Member Info for SuperRoty

We are economic and advanced to production.

https://twitter.com/super_roty/status/1219929329309831168?s=19

Last year I took profit and seriously derisked here in the 130's because I feared they would not deliver on a profit.

Today I doubled up my position here and I am gobsmacked that I bought back at well under my sale price.

What is wrong?

Well the RNS could have been better titled such as "Exceptional Q4 results"

Loads of companies reporting and this was missed by many

High share price. Amateur PI's do not look at MCAP.

Market concerned about cash position not realising there was no auction in Dec and stock is valued at the lower of cost or net realisable value.

This is a bargain. I am looking to add more and I rate it a very strong buy even if the warrants are exercised.

Remember no auctions held in Dec. Cash position is fine. Market not cottoned on.

Open up that bubbly guys. Well done you lot.

Wonder if he is related to Frank.

Seriously any share carries risk so DYOR.

No that's while I have accumulated a few

If lucky the BOD will get conned like LEK so the shareholders can exit at 5p. Lol. I lost a fortune there as well. Ouch.

Solid year.
production up
VAT offset / refunded
Debt down
Mine life extended
Divis on the way

WELL DONE THAT MAN

2019 will be a great transformation year but I suspect due to unusual one off and restructuring costs we may make a gross profit but net earnings may still be negative. Fingers crossed.

Indeed they can tell us production but only an estimate of stock value. Also it takes time to accurately ascertain debtors and creditors and once known you have to calculate tax current and deferred.

I added another 100k today.

Not much free float. Many watching and keen to invest but making money elsewhere. I think the herd will arrive early Q2. Should be able to derisk before the BFS is published and go with a sizeable free ride.

Ok. Good luck and very best wishes to all.

It is what the market is fearing. Not what actually will happen that is driving down the SP.

Trouble is LEK needs cash and a shed load of it in a very short space of time. The only hope is a massive placing. The market knows it and that is LEK sp is in a massive bear position. LEK does not want to lose opl310. No one will lend at such short notice so the only hope is a placement. My guess at 2p.

Best wishes everyone. It is a real mess here and I have had enough. Cash is tight and placing may be on the cards. Good luck.

They could have been in this or at least some of the BOD. Only got rumbledso quickly because Quatar found out. A plan to get hands on opl310

A pitfall of virtual datarooms. In the old days we had to wade through mountains of paperwork in person.

Likely to be a high spread first thing in the morning. This is a big headache for me and many others. Good luck. We all have decisions to make.

The market will treat this like a duster but the trouble is few of us derisked. It is a real nightmare and it's damage limitation time. I will probably jump ship but may try and trade myself out of the mess. Will be volatile and you will need to be good to trade this ATM.