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Morning all,
I haven’t posted for a while and am also a newbie! Been here about 2/3 years … so still in nappies
Been reading the polarised views on here, does make me smile at times
I will be topping up here today and next week
Let’s get this bull run started :)
Morning all,
Yes, everyone has a view on porky, but let’s not be as naive as Val has been on the commercial negotiations with TrX!
Porky will lull everyone in (with his clever words and research & subtle undertones) and ramp the hell out of this, then bail out and take his profits and run.
He has his own agenda and it’s not to be here too long term. Ramp up, dump and run!
These are my own views!
Apologies if I’ve offended anyone!
RE: CEO19 May 2022 14:28. My post from
For what it’s worth here is my take on it
TRX have been very smart. They have let the timelines slip because it helps there negotiating position
The longer this goes right, the more the market wobbles and shareholders get jittery. Also the cash burn continues and any cash raise gets closer if no deal is done. Then the dilution becomes more likely and the spiral continues.
TRX then offer to save the day on a cut price commercial deal, because they hold the cards on the exclusivity.
I’ve said this from the start Val are commercially naive, not being harsh, this is my own view
Others may think differently but I will only change my view once I see real evidence of something to the contrary
I’m buyer and a long term holder before everyone starts to jump down my throat!
As a few people have mentioned Greece this week..
I’m actually in santorini from today for a week, enjoying some sunset views and decent wine, and some headphones to fade out the mrs ??
Wouldn’t it be nice if news dropped this week ??
For what it’s worth here is my take on it
TRX have been very smart. They have let the timelines slip because it helps there negotiating position
The longer this goes right, the more the market wobbles and shareholders get jittery. Also the cash burn continues and any cash raise gets closer if no deal is done. Then the dilution becomes more likely and the spiral continues.
TRX then offer to save the day on a cut price commercial deal, because they hold the cards on the exclusivity.
I’ve said this from the start Val are commercially naive, not being harsh, this is my own view
Others may think differently but I will only change my view once I see real evidence of something to the contrary
I’m buyer and a long term holder before everyone starts to jump down my throat!
OB,
2 bits of advice for what’s its worth from me
You can’t buy more time, so the longer you wait to retire the less time you have to enjoy the rest of your life
Secondly, get some solid independent financial advice, do you simple spreadsheets and have a financial buffer to get you through the bumps.
Good luck