Member Info for skier1

Lol. Just go back to 2018 and read the LSE comments from certain posters when SXX was hovering around ~40p. Ridiculous funding, ridiculous shareholder dilution, ridiculous tunnel... The red flags were all there, clearly visible, and have all been well known for a couple years or more.

You folks can't really blame the CEO for your own greedy "investment" mistakes! Fraser was just putting his best foot forward. CEOs always talk-up their own shop. Lots of posters on here were pointing out at 40p (in the face of considerable abuse) that SXX was (is) a dreamer's share, and there was no way the company had the skills or cash to dig a massive hole bigger than the Channel Tunnel that took 20 years and 2 powerful governments to complete! Attacking the CEO does not change that you folk bought a lemon.

As predicted, UK airlines (like BA and Ryanair) are starting to cut hundreds of flights, while mulling unpaid leave and more job-cuts.

With the Dow soaring +600 points today, but EVR plunging -4%, that is an extremely bearish signal. With it going ex-divi, after the bad results and Chairman / CEO cashing out millions, the 250-300p range looks inevitable as the next stop. This is falling so far, so fast, some charts suggest the collapse will not stop until the 50-100p range. So many red flags here.

Con roy and his "workers" have grabbed over €4 million in fees and salaries from KDR alone... Add several million more for CGNR... They ain't gonna be digging up pink (or any other colour) diamonds for many more years yet ;-)

Looks like the Dow is gonna slide another 200-500 points. OECD forecasting global recession has crashed the market.

Need to start thinking about FTSE 5,000 and LLOY 20p here.

This could hit 0p by Weds! From 40p a couple years ago, when the red flags started appearing here. Incredible drop. Almost unprecedented in modern times.

If the Dow opens badly down, EVR could slide into the the 200s this week.

FTSE soared 200 points at 8am due to likely Fed rate-cut.

FTSE fell 150 points from there at 10am due to OECD saying an EU recession is pretty much inevitable.

The market wants to rise... but there is just too much bad news out there at the moment.

Up she goes.

Good RNS...

Just got an alert that Cathay Pacific is cutting its flights by -75%, and sending 75% of staff home on unpaid leave, due to the China death virus slashing demand.

Some of the tales on this forum are mind-blowing!

Who the hell throws £155,000 at a tiny startup with no cash trying to build something bigger than the Channel Tunnel.

It was obvious from 40p that SXX was a lemon.

The naivety is just mind-blowing!

The clock is ticking down to zero...

Think it is time for you folks to step up to the plate and accept the losses like a man.

Piling cash into a tiny firm that wanted to build a giant Channel Tunnel was always going to end in tears. It was always one for the dreamers.

It was clear from 40p that SXX was a dead duck (see prior posts), but few heeded the warning signs.

Now it is at 5p, and folks are still arguing about the price!

Time to hold your hands up, admit you bought a lemon, suck it up, and move on.

It's over.

Talking to someone who flew out of Luton today (airline unspecified). Some ~80% of the passengers who had bought a ticket did NOT turn up. That suggests massive cancellations.

Yeah, it's all jackanory, mate. They just pick up a new colour every few years, like orange or pink, pick a fresh word implied for diamond (like garnet) and dump stock on mug punters a few weeks later. Same cycle every few quarters.

Lol. Good old Con roy. He always thinks up a new buzzword every year to keep the "company" moving. This week it's "pink diamonds". All the colours of the rainbow. If there is a new buzzword, it usually means a new placing is right around the corner ;-)

EVR is like a falling knife at the moment. Nobody wants to catch it. Some charts suggest the bottom will be around the 50-100p level. An ultra-bearish outlook here.

As predicted, there is the first profit warning and first round of job cuts today for EZJ. Demand for EU and UK flights is plunging. This could in weeks become the new Thomas Cook.

With the world plunging into recession, China death virus smashing trade, and the Dow collapsing, the chance of a counterbid here is zero. Firms are now hoarding cash, not spending it.