Member Info for sj74

Yep can't argue that about Kosovo, none of the drill intercepts hit anything of note.

Hopefully it will be post GAMP PFS/EIA the funding. I suppose another reason for delaying the PFS for kallak and enviro permit application is to negate the need for a fundraise by around now in this poor market.

I'm not sure what I'll do yet, it depends on just how good the upcoming PFS is going to be for me..

You can't say nothing is going on, so much environmental work.. it's not like the early exploration game where it's the case of drilling some holes, announcing exciting results the SP flies. SP just doesn't fly on amazing noise,dust,water studies lol..

There are a few here sounding desperate, and it isn't the long term shareholders. Strange that.

AO shorts were around 6% from Jan 2022 then. Gradually declined over the next 6-12 months as the turnaround came to play.. the shorts didn't last long in AO as the company started to post gradually more and more.positive trading updates. The same will happen to ASOS if company delivers what they say they will.

Ok, it's not lost here though. You may be right or I may be right. We don't know yet do we..

The AO forum at 40p was doom and gloom, going bust etc etc declining revenue too much competition bla bla. Now look at it. The revenue has declined, they've lost customers yet they are leaner and making alot more money and the SP reflects this.

Another good one to look at is AO, revenue has fallen the last few years, installed a turnaround and have now transitioned into a profit making company.. revenue is still not as high as previous but discipline operating model has resulted in a SP low (where they had to raise funds) of c40p to now SP being nearly 3x higher. No reason this can't happen to ASOS given time and improving trading updates for which the company are guiding towards.

Chill dude, stop fretting :)

Last day of FY24 tomorrow.. FY25, if guidance is reaffirmed promises a return to growth, new operating model and substantially improved margins. Just turning that corner :)

Decent update yesterday. Hopefully this PFS will be compelling and EIA aswell. Finland project is the best near term project we have to give us some momentum..

If anything it highlights the potential of a successful turnaround..

I suspect we need to wait until Oct/Nov to understand whether this is turning around and maybe give some clues as to why the SP got so high... Zalando is good to look at, 2.5-3x rev of ASOS but market cap 15x higher and revenue hardly grown in the past 2-3 years and PE ratio of 43.. if ASOS can get back to just a fraction of this the SP here will explode IMO. Zalando model and discipline was much better than ASOS over the past few years. ASOS working to rectify this..

Let's see eh ;)

Yes otherwise I wouldn't of bought in here lol.

Say what you want, makes no odds. It either turns around or it doesn't..

However, ASOS expect the company to have returned to growth June-August and guiding for a return to growth for FY25 so we shall just have to see if that transpires. No company guided for negative revenue for the last couple years to get the company back on track... They are now guiding for growth :)

Yesss bruv

This Bot profile will also be the same profile telling you all this share amongst others will make you millionaires in the not too distant, at prices most likely many multiples of today's price.. ;)

Guys, can we show PP1 a little respect.. it is coming on here in its own time in a share amongst others (to which they have no ownership) to share it's wealth of experience..

We should all be grateful and heed this great advice.

Ps. Once sold get stockopedia as that will tell you what shares have gone up and what could have been with the benefit of hindsight :)

It certainly won't harm revenue for the start of FY25.. hopefully it resonates well over there.. India is in the beginnings of the transition to online.

Https://www.google.com/amp/s/m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/reliance-owned-ajio-expands-its-fashion-portfolio-with-asos-marking-the-british-brands-debut-in-the-indian-online-retail-market/amp_articleshow/112742129.cms

Yes decent response :)