Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
North of Tyne - trying to work out where I want to wake up Friday morning so trying to work out with youngest where to try out new tent and get some rambling miles in on Friday enjoying the great British landscape and a country pub or two. A little birdy tells me of some beach / coves near you between Whitvy and Scarboro are a little known gems so may well be up on the Moors looking down on one Thursday evening
I think you're all jumping the gun a bit here - if you re-read the RNS there is quite a bit of Administrative work to get through such as revalidation reports, convening directors meeting with NIEFF reps (if you're NIEFF wouldn't you wan the revalidation report before deciding?). Not going to bang on about anything else as will be just called negative just even best will in the world we know how Africa works this has months to do written all over it.
Anyway to finish positively hope the rest of you in the UK have the same weather forecast for Friday that we have in the NE after a rather phish poor July weatherise and have plans to make the best of it.
G1981 - I suggested Mal may want to discuss it with you. My opinion is more a fantasist or liar sine you were posting on 20th July that you were adding more AML and now today claiming you were selling at 60p.
Here's the relevant info for AML from 20th Open 60.00 High 60.50 Low 53.15 Close 55.10
It went down from first thing in the morning so keep on shouting but anybody can quickly check and see you're talking garbage.
ps Mal, I don't have anything against shorting in principal but likewise do against people who fill boards full of carp whilst doing so or ramping them up when selling. Perhaps you would care to discuss this with G1981 as he's the one caught out today having been pumping up AML on 20th July when the only way to have profited since then is to have been short.
Yeah Mal I make up stories - you can check G's AML yarn from his own posts and you can check your own yarn by reading your own posts over the weekend. Have NCYT on own list but not decided yet and VAST too much unknown at present for my risk (ie have better options in that sector nothing personal against Vast), the others (nsf and ode) I can't comment on as not watching. As tied up on other stuff to add new I'll see where they are in a fortnight and fair do's if well up I'll say well done and perhaps take more notice of your things for people to have a gander at in future. Till then I'll just enjoy the ones I mentioned before they rose today - I sincerely hope you get the same on nsf and odx and if so it'll be done from me in a fortnight.
Well G1981 - that's impressive. Just one slight problem on the 20th Jul you were posting on AML that you were
............."Just added, be quick!"
The price at the time 56.40 and has gone down ever since so the only way you could have made a shed load from there is by being short.Not was of those shorter scumbags are you Graham, you know filling boards full of buy buy carp whilst actually selling.
Funnily enough 20th Jul ARCM 3.25p and now 3.45p so hardly huge profit by time spreads taken out.
You know I love facts so anybody can check these out for themselves and decide whether you're just a liar, a shorter or stupid as one thing you certainly weren't doing was making a profit on AML when adding on the 20th Jul and shouting about it.
You're as believable as GR and the rest of the ramping brigade on this board
Morning Mal to you also - looking a bit silly now aren't you after taking the P out of my being positive on stocks last night. What is it SCLP +10% today, Cora +25% today, HUM +25% over last few days ... yes FFWD still has to breakout but the 8p has been paid today so no doubt in next week the odds are will see likewise there.
Very easy for you to claim to be in EUA and GGP after they rise - any chance when you post one that may be worth looking at before they rise, much much more useful. As always said Prem is no different and there will probably be a price and facts where the risk is worthwhile but we are nowhere near that price or facts yet. 3's and 4's and there may be a good opportunity here but not today for reasons stated.
Morning G1981 - how's AML doing, you know the one you were raving about a few weeks ago and more recently when it was at 57.50p. Did suggest caution for the end of July and see is now around 47p, the other MV play I suggested would have done you far better. Whoops but that's what happens when you come up with things such as Prem has been given plenty of money by the government. Facts are facts not what you wish them to be - the Zim Government has taken plenty of money off us and given us back a very small pile of monopoly money. Anyway, AML sub 40p may be worth a punt.
JJ looks like your BS about a strengthening bid was just BS as people are now selling far less than 10M for less than 0.0608.
Not getting much right today are you, suggest you just do a Mal and stick to name calling as at least that doesn't potentially mislead people when you come out with carp which can be substantiated.
Well that's a billion of the new 6.5 billion gone already, only 2 and bit months and still even from the GM Notice we still have $200K to issue for Riverfort, $200K for GR loan and what we up to as JJ has pointed out 50% of salaries, offices & infrastructure (GR ranch as we know), say $500K. Bit of interest to add and buggeration in calcs that's a cool $1M to be cleared out of the facility so around 1.5Bn shares and that's if the price to issue doesn't drop below today. Lets hope MNH's massive fail in hitting forecasts doesn't require another $1M again or we'll be having another GM to take us up to 20Bn shares in issue before the end of 2020.
Ah but JJ that was the initial RNS by them prior to their rights issue. Subsequent to that we had an update where the mention of holding for upside has disappeared and is just an AUD $ amount and then the rights issue was only 69% taken up. Mmmmm - a contrarian view would be if the deal even goes ahead (doubtful) then Li3 with a disappointing rights issue uptake really isn't in a position to be a lth as they need cash.
Any reason why you didn't mention these subsequent events to the initial RNS? Could be they shed completely different light on the initial RNS's - not like we have history of that with Prem is it? By the way that was rhetorical as am pretty sure you don't want me to list all the RNS's such as Honey Badger, or plant arriving at RHA which never quite materialised.
JJ - I've noticed lots of things on trades, bot's creating an impression, MM's making their % which all drove me to a conclusion and I'd say the 10M trade at 0.0608 to sell any Q tells me all I need to know and my analysis was correct whereas some got suckered into believing it was a strengthening bid.
Argue till the cows come home but 10M at 0.0608 says your analysis was wrong as that is an actual real trade.
Acker, it was hardly rocket science was it - perhaps anybody who did buy in might want to ask Mal to try and justify his campaign over the last few weeks to close anybody down who was mentioning the plethora of red flags which suggested this was overpriced for what is is. 3's or 4's and maybe worth a punt but as an investment, you've got to be kidding!
Issue price 0.62 something being blah blah 90% of x days weighted average, no doubt over next few days we'll gravitate towards this latest placing price thus lowering even more x days weighted average just in time for the next conversion. Rinse and repeat or death spiral a further 4 times (well maybe 3 as may well get another of these tomorrow based on last weeks trades).
Thursday in response to your question about gold I tried to give an answer as Acker wasn't around - of course Mal gave his tuppence of ****ging off with the quote ignorance is expensive oft repeated. Trust you noted in my response to your question a gold explorer that may be worth looking at if you wanted one (Cora) - rather nice RNS issued by them today, not all together unexpected which is where the similarities with Prem finish as this one here today wasn't unexpected either. Well unless you're in the secret twitter group of course.
All knowing Mal didn't give anybody the heads up that this was coming, must have forgotten as too busy telling us all about the huge buyers, the EPO was on the presidents desk with pen let alone all the gold just lying around waiting to be picked up so must have slipped his mind. Mind you a lot of things for him to remember especially when taxing the couple of functioning brain cells too hard trying to come up with witty names.