Member Info for stevenc72

Begging bowl out again.

It's a mess.

I do. And I have some money in here, so what. It may be left in or it may be taken out.

Please don't concern yourself with what I do. There is no need. If my posting my view of this company bothers you, I will make this my last for a few days.

Good luck with your investments. Lets see where the sp is on Friday. Hopefully higher than it is currently but I doubt in the £s or even the 30p area as some are suggesting. No amount of twitter posts will change that.

Well that is correct. I do have time on my hands. Lucky for me I found a share that I did like 6 years or so ago and put £100,000 in, after 2 years of research. That share is now pushing £14.

I don't grow flowers.

Nothing negative at all.

You would not have a clue where a good investment for me may or may not be.

Nothing anyone posts on a BB makes a jot of difference to you or I, good or bad.

Seems so @Acker.

IMO business is very simple. If you are spending more that the profit you are making the business if doomed. No amount of forecasting , projections or cleverness with numbers will change that regardless of how you shift it around on the balance sheet.

Risk management is what matters. What is the impact if it goes right? What is the impact if it goes wrong? We can make some informed assumptions against this parameter. Although some assumptions I have seen this weekend are simply ridiculous.

The next question here is what is the likelihood of it going right ie. getting to production? and what is the likelihood of it going wrong ie. not getting to production. We have a history here to base our decisions on. It's pretty obvious to anyone who has read a minimum of three RNSs.

This is not a share to invest in IMO. Traders will no doubt do well if they time it right.

The rest is just noise.

"Presumably" - not really.
"obviously loading up in the background" - not obvious at all.

Be careful here people, there have been some very clever wordsmiths on this BB in recent days and the usual crowd posting and resharing each others posts on twitter over the past week. They have probably convinced each other what they are posting is true.

I hope it comes good, god knows some deserve it. I for one will be ignoring the "£10 per share" and "happy for 30p by the end of the week" nonsense and those who post such drivel.

The simple fact is that this company has been an abject failure for investors for the past 7 years or so. Traders have made loads. Having said that, if an RNS arrives indicating GR is standing down, it will probably rocket to £50 per share. The assets are good.

And before the posts start coming about a disgruntled long term holder looking at the past ..... I am in profit with my current holding and PREM has actually been good to me trading wise. It has paid for my eldest childs university fees. Has nearly paid for my second childs and will no doubt pay for my third childs. It MAY also enable me to be mortgage free in the next couple of months on two houses.

Just acknowledging that despite the excitement, there is still huge risk with this company.

I don't think anyone can contradict the numbers as they are based on one individuals analysis and his/her own thought process at the time the numbers were produced.

Despite being put on the spot and challenged George has run this company into the position it is in now. So I guess the putting on the spot and being challenged made no difference to George.

I would also add that before shipping, something has to be produced. These numbers are based on an assumption that PREM will produce. Our track record, over many years, would indicate we have produced nothing.

I can predict that I can make £100 per bunch for flowers produced from my garden. I can sell 50 bunches a day and make £5,000 per day, £35,000 per week and £1,825,000 per annum. No one can contradict that as it is my belief based on information about the soil quality and seeds I have in my shed and market rates for flowers at the time I ran the numbers.

Unfortunately, my track record of growing flowers is zero. Add to that the fact that I have told everyone for 7 years how good my flowers will be, but produced nothing so even I could grow them, the simple fact is no-one would probably believe me anyway.

Apologies all sensible posters. Couldn't help joining in with the tosh that has been posted on here today. I will stop now.

Admin could delete every post from this BB today and nothing of value would have been lost.

Utter tat.

It will be the only company in the ftse1 at this rate.

... I read it on twitter.

Must be true.

Please do stop with the twitter quotes.

They have less credibilty than a GR RNS containing the words "near term" and "imminent".

Absolutely meaningless.

George's definition of imminent is about 7 years.

@jones. Really?!

You are now making yourself look very silly. Quoting tweets?

General consensus from whom?

The assets a good.

If the next RNS has a hint that GR is taking a back seat and someone capable is entering the fray who can a) produce something saleable from these assets and b) do this at a profit, the value of the company will absolutely rocket!

Sadly, all we have had for the last 5 years+ is a core of lithium extracted to enable a photograph to be posted with GR balancing it on his head.

Hopefully this will change soon.

Any clues as to whats driving the interest @Acker?

So, a share consolidation, plus an immediate placing on the promise of yet more pipe dreams inbound?

@Snowking... 10 bag? Really?

Why? Genuine question.

I sincerely hope you are right. History shows that is unlikely.

Note the wording:
"soon" x2
"hopefully"
"project is beginning to look really exciting"
"near term production potential"

5 points for those playing Georgeword bingo!

The assets are good.

Unfortunately, it looks like we have had the best not-for-profit CEO the world has ever produced in charge for the last 5 years. If Carlsberg did not-for-profit CEO's... ...