Member Info for skiwizz

I think he meant the own side risk is zero pence, ie we go bust. Got me confused as well, wish the downside risk was zero though.

I remember some poster called the shareminator posting valuations of £7.50, and other posters here, no names mentioned copying it and reposting every 5 minutes. And those posters sold out at 8.5p. Hoping today might see a slight reversal but probably will continue its downtrend.

It is odd that people are selling now, I like you am tight and won't take a loss, I would rather see it through to the bitter end. My main concern, is why have the board ceased communications with investors. Has anyone had any reply recently? In the meantime the selling goes on.

But BB you told us that Bao was where your heart was. Seriously not blaming you for selling, I should have done it after that update but I'm sticking with it, I like the pain. What has made you sell?

So what does his loyal band of followers think about that? I am negative apparently but haven't sold a single share.

BOD told us biggest pig iron producer in the world, not any more. Lots of interest from majors, nope? Good comms with PIs, thats gone. My big worry now is Redbird cutting their losses. WTF is going on, I feel my money is not very slowly heading down the drain.

This is depressing, the update has turned out to be a disaster. Who is going to buy now, everyone will now wait till the tide has turned if it ever does. Why are the board so silent with PIs ?not like them. Worrying times, even the uber bulls must be worried.

Empirical, you know the ins and out here. I would bet that you are a previous shareholder who has now sold, is that the case? Not a problem if that is the case, maybe a wise move.

Route to funding? Must have missed who was prepared to lend us the money, who is it, why is this at 9p with every likely hood of going owner?

Got to hope that the reason they are not replying is because they are in negotiations and that this is a condition of the talks. Otherwise the lack of comunication is a worrying only because they are so good normally at talking to PIs. Bit worried about the SP direction this week. Hope we get meaningful news very very soon.

I could average down but there is no guarantee where this will go now 10p looks like its gone. Last time it went to 6p once 10p went. I suspect unless we get proper news, and yesterday's certainly wasnt, thats where we are heading again.

Not too much wrong but not what most people especially traders were after. That's why there has been selling since. I am quite surprised they haven't dropped the offer as yet, maybe that's a good sign. We really do need some idea of the way we are heading, are how this is going to be financed. If we get no interest from anyone thats when we need to be very worried. Not sure what Standard Chatered or Dr Kaul have brought to the party, in fact I'm not sure what Dr Kauls role is, it seems to be BJ and JD doing the work.

In that it wasnt really interesting or saying very much. Smacked to me of a keeping the PIs happy whilst bigger news may be on the horizon kind of RNS. Left in no doubt that discussions ongoing with interested parties so whilst it wasnt the big RNS we all wanted it was something to offer hope. Strange time to sell unless you are a short term trader.

Expecting an update/ news before end of H1, so in the next 5 working days.

I am more than happy not to see a top up, top up by director means no news imminent. You would hope that at this time they are not allowed to buy.

Just for the record, I am very positive here, this is by far my biggest holding. What I can't be doing with is blatant lies that BB spouts. I also think he is one of life's great fantasists. Amazes me that he still has credibility with some on here, good luck listen to him at your peril.

They probably have given up replying because they peeked at this board and realised you weren't trustworthy. Or maybe they just reply to your mate in the know.

Just having a wild guess like everybody else, at least I didn't pretend it was coming from a mate in the know.

According to a poster on advfn, BJ has booked a BRR media slot for next week which means......?

Tomorrow or Thursday.