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Our Dear Leader will report to the market when he is ready. Rest assured all LTHs that DL recognises the sacrifices we have made. These sacrifices are just a necessary part of DL's brave and bold vision to crush shorters, bashers and market makers. He has manipulated the price low for a very clever purpose !!! This will allow DL, when the time is right and when the market expects it least, to release the most wonderful news. A true testament to DLs guile and intellect!!! The price will leave the shorters … short, as the price rockets. DL is satisfied with the sacrifices of LTHs but demands more. LTHs must demonstrate their love for DL by accepting yet more tanking. JP Morgan and various other advisers have not been heard of for many weeks - their betrayal and treason is unforgiveable. Many other LTHs who have inexplicably lost faith in DL have been sent for re-education and are at this very moment pleading for the price to tank yet more - it is too high they wail. And yes my fellow LTHs, our DL has been hard at work - very hard at work - he has been talking endlessly to those most likely to deliver us the promised land we so crave. Investors? NO, dont be stupid again LTHs .... Journalists. Delisting - LTHs misunderstood DL. Do you really think DL is foolish enough to engage in idle gossip and chit chat with a national newspaper about de-listing the company for no purpose - NO! Of course not - do you really think he would be that much of an idle cretin. This was his wonderful visionary strategy - driving the price yet lower, and still lower - how low can it go. Into the very ground in fact! See how low he can sink the price and then believe how well he will sink this shaft in the very near future. The very bottom will fall out of this mine once the DL is let lose on it. Sink and sink and sink. We wont need any equipment or money - DL will just stand there with his hard-hat and hi-viz on and it will COLLAPSE before his eyes. What magic our DL is capable of. And yet, with all his exhausting efforts, he is humble enough yet to remember in his thoughts the LTHs. Taking time out from his punishing schedule to criticising forums such as this and saying how stupid we all are to have invested. He has rightly taught us the importance of independent financial advice and has shown us that, had we talked to a professional adviser we would not have gone anywhere near this. Now we have learnt a valuable lesson - how truly we must love the DL for teaching us that lesson. Our strategy is working - soon the price will be so low that it will catch the imperialist shorters napping !!!
I think JR and GK have accepted an offer of employment from the DPRK Media Authority, probably settled in Pyonyang right now churning out daily updates on how industrial output and crop yields continue to rise on a daily basis and are about to rise exponentially almost any day. I suspect PAAA will be there soon as personal PR adviser to the Dear Leader himself. Surely the DPRK cannot have overlooked some of the quality that's come out of this board from certain people over the last 6 months.
Sorry - have read the thread now. Clearly its a JR impression.
LTHs like us wont have LLTH (long left to hold)….
What a fiasco
SG
KOH
Is that you doing a JonesRichard impression or do I sense you are now feeling more positive, or at least neutral, or possibly only less negative?
SG
Well KOH a very balanced response from DM isn't it. Cant say fairer than that.
Yet another spectacular own goal by SXX.
I am pleased. Its a start, on a long long road for most of us.
Hang in there and remember DHC's fundamentals, which are irrefutable.
They are not worth sharing Appychap. Honestly, there is nothing in them.
Some guy from HL was pushing the shares when he had an interest. Fine - irrelevant to me. That was in May, as far as we are concerned we need to deal with where we are now. That's naughty but its history. If people want to worry about history, I would be more interested in an article telling us who sold, to cause the price to drop at 12.05pm on the day before the second bond announcement.
The other article has nothing new at all, nothing. Its just a re-print of the one where Chris said some people ought to have taken investment advice.
The share price is completely irrelevant at the moment. I don't often agree with Doubleheadedcoin, but see his post of Friday night below. He is right this time. If there is a hint of some form of arrangement that takes us beyond the horizon of running out of money - this will rise sharply. I am not ramping (- I am as cautious as the next person) and I would not invest now the amount of money that I presently have invested.
However, for those of us who are trapped in the position where we have lost so much on paper that its not worth crystallising the loss (and there are many of us). DHC's assessment is right. If there is a funding deal (even if it means significant dilution) then the price is currently ridiculous. Of course, there may be no funding deal in which case we have just 3p more to lose.
My view is CF will cut a deal. The thing that causes us all to wobble are these unexplained huge movements in the price, we know from past experience that usually means there have been developments behind the scenes. I am sticking with it.
--
Market Cap - £200M
Cash on the balance sheet - Circa £180 M
Money spent to get to where the project presently is £1.0 Billion to £1.5 Billion.
2.66 Billion tonnes of Polyhalite resource.
Full planning and permitting all approved and mine advancing.
6 months to sort out Phased funding / Startegic Partner / Back to the Bond Market.
Australia;s richest woman (through Han**** Propsecting) paid more than the present market cap for a mere 1% offtake agreement.
Something happened with n Thurs and Fri to move the price. Why don't we know what it was.
Disgrace these leaks. Like the day before failed bonds announcement.
I can see them mothballing it. NP would be OK as long as the £10m for reinstatement were put into escrow.
Teaye,
I just decided the same thing. i am not selling so whats the point in being here only to be riled by stuff.
Signing off until things look up. I only hope I post on this Board again.
KOH if I don't - I can empathise.
COME ON CHRIS. HANG IN THERE AND KEEP FIGHTING.
Bye for now.
RogueRiver - go try it somewhere else. We are all old hands now and wont be listening to "investment advice" from****** like you.
mrJim
We hope for the same thing. i am just very disappointed with the way it is turning out, and with myself.
I didn't see this coming, Genuinely thought they would get the money. CF and Board has overcome so much before.
So, so disappointed tonight. Such a shame.
And yes I put too much in. And yes I will be fine. But it doesn't feel good.
All well and good mrJim
But I sure wish I'd listened to those de-rampers at 17p.
I really wish I had. We are at 2p now. 2p.
And you are clearing something up. They were right !!
I do agree though. I am not sure why they are here now.
Sorry, Jcookec, and you are who. please.....?
The prospective administrator angling for some info to help your pitch presentation?
Go look it up. they've spent billions of our money and have b8gger all left.
Sorry, last one. Everything I have written in my 107 posts has been wrong so as hard as it is, I am going to try this and see if it does any good. Here is what I think right now, and on the basis I am always wrong, maybe things will come good. Here goes....
Sirius, a dog by name and a dog by nature. Its finished. There is no chance they can come up with a partner now. I recommend everyone sells first thing Monday morning before the inevitable.
Right that was a hard thing to do, but it might just save us all. Ewqwe and Members I know whats coming but i wouldn't bother because I am turning off this board for tonight. I've done my job.
Sorry , cant help it - a tree shake - you b8st8rds on here with your uber positive nonsense. 20p ?!?!
I do accept it is my fault I invested here but look at ewqwe and members and they were right. Let them have their say. We were wrong. The margins are so small now its not worth selling. I don't know what went wrong today and I don't think we will find out. I suspect that a strategic partner pulled out of talks. Its amazing that the price can move on knowledge like this - bad news in relation to something that hadn't been announced yet. I'll bet you that's what it was.
"soon or later yes it will get to 20"
Of course istock. Today was a tree shake, the last tree shake. Now, the tree has been shaken until it is almost out of the ground. The tree cannot be shaken any more. The people who shook the tree have had enough of getting smacked on the head with all the fruit that falls off it. In fact the tree has been shaken so damn hard its pretty near dead. The people shaking the tree will kill it if they are not careful.
Yes
Same here Topstock and like Old Rascal I respect your decision and feel for you.
I feel the same but am holding
oh Yellow. Hilarious. This board. Its just the best.