The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Very very good interview there folks, significant rerate on the cards for sure now !
"What contracts ? There are no contracts"
Quite simply - you don't know that
Wait for those RNS's to land confirming contracts, and they will land, just when not if ;))
I would have to agree there.
In a way I'm glad as I was sick of the constant RNS's confirming bond conversion after bond conversion with what must go down in history as the worst ever financing deal by a CEO of a listed company ever.
On reflection the company was likely finished the day they announced that stupid arrangement 12 months ago, and regardless of whatever they claimed was in the ground, extracting it economically is an all together completely different matter :((
ENET currently 10th on risers board
Very oversold now, expect a surge of buying soon in anticipation of news imo
RMCP
" I know I’m right Tomorrow morning RNS and you will get 170 of this😂 "
Looking a bit silly today aren't we Santiago haha
"Placing tomorrow morning"
So you see a placing coming here but didn't see the RNS suspension and administrator's called in with SED coming. Funny that haha !
Tried selling any of your worthless shares with SED today? Oh of course you can't because they were suspended after the administrators were called in. Perhaps concentrate on your own bad decisions eh?
"I will definitely have more chance to get my money out from SED then you here"
Keep saying that in your sleep and you might actually start believing that. But belief and reality are 2 different things aren't they eh? ;)))
Not contract news, BUT what is interesting is the biographies of the 2 NED's, their background and history!
Well this is certainly interesting, remind me where the share price is right now? Lol 🤔
I simply can't believe that this is less than 4M Mcap given the progress Ethernity has made. 20M Mcap would still make this extremely cheap!
Virtually nothing left on the ask at 1.05p, next stop 1.20p :))
You know it's coming, absolute bargain right now!
A good day here today, primed for both the ask and bid to get back above 1p :))
Another meaty 13.3M buy just gone through.
Have also picked some more up myself down at this price GLA !
Quite a few largish buys today mopping up sells from weak hands.
Having re-read the RNS today I'm actually quite re-assured by the plan being put in place to deal with the debt, something which has been hanging over the company for a long time and has continuously hampered the share price.
Even if diamonds come after end Feb, the money from sale of parcel, potentially 10-12M (conservative) would go directly to Vast as debt already paid, so all things considered, they are actually going to end up in an extremely favourable position.
An award of a mining licence to coincide with the parcel would also be the icing on the cake - GLA
Including Johnnybegood , babblers et al will be busy buying this morning taking the shares off weak hands but not before they've tried their best to trash the company on the message boards haha
Lots of positive details in that RNS and a plan in place to deal with the debt either with or without diamonds :)
Looks like today was just another massive P&D unfortunately, but will probably help the bondholders though :((
"ASI we will speak again at £25m market cap, make sure you have the decency to admit i was right. Deal?"
Lol, they may have to admit you were right sooner than they think :)