Very interesting Bretto, you may well have hit it on the head. It really did not make sense to me to have our major share holder suddenly doing controlled selling knowing full well CDU plan to be selling ultra rich native copper to interested parties. SOON. THAT CAN ONLY INCREASE THE SP WITH MONEY COMING THROUGH THE DOOR …the how much and who gets it is still to be decided…..so trying to spook us long term holders into selling via the over the top vocal, full of shite imho & lol down ramping squad's help to reduce the SP….might actually be working. Holders need to hang in there as we most definately do not want this nearly fraudulent ( in my mind) manipulation/trickery to scare you out of holding only to give control to M& G or OZL? or BHP? to lap up the profits at our expense….imho
When one thinks about it, this type of activity can be expected…why pay $6.00 when you can spook the masses via bull…. hysteria and get the shares for $1.00….imho
Holders need to remember we have native copper that does not even need processing it is that rich….( refer to last news release) so process costs are peanuts…very very viable...then there is the other native copper that will be put through just the crusher and be saleable at around a possible 30 - 40% copper or higher ( should know this actual figure in August).
I am certainly buying at these prices as are other astute holders…I am sure most of us long term holders have been getting lots of telephone calls and the overall concensus has been we too should be taking advantage of M& G's efforts….so good to see stealthy M & G ( or their mates) are not getting all the cream eh!!
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