Predictions!23 Mar 2023 13:42
There's another fool over on PHE, EQT and other boards, Swazers, who is selling, on LSE, his 'charts' for sp predictions. I have mentioned to him that charts are ok ish for FTSE100,250,350 cos. with a track record of income, cash flow and profit, not for fledgling cos. Fledgling cos sp is news driven, and or rumour driven. The only 'news' we are awaiting here is EISA. Any other news is incidental and meaningless. No EISA no mine. Simple. Everyone invested here, including me, know that the mine fundamentals, and the product are both excellent. Many on here have posted 'it's only a matter of time'. From the comms I have had with co. it is reticent to disclose water usage on site. Why. Every serious mining co knows what likely water usage is, and for operating mines, a drone would provide all the info. any interested party, could ever want. I have no idea when EISA might drop. I took a calculated gamble, and sold 75% of my holding. I can buy back in now and have enough cash left for a very decent vacation. It is obvious the QnA session is not going to happen 'til the board have something positive to report. It is also obvious we have water supply problem. The lack of comms from BOD is disgraceful. We are the owners of the company. I would urge everyone to call Graham at his office, or better still, an in person visit. I intend to do this on my next visit to UK. When the EISA does drop, it will be 'out of the blue', and any forewarning will only be available to BOD's family and friends. I shall keep my powder dry before buying, but that, and all before, is only an opinion, beside the obvious problem with EISA, which is sadly, a fact.