Member Info for Mooching

Sentiment

I'm actually dreaming of a placing I can SELL into. I'm also hoping these recent comms were not their pathetic attempts to pump the the price to get another raise away, otherwise we're looking a catastrophic dilution event down here (or lower).

Come on DL, let's have some X hype to give all a half decent exit price!

Are we still sticking with these theories for consolidation?

Or do we once again refer to Occam's razor and assume it was for dilutitive reasons only?

Exactly that Chartarex. Nailed it. That's why they find 'reasons' to raise. Most probably will go on the building of a new road, but there's also a lot of 'gravy' in the cash raised; salary, cOnSuLTaTiOn FeEs, cheap shares for mates, commission for city boys, legal mates etc etc.

That's why the price has dropped, not just because of the extended timeline for assays, but because everyone knows what's coming before then.

Those who think they won't do it until the price rises again are thinking like investors. These people are not investors. They have ZERO interest in how much you get diluted, as long as the gravy is still being served.

Said it before and I'll say it again, I'm only hoping there's another ramp before the raise for me to get back out on, but the lower this falls the bigger the pump is going to have to be.

@Copperhands

Feeling 'cheerful' today? Thought not.

If you're happy being cuckholded by management whilst adding to their gaslighting, then I'm happy for you. Just don't expect the rest of us to be.

Where did we say the next support was, 35p?

See you there.

AI is exactly that, Artificial Intelligence. I've found it to be wrong about a number of things.

We're still at the ZX81 stage of development.

2nd military of the world still not taken 100% of Pokrovsk, since June last year!

How's the 3 day SMO going...4 years later?!

Doesn't matter how you slice it, this is a complete embarrassment for Russia, turning into an economic disaster.

Putin, the master strategist. Ha

Wouldn't wanna be out of this for the weekend 🚀🌜😉

See you all again next week for the next instalment of 'Waiting for Geo'.

Manners = Respect

A commodity rarer tha Gold these days.

I see these volumes (750k and 350k) match trades from yesterday, after close. Not going to pretend I fully understand, but I'm guessing they are OTC trades to clear the outstanding debts, hence the price drop...now that new equity can be issued?

Bg

If EVERY company listed had EXACTLY the same number of shares in issue your argument might make sense. This is fundamental stuff. The amount of people putting their money on the market who don't even understand the mcap/share relationship is concerning tbh.

Quite sure they were sells, hence the price action. And also quite sure they are insti related given the volume and relatively low price they were prepared to accept. No need for RNS, unless it involves a TR1 notification.

This (and any other 'overhangs') will needs to wash through before RTO completes and we see a reset to a more realistic price. Imo

Obviously everyone's happier when the price is rising, but for a bit of context, I was predicting a doom scenario of 0.7p last week, we hit 0.6p, so are now only slightly above my worst expectation.

Better? Yes, but I'm hardly getting carried away...yet.

I thought I was getting a good buy-in at c1p, lol.

I've always said I believe there's gold and it will come good, or I wouldn't have put so much in here. But really not enjoying the journey tbh!

James

Fair enough, but when the Bod (for apparently no reason) suddenly go quiet, yet press ahead with restructuring , without any clear strategic communication, this drop should have been anticipated.

So they either don't care, are lying, or it suits their agenda...whatever that might be.

Like I say, we don't know, it's unfortunately not just a case of waiting on assays. If it were, we wouldn't be back at 0.6p (old money).

B-

Spelling and composition needs improvement 😉

'To the moon baby 🚀🚀🚀'

Or

Dead cat bounce?

Either way...what a s h I t show this is!!!

Completely understand that Roadrunnr, and I know we are all told vote yes or the shutters are coming down.

What I'm not getting is, I thought the additional shares were part of the new structure, and if that is the reason, why now, at 11am this morning specifically. Why not yesterday when the votes were passed?

All a bit odd tbh.

🚀 back above 60p

😅

Well, the rate of decline has accelerated since consolidation (as expected) so we might see 40/50p by week's end, nevermind year's end!

While were waiting for the next hammer blow, thought I'd lighten the mood with a bit of sardonic humour.

A few weeks back, when we were all still full of hope - pre-consolidation news - I had to change my PC password in work. I chose 'Wishbone50p'.

I know, mad isn't it? Just shows, 'dreams' do come true 😂