Member Info for RustinCohle

I was reading the doom sayers messages in here on one screen while watching oil price 5m chart on the other.

Suddenly it dumped $12 in one candle, never seen anything like it.

Anyway, final top ups here went in. You take a risk either way. Good luck all.

I believe they are delayed/late prints from around the open (just after 8am), when the price action was up at that level. Looked at the trades on here you can see the time stamp is 8.01am.

Nothing sinister.

'hurting the share price'

Have you looked at a chart of this thing?! hahahaha

Could have sworn you were saying this at 40p just a week ago too? lol

Wonder if popping the £100m mcap a few weeks back helped, since some institutional buyers supposedly have that as a minimum level that they're allowed to invest in. No idea if there's any truth in that personally though.

I wouldn't waste your time MT.

You get some right sad cases on these LSE boards - I feel a little sorry for them these days, must be a very dull and empty life to keep coming on here doing what they do.

Better to not have a mining license than to have one according to this stupid market.

Some of you lot are far too emotionally unhinged here haha. Jumping up and down trying to time the market from hour to hour.

how is it burning more cash to have a delay? the deal is backdated no?

So any extra time taken to the deal to get over the line is time that we are receiving payment for anyway.

there's not enough interest from them to do much of anything really. When you consider they're just punting away all the operating profits on one rubbish drill after another, I'd almost rather they just stopped bothering and kept the capex money in the bank. Cash in the bank would be double right now if we'd just sat on our hands, then triple if we did so again for the next year.

I know you've got to speculate to accumulate and that the output rates are falling off, but we're throwing millions away on nothing year after year.

I dunno, I find it a very frustrating situation considering we're making good money but not keeping much of it or making any advancements operationally

i don't disagree, where do you get cash balance of £10m please?

RNS says $8.8m as of end Sep - Which is £7.3m

maybe the market just realised the company has four whopper stones with approximately the combined value of half the current mcap lol

all these rare stones we've found in recent weeks, you'd think there'd be a wedge of cash to buy even more shares back with than originally intended, especially as price gets cheaper

I don't understand why people on here keep moaning on about the profit margin note being enormous.

Take Deliveroo for example, that's loss making but has 5x the market cap.

SHI is profitable with outlook only getting better and better, it's right there in the RNS

nah, that's be a bit dumb. Far better to wait till the bid is at 10/11p

i think he was positive

positively useless

so he invests £2m at an average of £1 sp ish then tanks the price to 14p on purpose as part of his diabolical plan

Makes complete sense.

indeed, it's embarrassing really when people can't take their hits.

He's not replying to emails and not doing PR and didn't want to do the pres yesterday all for the same reason - He hasn't got a single clue what to do about the mess that the company finances are in. Clinical trials aren't going through as quick as hoped, he has no funding facility to draw from and can't raise capital. Why on Earth would he want to speak to investors about any of that ?!

crl123 you have called this whole thing literally as incorrectly as possible so far, which to be honest many of us have.

What's unbelievable is that you continue to assume you know just what's going on, despite all evidence being to the contrary.

to keep logging into a website on a share you don't want to own to keep telling everyone else there that you don't want to own the stock.

What's the problem guys, disgruntled ex employees? Previously burned PIs ? Either way you really ought to get on with your lives. You won't be affecting anything droning on and on here lol