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Great post RedKnight-keep posting and ignore any detractors is my advise to you.
Still shell shocked at 25% drop in 2 days.
Like you this to me makes no sense whatsoever.
One day the market will wake up and smell the coffee.
Just wish i knew what was happening behind the scenes.
I hope DC's charm offensive in USA will help us pricewise.
I could understand a 25% drop if things went tit-s up but not when they gave us a stonking PFS.
I also remember when they announced a delay to the PFs and share price got hammered..
we cant win.
Sniff of a smelter finance deal and we will be back up there where the price belongs.
A really good and informative presentation yesterday by the team.
A breath of clean fresh air afte years of NM twittering on.
Am I surprised at market reaction today?
Yes I am.
Can I understand it? Pragmatically no but investors clearly want a quick turnaround for their money.
It wont be long before Majors are running the slide rule over the PFS numbers and believe me it will only take 1 approch or hint of an approach from a Major and you will be looking at 3 times current price.
Not nice to see the drop but remember what Solg has just told the world.
Q
OC remember the press saying June will be bid month probably by our 2 largest shareholders.
If it is them they will soon fall out as where money and power is concerned there are no friends or allies in business- especially if you are a mining powerhouse.
Good Blue At v bad Red At brigade
Fascinating to watch on L2 so much activity-it certainly is a day for trading.
Fundamentals have not changed in fact they are probably stronger since PFS RNS.
Almost 3 weeks of rises so its ok to give a little back.
Question for me is dip my toe in now or wait for the hoped for rebound on Tuesday.
Think I'll go in.
GLA
So we have the bounce which is certainly looking sustainable.
As info the nearest MM to the action is Winterfloods who are offering to sell at 40P
The other6 MM's are all congregating around the 40.25 p mark.
Feeling pretty confident that there will be daily price rises -no matter what these are that will carry us through to PFS.
make no mistake house brokers already know whats in the PFS so if they do then all the MM's do.
I do not think after 2 years delay the PFS will let us down.
Bring on WEDNESDAY 20TH APRIL-the date that will accelerate the bidding war.
it looked very good for much of the day.
The MM's play hardly any part in todays trading.
They are well down the order on the buy/sell prices they offer.
Today has been totally controlled by DMA algorithms.
Despite larger buys than sells the dreaded red AT's were active at the right time catching our friendly Blue AT's with their pants down.
We broke the 40p barrier and that was pivotal.
I will be very surprised if there is not another bounce in the morning.
A I said previously this is going only one way and we all await the PFS.
Thanks all -yes I am fine appreciate your replies.
Stayed off the board for a few reasons but the one that bugged me most was the unnecessary infighting.
I respect 95% of posts but I never or try not to be rude to anyone.
We are all looking for that major payday and I am so excited at whats been happening this last week i just wanted to tell peeps how I am feeling.
Thanks all.
BUT I can at last feel that with 8 blue endings on the trot we are at last in Bid mode.
PFS can happen anytime from april 1st and it will not be a fools joke.
DC is a serious operator.
I will be the first to admit that initially I had my doubts but behind the sweet smile the guy is as hard as nails- does not suffer fools and is 100% shareholder orientated.
He demands shareholder value from his team.
This man will deliver and take all us LT holders to the promised land, and within a relatively short time from now-I am totally convinced of this.
Solg are up for sale and every MAJOR IN TOWN knows about it.
I am not at all worried about a lowball initial offer from BHP NCM or a joint offer from them both.
The Chinese have bigger pockets than both those 2 minnows put together.
I see a price around £1.40 to £1.60 that will allow shareholders to sleep peacefully at night.
After all over the past 5 years we have had our share of nightmare situations.
GLA!!!
Boohoo are regarded as bully boys by Leicester manufacturers.
Simple as that- the perception is no longer that the company is held in high esteem.
Boohoo has to start giving decent work at fair prices to leicester.
No good giving the last few surviving factories orders of 500 /1000 or 3000 to test on their website for sales.
If the sales ar good they ship the order off to China .
That helps no one.
Their own inflated image of themselves is being dismantled by the market.
Yes it will recover and I will dip my toe in but for now I am not touching it.
Boohoo must bring back manufacturing to Leicester factories.
The cost of importing is sky high eating away at profits.
Leicester had 1500 clothing factories 12 months ago today barely 300.
All Boohoos fault.
Bully boys
They need teaching a lesson and the stock market is giving the a good caning today.
I would love to see the share price fall well below a pound.
That will force them to bring manufacturing back to the UK from china and Turkey
Snugg- until a bid is made public no matter what Solg do the price will stay where it is .
This is blatantly kept at this level as past few trading days have shown.
Its not rocket science-place a sell AT and the price will drop-end of.
Manipulation at its finest led by someone we do not yet know.
BUT it is all done in anticipation of a low ball bid.
Well I for one am very happy with Dazzler's appointment.
Clearly got the pedigree for the job and as he was on £1m pa in his last job I guess we are paying him handsomely for his services.
My gut feeling is BHP will have a Director appointed to the board and then an initial offer will be made to buy us out.
NCM will counter and I see a full blown bidding war developing soon after the PFS is released.
All the ducks have been lined up but which predator has the straightest shot.
Its been a long long tedious wait.
The AGM will tell us a lot as to where NM is ploughing his furrow.
Twiggers letter re BHP took a lot of guts but clearly he knew what the outcome will be.
If I upset you Mr BHP -punish me by buying us out and I will be on my way.
Let me tell you Twigger is a cut above the rest.
£1.50 t0 £2 beckons once all the regional drill results are in.
So looking forward to the new year.
Zoros- is GGP any better? I know you are a shareholder there as am I.
After the RNS last tuesday and yesterdays action I was staggered by the MM's response.
I hope to high heaven when we release our PFS we dont go the same way.
5 years I have been here now and still a believer.
Just need to name a new CEO to get the ball rolling.