Member Info for smileywiley

honestly. mull did u take a look at their financial reports? i would understand why hudson is in a big disagreement with the bod of bzm.

hopefully bigbear. simon hasn't replied to my emails. anybody got anything?

btw note the ferronickel feasibility study proj is due by end nov 2018. smeltering campaign is by feb 2019 (That is if bzm has working capital). if hudson is willing to release the loans, i'm more than happy :--)

"Whilst the Company’s existing cash resources are forecast to last until December 2018, it will be necessary in the
board’s view to raise further funds by mid-November 2018 to maintain the Company’s status as a going concern.
There can be no assurance that the Company will be successful in its efforts to raise such funds in which case it
may be necessary to invoke an insolvency procedure".

It is until December 2018. but as time passes, i'm starting to shit bricks over this. A RNS of this will come soon. it's just a matter of time. it's either a boom or bust. I don't see why Hudson would want to not release the loans which they have alr agreed upon. It's rather obvious an agreement has been negotiating in the process, and i have re-iterated how simon says this situation is complex, and developing everyday.

If in my honest opinion no RNS is given (i.e. no funding updates is seen by end November, i'm afraid it's a turn your lights out)

don't think it was on the 22nd. if u read one of the RNS updates, they said it was by end december but that's when the mining sampling needs to be delivered. so i'm not sure how this is going to play out.

yea allnothing. today has been quiet so far. oh well. just false alarms i guess.

seriously. enough with the ramping. it takes so long to go up, so fast to drop. all these rampers work.

gj tommy. unfortunately, i dont have the capital to buy it at this low price, so i'm going to have to wait it out without averaging it down.

oh i thought it was a buy order, oh dear. you have my regards with this from singapore <3

hey tommy. don't worry. learn your lesson. invest with your profits. i feel really sad for all the weak holders selling at 0.24/0.25. the market is picking up again

spud. i secretly suspect align would use their shares to do that run

for one thing blutony. he did not deramp. he was telling us the appropriate exit strategy when it comes to oilex. that's all he was saying.

@countingcards definitely agree with u on this. let's see where mm is going to take us to, seeing how this is so heavily sold. and countless number of weakholders dont realize that.

Honestly, it can't go far beyond here anymore. There were many false lows as it came down. The true low should be ranging from 0.2-0.25. I doubt it will go lower than this. the only reason why it dropped to 0.13 was because of the cambay issue. Let's just wait patiently. Like what someone said, this is the process of the market accumulating. Accumulate as much as you can. And sell it off when news comes in. Honestly, let's just see what the bod say about the arbritation first.

Market forces is playing you Tdaves. let the weak holders go, the strong holders stay. wait for the next news, and u play it out.

hey addams. can i just ask the only way the sp is going to change is upon a big news something like cambay again right? if not MM will continue driving this down like a dog they are (after weak holder's money)

hey addam. thanks for your post. i really feel very enlightened about this. someone said this on mx oil that oilex could hit their price.u reckon? anyway, i'm gonna patiently wait for good news before selling out at my break even price i.e. 0.51(50 % from here omgoodness)

@ mull. it's said in the 31st RNS about finding a replacement BOD. sorry i didn't mean entirely replace all of them. but, it has alr been stipulated in the RNS. I'm just very perplexed over what is happening to this stock. idk whether is this a punt worth taking.

honestly, just turn your light out and focus on your other work. this is not going to go far without any positive RNS, or ongoing negotiations/ plans with cambay.

@jpsher. some ppl are just trying to make money out of the weak holders. it's quite obvious. with a cambay agreement going on, it's pushed below way lower before gspc pulled any stunt. i really wonder what they are up to. i guess they are planning to try to buy off all the weak holders that came here with a stop loss.