Member Info for smorrisjones

Well balanced post.

What he is saying is that trading and cash isn’t going to improve over the short and medium period.

So probably 3 years time before things start to improve. GLA

You must be a sad individual if you would hope that someone would sell at clear loss.

Good luck to you.

Not sure you quite understand the situation TRX are in?

I was a strong supporter of this company but sadly it hasn’t delivered the good as expected.

Debt is rising year on year, and cash is depleting quickly. There is no doubt in my mind a very large placing is around the corner to balance the books, and with the current share price existing shareholders are going to be diluted significantly.

Sales growth has been poor over the last 2 – 3 years where they should be seeking high double digit growth yr on yr at such low turnover levels. They clearly have sales a distribution issues, and from what I’ve read and listened too I can’t see this changing quickly.

Sneller has been a strong supported and investor in TRX over the years and obviously even he’s had enough. He’s clearly not happy if he’s willing to sell down at a significant loss which doesn’t look good to me.

There is no doubt that the company is in serious trouble now and has been for at least 12 months. Disappointed for all shareholders including myself is an understatement.

Good luck all.

The Business is failing on so many levels. You clearly can't see that.

What a disaster this company has tunred out to be.

Priced to fail now.............

Interesting Bumb up today on nearly no volume.

This is getting ridiculous now. The board and management really need to wake up and get in touch with the market.

The emial from the CEO to myself was quite upbeat and he advosed an update would be issued in due course. We are aware the mine is dealing with some teething problems so I would imagine they are trying to iron them out prior to issuing an RNS

Thanks for this. Good and simplistic presentation

Anyone planning to attend. I'm in Herts so not far for me. Could meet up for a beer after?

I’m the same to be honest. I’m very disappointed with these results. For a growth company the growth is more than dismal. Simply shocking in fairness. I probably will hold for a couple more years and see things pan out. Equity raise is probably looming also that will dilute long term shareholders that have already been diluted heavily in the past. GLA

Yes, I thought so. Was nice to get an upbeat response

Hi Stephen,

Thanks for your email.

We are actively advancing our project. A corporate update will be issued in the very near future.

As I am sure you understand, I am unable to share specific details with individuals outside the formal channels; all communication must follow the applicable regulatory processes and procedures.

We remain positive about the company’s outlook and are excited about the advancements we are making.

Your comments regarding the website are noted, I am aware of this, we will be updating it, it’s just been very busy times and focus have been the operational aspects. I appreciate the feedback.

Have a nice day and thank you for your continued support.

Best regards,

Kris Andersson / CEO

The only way is Up. Looking forward to the upcoming capital market day to figure out their medium term loan book projections

Has the meeting report been issued yet ???

Having been a shareholder for over three years now, I’ve clearly been through the ups and downs and false promises and hopes the company has alluded to over the last few years.

Following a substation capital raise and positive outlook on the 11th June, its quite concerning how the company has not provided any updated or guidance on how the company is currently performing.

Also on another note, the company’s website is poor, and requires a substantial update across the board. There isn’t sufficient information on the website to which investors can research and in turn decide to invest into the company.

If the above could be addressed as a matter of importance, shareholders alike would be grateful.

You forgot to mention the stock was down 75% the day before.........

Please read the RNS properly.

Considering the heavy dumping of placement shares I think the share price is holding up pretty well. I feel its like a coiled spring ready for lift off if good news is presented. Hopefully we will hear something either Wednesday afternoon or Thursday.