I watch with interest20 Dec 2018 09:33
Just listened to the latest podcast between TM and JW.
First impressions are that the” love in” between the 2 is obviously not the same. I thought it odd that Justin ended the podcast by saying “I hopefully will speak to you in the New Year” - Of course he will speak to him unless anything sister lies around the corner so why say hopefully?
I thought TM rambled a lot (actually loads) saying “You know, you know” over and over again. I don’t believe that short term holders have fled the nest (4 years holding) and now its’s just long term holders that are left in what is a growth company. Where is the growth? Justin never asks the difficult questions but then I guess the companies that come on VOX Markets pay to do so, on the condition that they are given an easy ride – not ideal when there are burning questions that need to be asked. He made no reference to THE TWO RNSs that decimated the share price long before the excuses of global slump and copper price falling. It’s only fell 50 cents from its highs!
Many investors knew about the RNS delaying the BFS hence the selling prior to its release and it would be very interesting to know who they were that was selling.
My honest opinion is that TM is desperate to sell the company or put it out with a joint venture. The early reports of the BFS which were due in September obviously did not come up with the required numbers and now it’s a desperate flurry to try and sort this out – hence 6 months more drilling. I do hope it comes right as I am still invested but have reduced my holding somewhat but I remain sceptical about the future and it took TM 22 mins to actually say nothing about the real reason why the SP has fallen so much and continues to head back to 2p maybe….who knows?
I watch with interest.
Sign In
Follow the stocks
