument is that the IPO failed to include sufficient concerns about the dangers of investing in Africa.

Not saying anything will come of it (we all know the fca is toothless) but it's there, as a concern.

I'm fine, ta. just added at 16.4 so, not a personal loss-gripe. just a general concern for all shareholders that don't have the luxury of waiting for the endgame for value to be realised/maintained.

of course, every shareholder, everywhere can use the 'great! sp is dropping, more for me' but i'm pretty sure that's not the normal expectation. i'd have thought 'wtf!' might also be relevant. but, maybe not.

obviously, i'm a lone voice on this one.

But one would have expected a halt to the slide. it's not as if it's just going to suddenly be worth £1.50 without a buyout. it's just a genuine concern that no news is stopping the slide.

i suspect only revenue will do that and, therefore, get some of that ore sold! i mean, that WAS what the rs was about.

If it's an ii selling out at any price then i don't see how they buying volume will overcome it this time around. last time it was a 'bargain' with the herd joining in. now? caught a good few folk out and cutting losses looks to be happening.

caught me out, for one!

I would say that it's 'patience' that has cost investors 50% this year!

I think, if you're going to say that then you really need to show your calculation?

I'm actually not underwater by much at all as i've been selling on the stalls. i'm thinking more of the groupthink that refuses to comment on the 50% drop this year.

obviously that SHOULD be a golden opportunity to be adding (though i note that there really isn't much averaging dwon going on?) either everyone already in maxxed themselves earlier or...?

my concern is the people who bought into the plan, and Hannan as a draw at 25p, and the putdown of criticisms, like it's a religion. in fact, most of my postings are a reaction to that, than anything else as i'm looking for a discussion about the current state of play and how that can be supported.

eg. the offtake is heralded but no follow ups. stockpiling rns' in Jan but then 'it's safer in the ground'. trucks, bridge, roads, security staff. minimum agreement but 'they will take all that can be delivered but retecence to deliver as 'better to process in-house, as if there's a limited supply.

i can't see anyone doing anything other than breathing a sigh of relief to see 40,000 tonnes delivered by Decemeber, if only for the optics AND £4million in revenue. What is the negative in that?

Either there's enough in the ground to mine for more than a decade or there isn't. would 40,00 tonnes of stockpiled ore put a dent in the resource? would it look great for the sp? would it damage the plan for in-house processing or would the revenue be welcome for future costs?

this isn't a hope for US grants or ii's buying or a JORC. it's just something that is easily achievable, now, as per the rns.

am i really so thick as to misunderstand why that isn't a positive with zero negatives?

who doesn't want an easy rise back to 25p, just sitting there, and with no distraction from the bigger picture?

Https://variety.com/2023/biz/news/sag-aftra-responds-last-best-final-1235781650/

It is, apparently, the lack of protection for extras and background actors that is the biggest issue. the corporates want to fake up ai background actors instead of using real people.

not sure SAG will give way on that as they're the most poorly paid already and it'll be a bad look for the union. think they're going to punt it back to them saying they need that bit sorting before the strike can end. seems a small point but there's a small part of the strike that has helped the production companies... lower production costs for 2023 and getting viewers used to looking at back catalogue. knife edge stuff, eh!

No company is dissuaded from posting 'their story for all to see' due to some critical postings. you think the market listens to anonymous posters over millionaire BoDs? the story is out there... it's just the market want proof that this is going to work? otherwise, what's the explanation?

yes, several rns' of note but the plant rental/acquisition is non-binding atm and the offtake is a month old, with 2 months to go and there's been no further news. i'm very aware of how many pics were posted of bridge being strengthened and the roads being upgraded, even pics of trucks so circumstantial evidence i there but that was now months ago. only two months left, to my understanding, to deliver 20,000 tonnes? not even sure how much is now stockpiled? the full 20,000 tonnes? more? less? if a pic of a chicken is valid tweeting then trucks loaded with ore should be too?

as for the 'going private' sideswipe, that was just a joke about how noone is bothered at the falling sp, with everyone stating they're in for the end result in 2025 or thereabouts and byers and a rising sp are unimportant to the endgame. but at a 50% discount to the start of the year and even 30% off Hannan's price, that takes more than just forehead-slapping and exclamations of '2024!'.

i've been endlessly called out as ignorant about nascent miners at 25p, 22p, 18p and, now 16.6p. but i'm just not seeing an appetite for buying at a 50% discount? why not?

it's a fair comment to wonder where the support is and how existing news will provide that support to peg the price and even make it rise.

enough with the 'you just don't get it' because, at the moment, neither does the market. you're prvileged to be so confident of the turn around. me, i'm not very used to seeing an sp slide without some concern.

Trust some folk here taking advantage of the quick dip.

Well, atm, sellers are in charge. didn't expect to see this back at 66 today.

Obviously not one for a 50% rise in 5 minutes but, relatively... pretty much in no time.

oberblown assessment of african continent as financially suspect. pretty much most eyes are now turning to Africa as the next burgeoning area for investment.

Then it's looking good for 100p over next week as there's little obvstruction for a longer term recovery.

only limited on how much one can make here by how long one holds 'til it gets back to pre crash price (which looked totally fabricated!)

"The Alliance of Motion Picture and Television Producers (AMPTP) presented the deal to the actors on Saturday, in a negotiating session that was attended virtually by “the heads of the major studios,” CNN reports. Details of the offer have not been disclosed, but outlets like Deadline suggest that many of the sticking points remain around the use of Artificial Intelligence (AI) especially when it comes to the likenesses and the replacement of human extras with digital ones."

like i said, binary!

gla.

The weekend might not see a conclusion to the strike. if not, there's a chance that the sp dips as the concern will be that the strike will go on into 2024, as the autumn tv and summer film schedules can't be saved.

in that case, the film and tv co's might play hardball and just live with it until 2024.

really is going to go to the wire with bluff and double bluff.

one way or another, there are going to be a lot of fingers on the trading button: just have to see if it's the buy or sell!

Https://www.hollywoodreporter.com/movies/movie-news/afm2023-business-slow-dealmakers-wait-for-end-sag-aftra-strike-1235635798/

Might not, mind. could see a flurry of buys as the sp is still dirt cheap, historically. but if there's still no resolution by monday might start looking fragile again.

totally in the hands of the negotiations.

Now at that point where one wonders which belief prevails: does this continue back over 100 or fall back to the 50s. not a nice place to be for lthers... less so for the bottom feeders who only (!) miss out doubling their profits so far!

now not in but congrats to anyone who's benefitted from the last couple of weeks.

gla.