A post Cj1986 FROM 2023!17 Apr 2025 17:01
Just to prove that Cj1986 here's a post of theirs from 2023; it is almost word for word the same as their recent posts here. It reveals their deramping tactics and tropes pretty clearly.
am invested here, average at 5.8p, so I want nothing more than for this to rocket up to 50p+ and to make a pretty penny, but alas I am hugely frustrated with 1. The poor SP performance off the LP news and 2. This ridiculous nonsense from so many here that we are in for a straight easy ride up.
I wish we were, but experience from this share, RKH and others is telling. I can easily foresee a capital raise now we have LP in place. I don't want this and I feel personally the risk of selling to buy in lower in too great, in case my gut feeling is wrong, but a big dose of reality checking reminds me that if I were CEO of one of these companies my first job would be to ensure the life of the company and my own salary. Right now, a capital raise of say 3p circa 350 million shares would raise £10 million. That puts the business, the CEO, the board, the Heron workflow, the exploration drills, the BS dealing with Mongolian land laws all at the back of the mind and takes any heat away. It also represents approximately a 25% dilution, thus the 5p - 6p range sets a new floor at actually being 4p. The mcap would remain around £60 - £70 million, and then from there we start to get all the news flow and progress knowing we are FULLY funded for years to come until we have true and regular cash flow.
I've seen it time, time and time again, so it wouldn't surprise me one bit and that's why at my 5.8p average I won't be jumping for joy until this has all been acknowledged and answered by the board. Again it's not what I want, I want zero dilution, but I just can't see it being the case and perhaps that's the reason for the ridiculous non-existent SP performance, as the market and big boys all expect this type of action to follow?'