Member Info for LordSnooty

Most informative.

Only trouble with that, Predator, is the leverage can lead to some sleepless nights if one mistimes the buy in price. I hope today is the beginning of a long-awaited recovery though.

Nobody can say with any degree of certainty when the RNS will fall, so don't go expecting it next week, it will only lead to Doubting Thomas having a moan marathon again.

So if it is they're taking a 70% loss on the placing.

a few more this morning. Seems there's again a 5m block on the ask, who knows how many this joker has? Could he be someone who took a big tranche in the recent ramp, cutting loss? Or - heaven forbid - an insider?

You're both wrong, CE quoted CB as saying 2-6 weeks. Well this Saturday it's five weeks, but I think that was probably an off-the-cuff figure and, given the compexities of negotiations, no sense getting impatient yet.

Certainly novel.

- and I am sure the Dusty One will confirm - Saffas are not quitters, especially miners, so I expect the former rather than the latter.

Seekers of truth may find that the three named directors of Moz Gold are rather remote and preoccupied with extracting value from their plant as quickly as possible in order to pay down debt, and hence rather slow to respond to enquiries. On the other hand they may be already back in SA, having surrendered their plant, it being collateral against certain loans outstanding, into the grateful hands of C Bird Esq, on behalf of Explorator Limitada.

Nicely timed!

Leave it out Dunder - can't you see nobody wants to play?

Well that sad little 125k last trade you see at 14:21:24 is mine. Must be a buy being worked then. You may still get 21 when he's filled, if there are any left.

I was definitely quoted 21 though - I went through progressively higher numbers until over 5m the ask jumped. Now it's back to 22.5.

It's disappeared again, I'm now quoted 22.5 for any number. The MMs are playing hide and seek, I think.

Could be there's a trade being worked?

IG are quoting me 21 for up to 5m. Over that it jumps to 22.5, but as I say, who knows what's lurking?

Why couldn't they own the plant, Gixxer? You saw the pictures on the website of them hauling the plant up from Kimberley. Moz are diamond miners, they almost certainly owned the plant outright. I repeat, no company lawyer would let a publicly listed company loan money secured against rented plant or equipment that was not owned at least to several times the value of the loan. If he did it would open open the company up to all kinds of legal grief.

Can't say I blame you. This is the most infuriating stock I have held in thirty years investing.

There's an iceberg sitting on 21 - at the moment about 5m sitting there, but who knows how many more hidden - if any?

Gixxer - nobody secures a loan against rented plant - least of all CB.