Member Info for Torham

Lancashire_Lad,
My thought process is thus: If there has been an offer for the company/assets and for whatever reason that is delayed, or the the BOD do not want to recommend it in it's current format/value, then being suspended prevents the huge sell off that I imagine would happen on lifting of suspension. Such a sell off would damage the SP and make a low ball offer more likely to succeed.
I may be entirely wrong in my thinking as I am no expert in these matters but it makes some sense as I mull it over.
I have no concrete information on what is happening in the background just like everyone else. I choose to think that my reasoning for investing remains valid until/unless I am given evidence to the contrary.

To sum up, I remain confident in a positive outcome because nothing has changed for me. A suspension was always going to happen, the length of the suspension is pretty immaterial to me as I did not invest more than I can afford to lose and I understand the risk involved in investing in the stockmarket.

Health, Happiness and Wealth in that order.

Torham

Good morning,
There are so many people panicking about their investment here perhaps they could form a group and comfort each other with therapy? Maybe some crystals, reiki or some such?
It will have exactly the same effect on your ability to alter the circumstances here (i.e zilch) but it may prevent your life imploding.
I get that some are in financial difficulty and desperately need to cash out (which is one possible reason I think why the BOD may be letting the suspension run as long as possible), but you can do nothing with your investment until the suspension is lifted.
Stressing about it will not help.
Coming on this BB and wringing your hands will not help.
Making accusations about the BOD without any shred of evidence will not help.
I should imagine the Citizens Advice Bureau have people available by phone at least if you need debt advice/help.

Until the company tell us the state of play, try to remain calm, remember why you invested and what you invested in.

Health, Happiness and Wealth to you all.

Torham

Good morning all,

Just tried a dummy sell and they are happy to offer a price of 4.811 up to 300k shares. I'm taking that to mean they don't have a big sell order to work this morning!

Torham

Good morning all,

We knew this was the issue so it's great to see it in black and white. We can get on with the business of saving lives and making money!

GLAH

Torham

Ian,
My condolences to you and yours.
Torham

"Panic is highly contagious, especially in situations when nothing is known and everything is in flux." Stephen King

"Panic, a deep abiding, free-floating anxiety, often without any reason or logical basis." Nelson DeMille

Good afternoon all,
I see we are still mired in opinion posited as fact.
For those who confused by the concept I will offer this as an example: We don't know for sure what is happening.
Speculating that we will delist, be robbed/scammed, be millionaires etc is just idle gossip until we receive some news.
Sit back, remember why you invested/punted/shorted and the risk/reward you accepted when doing so.
GLAH
Torham

Did I speak too soon???

Good morning all,
So far, no sign of the persistent seller that has dogged our SP over recent weeks. If they are finally finished (and so far this morning it appears so) our long overdue re-rate can begin.
Happy Friday folks,
GLAH
Torham

Pop, no apology necessary, Topham makes me think of animal farm but I’m sure I’m no more equal than others!
I would love to see the CEO buying some shares but apparently he’s not in a position to do so at the moment. He’ll be kicking himself when we’re back at the 11p you mentioned.
If it weren’t too expensive I’d like to see us dual listed too but perhaps we just need to sit tight and see the real effects of halving and the QE car crash?
Mean time, let’s try to be a little more upbeat or we’ll scare new investors away!
Torham

Poptimist,
If we are being played then I am staying in the game and have been buying more shares when I can. I'm vey confident in my investment and as soon as we are rid of the seller/sellers that have put a dampener on the SP then we will re-rate. The jump when it comes will be worth the wait.
I am not a short term trader so the day to day machinations are not of such concern as they will be for those desperate to sell.
In the meantime I will enjoy the BTC rise and the resultant rise in profits.
GLAH
Torham

Hey Poptimist, I don't wish to appear to mock the afflicted nor make light of anyone out there with poor mental health but I reckon I have a couple of spare Prozac (other medicines are available) I could send you... ;-)

Nice to see those who stuck with it being rewarded.

GLAH

Torham

https://www.kj.org.au/meet-the-martu

Good morning Paddy,
You'll be getting bored hearing this but thanks yet again!
I've been trying (again) to get my head around what the sat images are showing us (to make sense of the dark patches) and previously found images of the water sumps you'd mentioned before. I have looked for aerial images of Havieron and can only find the Ed Mead image https://twitter.com/edward_mead/status/1242304738458079235/photo/1 do you or anyone else have any others?
The Ed Mead image really explained the geography for me and the proximity of the ore bodies in Callum's "accidental" background slide the other day.
Torham

Good morning,
A certain Mr Heddle is a shareholder too (as evidenced by his very timely buy recently) and as such will be doing everything he can to maximise his return.
He knows better than any of us what Hav is worth (so far) and what the science is saying is at Scallwag.
My thinking is that GH will be voting for me by proxy!
GLAH

Torham

Yes, looking forward to the results. Early stages but perfect timing.

GLAH

Torham

Like some others I have taken my position with ARB and benefited from the lower price caused by the big seller off loading millions of shares in the last few weeks.
I now hold more than I'd originally intended (1/3 of my portfolio) having been here since July 2019 and am very happy and confident with my lot. The looming financial crisis fallout caused by QE will hammer Fiats and cash will move increasingly toward crypto - this situation is what it was designed for!
The ARB transition into the profitable company we now are, and, having dealt with the expensive issues last year increasingly so, make this one of my favourite holdings.
BTC is doing it's thing and looks set for a bigger push post halving and even if those analysts predicting $100,000 are only half right then we will all be rather well off.
Next week will I think see the end of the seller and the start of the re-rate we are long overdue.
The board have put us a grand footing for the future and to compare us to Hive etc will make no sense shortly.
The journey is about to get very interesting so buckle in and stay strong!
GLAH
Torham

Good morning Magic,
I watched your presentation last night but as my tired eyes/brain didn't do it justice I will be watching it again over breakfast. The sharing of excellent research made this board a community for a long time and the recent influx of less informed, impatients will drift onto some other flavour of the month.
I also enjoyed your reply to Arsiebb, I'm sure a very intelligent person like yourself has worked out the filter system here on the BB but just incase, it's a tab above the chat.
Thankyou again and best wishes for your bright future!
Torham

Good morning all,
I have watched ARB turn itself around over the last year to become a much better company focused on mining for ourselves. 2019 was a game of two halves and the second half is what we should be concentrating on. There were half time substitutions that were perhaps overpaid and they were moved out in the next transfer window.
There was an expensive legal wrangle with one of the biggest shareholders (Timis) which was expensive but is sorted now.
Peter Wall has been there from the beginning and is now steering the company toward a bright and profitable future.
There has been mention on here of a persistent seller/sellers and I believe this has been the reason for the subdued share price. The IIs have been struggling in the economic climate with positions to cover. Whoever they are will run out of shares to sell and I for one have been buying as many as I can. When the sell pressure stops we will have our re-rate and post halving start moving toward being the biggest listed miner in the world.
BTC will come into it's own with the macro economic fallout from Covid and the Oil prices, safe haven status alongside gold is what will propel BTC to the dizzy heights forecast many times higher than today.
I know why I invested in ARB and am very happy to hold going forward into exciting times.
I also understand the frustration about the share price but the transition is yet to happen but won't be too much longer in my opinion.

I struggle with negative people so if I have been sharp/rude with anyone (Poptimist et al) then I apologise and hope we can all focus on the positives.

GLAH

Torham