RE: Traders9 Oct 2023 13:30
Personally. Nothing to say after this post, & until we see the re-finance details.
Like all other LTH, and am sure many more recent investors (as opposed to the pure day traders very prevalent now). Extremely disappointed. Not in the fact that it's always the case that issues arise. Of course they do.
But rather with the way it got communicated, out of the blue, & from a review that we, or I at least, had no knowledge of ? Especially its outcome being so very much at odds with the still recent, and generally very progressive updates from the BOD.
It's for that reason many are pretty exasperated I think.
Especially personally having gone through the same with RMM recently. Where again a CEO was saying one thing (and repeatedly) in formal comms, bigging up technical progress etc, and underneath it clearly storing up something else to deliver RE the financial position.
I have no particular issue either with the pure traders that descend on a share when it's either at the top, or bottom of a day's leader board. It's their signal to mix in we understand, talk it up, or talk it down to facilitate their book... The same types have come on to a couple of other shares I held on AIM quite similarly in the past. So be it. You can spot them a ways a way, and choose to ignore or listen to the agenda as you see fit. It's a different type of investment method. Not to my taste. But on AIM you have to say it's got a place, the way things often seem to go..
Also, & as much as the thoughts of experienced investors you respect, who know the area well, is more of great interest.
Still, nothing said on here, one way or the other will change what JM, the HZM CFO and the cornerstones & lenders look to agree, or don't now. Agendas on all sides ( just like here), and the power balance will dictate. It's just business.
The mine will go forward IMO. As to if PIs who backed this for a number of years or even months/weeks prior to the last RNS will benefit, or even get out with anything much.
A few weeks I guess to now wait & see.
Oh, and as to djRyan/publican777. He did exactly the same on the RMM board. Coming back and letting everyone know his views in extreme repeat detail. As I said to him at the time there. Even if you are right. There is a time and a place to show a bit of decorum.
But it cut no ice then, and I suspect it won't here. Like Arnie, he will be back no doubt. But as Bern round the loop & I know what he is going to say. Forgive me for missing that dance....
Good luck to all holders.