Member Info for Moneyman64

A troll in many people’s eyes appears to be someone who holds a different view than yours.

For example a troll on the Guardian comment is someone who does not attack the free market economy 24/7 or still supports the Conservative Party or simply anyone who disagrees with Polly Toynbee or “Citizen” Owen Jones

Friday shareprice fall almost reversed

Thanks to Extrader and Minorminer for all the research and updates -really hope something material happens this time and Zangra/Glencore etc actually do the deal.-however it must be noted that the shareprice appears firmly stuck at it’s current level and no amount of positive sentiment seems to have any affect on it-would have expected the price to be in the 30p to 50p range by now in anticipation

World recession-maybe not-Fitch has today raised it’s growth forecast for India to 6.3% this year and 6.5% for FY 2024 -China is also expected to show strong growth and the USA could go either way.The market always over reacts both to the downside and the upside.

What sort of person sells 70 shares to raise the grand sum of £8 -not even enough to buy a Friday G and T?

The company does it self no favors -other companies such as Tharisa always inform shareholders of it’s cash position and average sales prices when issuing quarterly production figures -perhaps the new CEO could make a note to do the same and we would not have all this negative speculation about the company’s cash position

Also read this article a couple of days ok -the platinum price should respond to this shortly-the low platinum price at the moment seems to be defying the laws of supply and demand

Just compare Bushveld to Jubilee and Tharisa and you will see a huge difference -money invested that has actually created profits -although share prices currently lower due to current PGM prices but both still healthy profitable

As a general rule shareholders expect a company management to invest to enhance their returns..The Bushveld board have spent over £100 million enhancing its plant and machinery and at the same time managed to virtually wipe out the value of their shareholder’s investment.

Fortune has comprehensively failed in every aspect of delivering shareholder value and no doubt will ride off into the sunset with a very nice compensation package and walk into another very well paid job.The final person on the investor call was 100% correct -costs overruns,production targets missed and broken promises

Orion would have had detail knowledge of the company’s financial results to 31/12/2022 when renegotiating their finance agreement -days of due diligence would also have been carried out and everything turned over with a fine tooth comb-(try borrowing from any bank without having your finances examined in detail)to assume the published accounts to the year ended 31/12/2022 came as a complete surprise to them would be extremely naive.

The going concern audit qualification is standard for any company renegotiating finance at the time an audit report is signed -mainly to protect the auditor from being sued if things go wrong

Very interesting investor conference call-let’s hope the new CEO can turn the “Fortunes of the company” around.

Don’t tell Bushy -he is in copper production denial

Sotolo-suggest you read the latest WPIC supply and demand data for platinum on the Matals Daily website -predicts a million ounce deficit for 2023 which is currently being covered by above ground stocks which can not last long.-the price of platinium especially can not defy supply and demand fundamentals in the medium/long term and could reverse very quickly.

As I have said before until Karo actually produces PGMs this time next year the current price is not relevant -what will it be this time next year? Also due to the current low PGM price investment in new mining projects are more likely to be put on hold leading to deficits down the road-new green solutions are also being developed which require PGM input

Great to see all the news about the port and perceived future high demand for high grade iron ore.

Fingers crossed that Glencore and the other major parties actually do something to realise the project potential and don’t just sit on their hands

Always suspicious when people such as Buttermilk register and then only post “negatively” on one share on which they are apparently an expert -Connected to Bushy perhaps?

See Bushyfailed and his aliases are back to full deramping mood.The only reason the shareprice has fallen is due to the fall in PGM prices -SLP and THS are also falling due to this .The WPIC have today stated the platinium market is in deficit -the price can only ignore market fundamentals in the short term.Chrome and copper prices are holding up well.

There is no evidence that copper production in Zambia is not on track now the water and power problems have been addressed .The UT price is a false low

Unfortunately most LSE discussion boards have a resident “clown” whose sole purpose appears to be to wind up and insult genuine shareholders who want a company to succeed .This Halfmanhalfgoat character posts upon very similar lines to Bushytailed on the JLP board and Pan Ltd aka Columbo on the GLR board

Interestingly there is some clown on the other board called Baldrick who is spouting the same unsubstantiated drivel as Bushyfailed here.Coincidence ?

Bushyfailed -let’s see your calculations to support your claims of just more unsubstantiated hearsay

You obviously know a lot more than the likes of WH Ireland and the company’s bankers etc etc and the profitability of the company’s future profits.

What’s happened to your prediction of 700 tons of copper production?

Most PGM producers shareprices have fallen over the last couple of years due to lower PGM prices and power problems in SA- (just look at THS and SLP) I ask again why is Jubilee getting all your deramping attention? Hum!

Bushytailed-stiii here spreading lies and disinformation-what’s wrong with you-Perhaps Leon stole your tuck money at school -hum hum