The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Of course spreading falsehoods are not right but there's nothing quite as pathetic as "Helpful" running to daddy crying.
Maybe extra sensitive as he's being runover in NTOG after his condescending "it's all about trading and timing".
The arrogant prick also gave us the pearl "I have been busy with deciding where the Tomco profits are going when it makes announcements"
Have you finished deciding which packet of crisps yet?
Warning to all that the reason he posts so much guff is to cover up the dumb predictions he dreams up. Fade the noise and use him as a contra.
Will be next to nothing. RRR has a lock-up for its holding for 6 months, by which time it will be heavily diluted and the share price less than 1/5th the listing price.
Spec notes a slight increase in gross raised (dodgy rounding by him) but fails to mention that the expenses incurred for the offering have risen by more than double that.
So for a $7m gross raise, $3.26m is just going on expenses!!
The best bit is that cash as of March end was just $3k with -$5m working capital. The offering only gets its working capital to +$1m. Guess how long that lasts for a supposed o&g explorer. It's a shambolic listing manufactured to pay out ridiculous director fees and leave mug punters holding many many bags.
like i've said many times, spec is the resident fool. not a good look when he ignores the 100's of red flags and then tries to catch a falling knife. a brilliant example of how you shouldn't invest and act. hopefully he hands over his remaining funds to his partner before he loses the ******* lot.
There's no point engaging with the old fool. He's now making up his own battles - but if it helps him sleep at night then fair enough.
I doubt anyone said that no one will ever put cash in, there's plenty of idiots out there.
Also if someone was forecasting below 0.1p 5 months ago, then probably a good shout. Already well over half way there.
The more underwater the bag holders get, the more hostile and delirious
As ever you need to wait for the annual report to know what the weasel has been up to. Riverfort is not an investor and doesn't hold risk in **** like this.RRR is tapping into a lending facility just to keep the lights on.
So sassy. I've not said that there is any downside to ELEP listing. It's fun winding you up though, so hopefully this triggers you as well:
ELEP is a **** company. Spartan lists **** companies. Spartan listed companies crater after listing. Carrying value at IPO will be close to worthless once lock expires. Market knows this and accordingly adjusts the carrying value. All means it's a trading opportunity on IPO and no sustained value to be found.
Who gives a **** about Peter Elliot? It's run by the greedy greedy Lofrgan. Another nailed on -99%.
If you can actually read then you'll see that I've been saying that it'll be worthless by the time the lock-up expires... How does that translate to me saying that Spartan does not having book-builidng ability?
Dumb and dumber making up their own little narrative.
Priced at the bottom end with little in the way of net proceeds to cover the insane wages of management. Also linked with Ron Bauer. Comedy show.
Spartan catering to the dregs of the market. Another nailed on -80% in very short order.