Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Aim higher- thanks for the compliment and just so you can sleep at night- I sold the majority of Prem yesterday at a big loss- bought in bce around .16 and in a day made up my shortfall- hoping to gain more so therefore buying back here with even more shares for the inevitable rise.
You are a strange one- you sit here all day in a share you’re not invested in ripping it to pieces and then when an investor sells up you rip them to bits too. What a n0b head you really are- I just say it how it is and live with my actions. You’re just a 12 year old keyboard warrior with £5 pocket money to invest. Does make me laugh though that’s why I haven’t green boxes you yet.
Great rns this morning- I’m out for now as I think it will drift for the next 2-3 wks but on working mill news even the mm’s couldn’t hold this back. So back in in a couple of weeks I reckon- not that anyone cares. I have to say that guy brabs was a complete d)ck head but Bce was a good call to be fair. Anyone thinking of a side hustle it’s worth a look- I know I sound as bad as him now but sometimes other stock is worth a mention ( in the correct and dignified way of course).
plenty that have rocketed - ukog went from fractions of a penny to over 7p very quickly but then fell out the sky ( i know because my **** still has the burn marks) but this seems somewhat different.
If after all this talk and confusion and doubt with gr written on this bb over the weekend ( including my own) wether there could be another rns or interview that would clear up all these questions- dates of sold shares, money in the bank, pay back £‘s or shares etc.
On Friday it did feel that large sells we’re going through and plenty of big numbers and at the final furlong I thought we were gonna finish blue- let’s hope that continues on Monday- whatever our thoughts and theories we’re all here ( those invested) for a decent rise. I just want the mill in place and working and then wouldn’t care if George did a little raise ( as long as it’s not to cover his loan).
Roll on tomorrow and in the meantime- come on ladies - let’s bring it home!!!!!
Correct Marcus- he could end up with less although with the rise on his other shares I’m sure he wouldn’t begrudge it- what I’m saying is it would be a lot easier for us lot on here to make money if we could buy and sell our shares with inside knowledge.
Prem has made me more money than I’ve lost so my head is still in it- if George pulls a fast one my heart certainly won’t be.
Marcus- check my posts - I’m no deramper.
Not nice seeing a large number in red in my trading account but that’s down to my decisions. What I don’t like is a ceo trying to pull the wool over my eyes. If not wrong ( and I could be) George has lent x in £‘s and will be repaid the equivalent amount in shares ( not share for share) which gives him an easy route to offload his shares at a price that he perceives is probably going to be higher than the price he’ll call time on ( at his discretion) at possibly be a lot lower.
That’s inside trading.
If he dilutes within 2-3 months and uses part of it to pay himself back then he should have done it immediately and not lent the money himself. Just saying.
Agree Gazza and the fact that the dates of sale don’t come inside the info that was rns’d also needs to be looked at- how is Mis information going on without consequence.
Having said all of this I do think the sp will climb next week but I think momentum will take longer. Thought this was a summer investment but I feel the fruits will come in winter.
If he does call the loan in after a short time and after further dilution then he should be up for insider trading charges.
I hope I’m wrong and hope that however slippery he is that he’s not stupid and that he stills cares about prems future.
The way I read it was gr has sold his shares and lent Prem the proceeds of around 1.7 mill. He expects that exact amount of money back plus the £19k odd it cost to execute. Total that all up and that is what gr is owed- when he calls the debt in shares totalling said amount would be issued ie amount of £ divided by sp at that time equals amount of shares issued.
If I am right ( not saying I am) then he sold high off the back of a positive rns and could call the loan in on the back of a not so positive one like oh we’ve decided to raise 5mill to keep the lights on til Xmas by which time we’ll be self sufficient. Then the sp dives to below recent lows at a guess and George fills his pockets with 50% more shares to then sit back and wait for production and positive quality figures - sp doubles and you might find George has a reason to sell half his shares for another project or retirement plans.