Member Info for steven49

gradual selling of late from small investors who have gave up on waiting

not sure if any one follows this share much now,still waiting 4, the approval of the Air Quality Licence for the smelter seems to be taking 4 ever,can he pull this off with the problems in south Africa and mining in decline,

lets hope so,

The South African economy is in terrible shape. Arguably, the most worrying data point was January’s Manufacturing PMI, which fell to 43.5 – the sixth consecutive reading below 50. The mining sector, which was struggling before commodities started falling, is clearly in structural decline. South African gold production has halved since 2005 as a result of rising costs and the depletion of reserves at aging mines. Unemployment is among the highest in the world, the power grid is decayed and vulnerable to extended outages, labor unions are very restless, and the country’s debt rating could be downgraded to junk in the near future. If all that weren’t bad enough South Africa’s President, Jacob Zuma, is one of the most corrupt leaders in the world. He went through three finance ministers in two days last December, and investors reacted by fleeing the Rand en masse. Investors trying to play this theme are probably best served looking into precious metals, specifically platinum and palladium. South Africa is home to around 70% of the world’s platinum production and 40% of palladium. It is thought to contain 95% of the world’s PGM reserves. The local miners are in terrible shape, and starting to begin negotiations with hardline unions. Amplats recently reported an -86% decline in annual profits. Both metals have strong fundamentals, but have struggled with the slowdown in global demand – particularly from China. However, if South Africa becomes a failed state, the supply narrative will turn very bullish, very quickly.

background noise terrible,sounds positive even no share price stuck at these levels and very little trading

possible curtains 4 this company

don't plan on staying with this to the end,just feel at these levels regarding share price with important news coming anytime now that could move the share price to a new level,still high risk and with markets in downward trend has risks

good to see this moving up,at last im in a small profit,glad I never sold out,update soon im sure

the land lease agreement for the 15MW smelter is due any time now then the finance will be agreed,feel this could be the last chance to grab some cheap shares,still risky but rewards could be good

utter **** this company, never delivered, re financing going on im sure

big drop today on very little volume,no buyers coming in

looks more like a profit warning,

i have no doubt this is a great bit of technologies but turning it into a commercially viable product is another thing which appears to me to be some way off

is this the bottom,could fall much further,ok steveho il hang on in there,been in this stock 4 some time

just glad I never topped up with this,do I sell and take my losses,big decision,can not see any income 4 some time,wheres the money going to come to finance this over the coming year,

little worrying that they left results 4 today,im sure if they done them when markets were fully open full could have been bigger,im sure the reason 4 leaving it 4 today,admin still high,borrowing from yorkvill getting bigger,,still feel commercialising of this boiler is some time way

looks like starting to move up in anticipation of some good news flow over coming months regarding funding and building of smelter

lots of that I feel was with dl who is renowned 4 ramping his stocks

if and when it passes Enertek International ("Enertek"), testing this should give the share price a big lift, but even then feel the income coming in will be slow until these commercial field trials are a success,much of the funding I feel cold come from the manufacturer but still much money will have to be raised through the company

well planed interview to make inspirit energy look great,no real testing of john gunn by the interviewer