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Sorry stand corrected but he must have adapted to their ways else he would not have got were he is note his resignation 18 months before his old company went bust owing 750 million.But some are born lucky.
Even if price goes up no one ever lost by banking a profit.If your in profit forget sxx and dont think how much more you COULD have made it will send you daft so be satisfied and think of the poor buggers who got shafted
If AA do buy it will the yank way for profit with non of the nonsense cf indulged in.cut staff no frills and forget charity donations.Cf will get a pay off but no matter what they have promised him it will be a yank and not an aussie calling the shots and he will be out the door.Yank and other types of management do not mix oil and water
Thought as much would not have been 3.5 if sxx worthless.7k at 4p in so at 5.5 got me 500quid back from first time round but sorry for you chaps but it is not going to get any better.They have only done this to pre emp a bidding war on insolvency hope I am wrong and they might up to 6 but it's not worth the risk in waiting but hse
Marx found the only real way but it do not work so we wipe ourselves out with greed long before interstellar travel and the next lot to inhabit the planet will not be bothered about travel,happens every were in our universe darwins principles are universal.Hope for 10p before then hse
If yanks stopped uping their national dept and gave sxx the cash we would get the 250mill in 2 months.scarey but true
Recon the market has priced in big dilution and 4p is a safe price to enter.If the stock was wipe out we would not have 3.5p.wipe out is to messy for creditors who will see a loss.recon any one in at 4p will see profit but still feel sorry for 10p or above buyers as I think it dream land or long long time down the road to get above that but hse
A management that explained and kept every body in the loop its bosses who ruin a company in 99% of the time
Plus a work force who saw common sence and worked with a good management
Recon any one like me who came back in at 4p will profit at over 4p in the end and get me 500 quid back I lost first time round, even with massive dilutions in fact I am uping from 7 to 10 k but still feel for them on big PAPER losses.Recon that is the risk the market is pricing in.its still a fair punt at 3.5p no more than 4 to one at the bookies
How long do you think this new mine machinery will last? No were near what the old ones did.In a mine life of 100years?
Yes old machines but far rated above what they had to do,modern stuff rated just about what is asked of them.Old machines you change parts new one you change the lot any way if no value in sxx why still at 3.5p hsi hope springs eternal
I hope it was not a kid and its just trumps russian dealings though a German bank that in effect is bust and the national bank has not got enough to bail it out is the real reason what a relief
Trillions on arms and a kid in his bedroom might have brought the world economy to the brink of collapse,what a to do
In September the repo rate in usa which governs the world rates went from 2 to 10% over night and no one new why and still dont.the fed put in 500 trillion overnight to bring back to 2% because if they did not the next day banks would have stopped lending everywhere,makes you think dont it.sxx 500m seems small change.just musing
Let the creditors bankrupt sxx to get what ,a load of second hand machinery almost worthless off site and a load of bad publicity they want money not trouble, Cf is a financier it's his home turf.A site manager ,security and Maintenance staff mothball the site and wait till a good offer comes and the sp goes up as it will in time but they have to face reality and be ruthless.
Cotton wool the site cut to the bone except Maintenance ask investors for the basic tick over cost and watch the wolves outside the gate starve till they offer a good deal 3 4 or 5 years just wait and we will get more than 3.5p long term yes but the world will want it more then.its in the ground and not going any were just sit on it like any long term investment but they have to be ruthless in costs especially with the board the money they have now could last a lot longer than six months.250000pound Grant's to a good cause?? From a business facing insolvency bloody madness,the games not over yet if they face reality.
Bond market inverted?,quantative easing in a economy doing well? Us banks turning down free money?26 trillion in derivative bets swilling about?every man woman child in usa owes well over 100000 bucks each on federal dept,negative rates in a world economy doing well???,stocks breaking all records on borrowed cash ?central banks with no tools left to fight?the next crash is not going to take billions but trillions and trillions and trillions?the world is floating on dept and we ate printing more and more and more and more like confetti,sxx only hope if we are not deluted to nothing is to hunker down become a shell and tick over with those will to provide seed money,put it in mothballs and wait,and mothballs means get rid of anything not usefull including 95% of a crxp management the sp will improve but very very slow.I am off to take me tablets and put me money under the bed.