Member Info for kr1988

Abazza yeah I was hoping for a fomo Friday and yeah the money may come through but I’ve decided to bail just incase it’s bad news. I don’t usually hold for results that’s not my style. If it’s good news I might buy bank in next week just need to know the issue from last month is sorted

Are you not concerned about the Chinese not paying?

Abazza yeah I was hoping for a fomo Friday and yeah the money may come through but I’ve decided to bail just incase it’s bad news. I don’t usually hold for results that’s not my style. If it’s good news I might buy bank in next week just need to know the issue from last month is sorted

Are you not concerned about the Chinese not paying?

The rampers divert the conversation away from the issue around payment as they can’t spin that.

Right now it’s flip of a coin, cash or no cash. Cash all good but no cash and the company faces big problems, does it stick with the Chinese or try and negotiate with a different refinery. What happens to the money from the last three months worth of oil? Lost? Maybe paid in 3-6 months time who knows….

The rampers divert the conversation away from the issue around payment as they can’t spin that.

Right now it’s flip of a coin, cash or no cash. Cash all good but no cash and the company faces big problems, does it stick with the Chinese or try and negotiate with a different refinery. What happens to the money from the last three months worth of oil? Lost? Maybe paid in 3-6 months time who knows….

ADW its the money from China I think their is still a trade here but its the fear that the money doesn't come through and potential that they need a new refinery to refine the oil.

Next week and a half will be key about the money. If they get the money I might buy back in.

I've just sold all my shares in MATD this afternoon, I made 10% ok for a short period.

My concern is this payment due next week, if it comes great but if it doesn't and China aren't playing us I can see this tanking so I'm not gambling on this one.

Hopefully I can buy back in after the news at a similar or lower price than I've sold. I hope the payment comes through but not gambling on this as the Chinese cant be trusted and MB hasn't suggested that the payments going to come through fine.

This is still going really strong, is this one that you could buy today and still make a profit or do you think its looking a bit peaky?

ID do you think it will struggle to get into production even with the new ML? It doers feel its gonna cost a lot of money which they haven't got so I suspect the lth will be punished in the next year or so.

Im not sure but I guess part of the retraction is they are running two businesses now whilst not generating any profit so all the money comes out of the share holders pockets.

Ive read a few people say its the death spiral loans, I suspect every time some are converted the SP will pull back to 0.5 so it wil take some real volume to swollow up these conversions and hold the price up. Hopefully by Q4 some more of these shares will of been converted and swallowed up to allow it to move forward.

Good shout its dropped quite a bit today so hopefully this will be the bottom and it could recover next week. I think ill take a dip Horult.

I’ve just read the fundraise rns, they are due to put the pump in q4, coukd this be a good q4 play? They are funded ahead of the sp is right at the bottom so surly only one way to go? Alternately if it’s good news from the flow test buy into the good results and see if it goes on that crazy run again?

With he1 you have to play the rises based on the god news, they regularly shaft the lth so it’s only good for a trade these days. I really can’t see it going in that sort of run like before but it’s known to traders so you never know.

I think the pump dai was a few hundred k not massively expensive.

I’m feeling a fomo Friday here, long weekend so plenty of time for the work over at Heron 1 or 2 to start. Could we get an rns on Tuesday to say the Chinese have paid us too???

May put a bit extra in tomorrow morning to see if I can ride a fomo wave.

We have the long bank holiday coming up ( I completely forgot as I’m on al for two weeks after tomorrow!!!)

Anyone think of a fomo Friday? Matd seems a good one anyone else expecting news early next week maybe hex?

I’ll tell you what he1 has been on a real tumble recently over the last 3 months it’s lost 50% I suspect the realisation of the costs of getting rukwa into production are hitting home.

Doesn’t help with the raises to feed their farm in partner when they have no money themselves

I’ll tell you what he1 has been on a real tumble recently over the last 3 months it’s lost 50% I suspect the realisation of the costs of getting rukwa into production are hitting home.

Doesn’t help with the raises to feed their farm in partner when they have no money themselves

I guess its the new CEO getting this funding on the back of the successful trial. Their seems to be light at the end of the tunnel so these investors might be doing a shrewd piece of business.

I agree, hopefully they will be more direct to the point however being a aim ceo you have to try and sugar coat bad news maybe if he is super confident and hypes up good news the SP might make a recovery especially with spodumenes prices rising.

Yeah it looks better their however like you said it’s still waffell hopefully this is the end of the problems they have encountered

I don’t mind the 30% it’s the withholding of the main money. Do you give them 3 months or do you give them 6 months knowing they may never pay. I just hope mb has a back up plan.

FTSE apologies I missed abazzaa post from earlier.

Seems mostly negatives posting anyone ultra positive want to give views as it just seems very negative now and I wanted this to be a bit more balanced discussion