He is obviously trying to highlight the negatives to counter all the good news such as that released by Tui this morning indicating a very positive winter season ahead. Why is he doing that is the question only he knows the answer to and my guess is that he bears a grudge which is eating him up. If the posts make him feel better then it is cheap therapy .Good luck to him.
RE: A Rns a day to keep the shorts at bay19 Sep 2023 08:17
Chinova resources have just put a mine and processing plant up for sale in Queensland and the price it achieves may have some bearing on our value. Not sure if it is good or bad news and am hoping some of the experts on here can offer a view.
Yes, some will have bought on speculation and some bought last week based on publically available knowledge BUT the big rise was yesterday and it was HUGE , meaning the demand suddenly picked up and that did not happen by accident.
Confirms the data that a few insiders knew over rhe weekend enabling them to buy in yesterday. All people who bought yesterday should be investiagated for insider trading imv , as they are effectively robbing honest investors. Ket hope something gets done.
RNS seems to favour the lender with the 11% interest rate AND why if we had £3.9m in cash in Feb do we need to borrow more from the main man at the company. Surely it is not a way for him to extract more cash from the company?
I think the market has looked for the bad here and not the good. There is an improving cash burn rate and improving sales , so am expecting a recovery in sp once the Market manipulators have had their fun.
Is good news . It translates as, since I have recruited lots of expensive mining buddies I have realised we will not be able to pay them without some cash from somewhere, thanks Wyloo. Also thanks wyloo for pointing out that you would not accept any dilution with me still in place.
Discus, I bought initially in the 300s and added last week at 720 because the style here is to build the business , keeping a cash pile and a low profile as far as the market is concerned. i would summarise as letting the numbers talk. Expect a huge further rise once the US naval contract is announced.
Flew back from santorini over the weekend with ezj, plane landed 15 minutes early, great experience , switched on staff , don't think nutmeg was on flight as no one was causing any fuss.