Member Info for RazorShultz

Goatman it's really not hard to look at a share and say "I predict it'll go down". I could do that with every share I've ever invested in sadly, and that doesn't make me nostradamus.

Cinder I really don't think Orion would have entertained the idea of a finance deal if they didn't think they'd get something out of it eventually. They are experts in financing mining operations and they probably don't want a stinker on their track record. They probably believe it can be turned around.

No there isn't wildtiger you lying pillock

Indeed. Some of us have been here quite a while, here's to the future. I'm hoping we still have a very long way to go upwards.

The new CEO doesn't want to embarass himself and have a blemish on his career history by going into a company and have it collapse a few weeks into his watch. Presumably he thinks he can actually turn this around and get something done. He doesn't seem like a typical AIM lifestyle CEO.

And what after that? It wasn't too long ago people on here were saying BMN is a binary play, either the Orion financing goes through or it's all over.

We've moved on from that, and we'll move on from the current situation too. And if in the end it turns out in the end I'm completely and utterly wrong, then I'll lose money I knew I put at risk. I can't blame anyone else here for my investment going wrong, I looked at the company myself and decided to invest.

I think Alfa is right, it's very often that AIM companies are undervalued and trading at a discount to the potential value of the company, that's all he was really trying to say.

It also has to be said that staying invested and not buying high and selling low is what makes the difference between good investors and your average fool. I don't really see an issue with what he posted, seems pretty uncontroversial to me cindercone.

And yes, I too am very mad at what's transpired and I'm glad we have a new CEO, but all we can do at the moment is wait

SB2023, you earlier said "no news on the orion financing means I guess this won't move until we hear some news."

Why would you post that, and then follow up with "I thought CC said the refinancing of the orion convertible loan note was done".

Was it that you just forgot to switch accounts after making the first post?

"it is nonetheless comforting to know that I’ll be able to follow the sorry saga unfolding here for years to come"

I got a really nice chuckle out of that Goatman. Here's to many more posts to come about the sorry saga!

I'm not up to speed with these cool twitter guys, but if word is getting out there and we'll be moving up, I'll welcome it.

Hopefully the upward trajectory will continue

Other people may correct me if I'm wrong, but I believe the energy company is no longer being spun off.

SB2023, with the current price there's way less downside risk than when i first invested in this company. I'm holding, as the fundamentals are still positive. New CEO came in recently and that was a big positive change. We're all hoping he'll turn things around.

My fund strategy is passive as well, which is the bulk of my investments, so we're similar there.

Goatman, believe me when I tell you most financial advisors are not experts on share investments.

Consumer Duty has nothing to do with share investments, it's merely an enhancement to the Treating Customers Fairly and Vulnerable Clients principles that were already in place. All it really means is you have to act in good faith, avoid causing foreseeable harm, and to support your clients in reaching their objectives. These relate to products & services, price/value, client understanding, and client support.

Goatman, most financial advisers steer well clear of talking to clients about direct share investments. Most of them aren't even authorised to do so, so they avoid it like the plague. That conversation you cooked up is a pure fantasy.

I agree, people on this board spend too much time talking about each other rather than the company

With a stable cost base it should have the ability to pay dividends well, this might be an income play rather than a growth one.

Wait up, I need more funds. Just opened my first small position here a few days ago, and after massive declines in all my other shares, good to see something performing.

Good points Faramog. Can anyone confirm if our new CEO is living in a safe, high-walled compound with security or something like that? I want to know he's planning on living a good while yet, we all know how dangerous SA is.

Just watched the JW interview. Great stuff