Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If you want to go short - try ig index
If you want tomgonshort - try ig index
@PaperTiger
20p is about fair value for your opinion mate.
Off you fck
Wildtiger - binned for being a deranged, doom mongering, short position hedge fund shill . .
“20p incoming - get out while you can!”
What f’in clown 🤡
Member since 04.01.24
All posts on PFC.
All putting forward the short position argument with little actual corporate analysis.
Hmmmm . . . 🤔
Nah, blocked. Obviously a C U Next Tuesday
Been engaged with this dog shït of a company since the Gatwick gusher.
Was a massive supporter. But seen so many failures of delivery and pïss poor performances by management team I lost faith A LONG time ago.
The inly thing UKOG produces is share certificates.
Billions of them.
Annually.
The inly thing that this company does is fund Steve Sanderson’s life style and penchant for garish trousers . . .
Feckin’ joke.
Will never make investors (PIs) a penny.
Sell every day with a ‘y’ in it . . .
@Pablo121
There is no way on earth that banks are going to price new debt for PFC at 40% yield per the bond.
You’re detached from reality if you believe that.
I think that you went to the clown school for finance. 🤡
@PaulCurtis
Obviously you’re struggling.
I’ll use short words to aid you.
To exit, the shorts will buy shares at a higher price than they sold them and therefore make a loss.
This will in some cases cause poorly capitalised hedge funds to fail. Which will be unfortunate, but I will survive.
Are you so plain dumb or just wilfully ignorant that you can’t understand that?
@PaulCurtis
F’me mate. Me thinks tou have the cart before the horse sir . . .
Clown 🤡
@PaulCurtis
The short position hedge funds are going to have to lose on this bet.
Marshall Wace are savvy. They won. They’ve exited already.
I do not care a fig how the shorts exit, but most are going to bleed through their eyes and cough up major organs to get out of this bind they’ve got themselves into.
That is what will happen. Did I mention I spent three years at uni with Aidan . . . ;-)
@PaulCurtis
Short position hedge funds can and are most likely to go pop over this.
Particularly poorly capitalised ones like Helikon.
Managing partners there must be sweating rivets.
All that personal equity / liability on the line.
No wonder they are throwing EVERYTHING at this.
@PaulCurtis
Shorts dont tell the board when to do a RI
The board has no obligation to the short position hedge funds. Zero. Zip. Nada. Ni chevo.
If the board can raise funds through asset sales and nifty financing options they will.
When they listed their obligations in the latest RNS the stakeholders listed DID NOT INCLUDE SHORT POSITION HEDGE FUNDS.
You’re talking through your hat mate.
Worse things happen at sea
You’re the right side of the grass
These things will come to pass
. . . platitudes.com
Is actually more likely thank 0p
PFC will not fail, although those holding short positions will try everything to convince you it will.
Other, less honourable types, will know this but still trash talk PFCs future, in the hope of getting a lower entry point.
So, always try to look behind the motivation of all those trying to convince you that to sell now is the right move.
Ask yourself, why do this.
Anyhow, all this will come to pass and PFC will continue. A RI at some point 100p+ is a possibility to further bolster the Balance Sheet once the initial triage has been applied.
I’m holding long, 22p average, will be cashing in my chips oce 150p is achieved.
Good luck all LTH 😊👍
@PaulCurtis
So, given your argument being that we (mere mortal) always know less than the omnipotent hedge fund managers, they are always right, PIs are always wrong - how do you square the circle of Marshall Wace reducing their short position at the same time as Helikon increasing their position.
Surely one must be “wrong” and fallible, rendering your argument void.
Just sayin’
Excellent post Slift. Thougtful analysis. Very helpful 👍
Marshall Wace have left the building.
Only the amateurs left now.
Have the sense that some of them are going to get new 4$$h0les ripped for them . . .
🍿 🍿 🍿🍿🍿🍿🍿🍿🍿
. . . that a few, who were flying their short positions naked, quite possibly soiled themselves when they saw the RNS flag pop up 🤣😂🤣😂
@Downbutnotout
There will not be a placing at these SP levels.
Once PFC have delivered on short term liquidity management actions (any asset sales and negotiation of additional financing), the SP will recover and stabilise at 80p+
Any further contracts won will move it smartly along to over £1 if not further.
The short positions will fall away and PFC will be free and clear.
Then and only then will management consider a placement, if any is required at all.
. . . have INCREASED their short position today . . .
Because nothing would give me greater pleasure than watching PFC blowing up their tinpot fund like a StormShadow on the Kerch bridge. . .