Geo plse, page-36

Well isn't this all very interesting.

"I did not buy due to some muddy river, but bought due to the present project, the hope of real funding which now seems to be happening, and because the market cap was very low"

"The main reason I bought in the first place was because Gordon Anthony bought $800k worth, and then converted options at 2 and over r times the price he could have bought them on market,"

Gordan
167,000,000 Shares issued under placement pursuant to ASX listing rule 7.1 (“Placement Shares”)

So you only brought in because of Gordon. But not for Muddy. But Gordon brought in, in the placement for Muddy.  You got shares from the short fall from Muddy.

So what you are saying is that you knew well in advance of the market that Shen was coming. That it was never about Muddy despite the market being told it was. Is that what you are saying?

Then went on to say this.

"I turned some over higher and bought more back at 0.003 than I originally bought."

Which means you dumped these shares in the pump and dump on/ just after the Shen deal was announced to market. Having full knowledge of that deal already.


For everyone else. This is how it's played in the fleet.


The Cap'en gets a boat load of cheap shares and very cheap options as underwriter, Consulting and loans to his own company. Votes locked in to what every they wish to do now.

A back room deal off market is struck with SI's for those short fall shares through certain brokers. Where all these players get the inside info of the latest treasure map to be sold to you.

News released to market. A few wash trades to get things moving (Trades between accounts) and once some volume comes in. They Dump on you. Just like sky did.

The reason they can dump. Is they already know that they will get more cheap shares in the up and coming raising. (See bond)

Rinse and repeat!

Mine plan
Crusher plant. (Which will be needed)
Mining equipment.
Drilling
2-3 trenches

Dilution. Dilution. dilution.
(And is why the consolidation is coming when there is only  just over 1b shares.)

Oh that's right. The mine only producing 50tpd with no proven resource is going to pay for the other trenches.  Spare me. Never going to happen!!! (IMO)

Speaking of which.

If, under a Debt Facility (assuming one is entered into), additional security is required over the Shenglong Shares held by the Vendor, the Company will be required pursuant to the terms of the TOA to issue 50,000,000 Security Shares (preconsolidation) to the Vendor. Further, if such additional security is taken out over the Shenglong Shares held by the Vendor and such security is not discharged within 24 months of the date of its grant, the Company will be obliged under the terms of the TOA to seek shareholder approval for the issue to the Vendor of that number of Shares which has a value of US$24.89 million based on a VWAP of the Shares on the ASX over the 20 trading days immediately prior to issue. Under the HOA, if such Shareholder approval is not obtained, then the Company will be required to pay the Vendor the sum of US$24.89 million.

Gosh. That will be a lot of shares. Wont it?

So $12m to get the "show" moving. 3B's attached to any positive announcement. Time lines with words like . "In coming days, weeks. imminent. Expected too."
Or any other well crafted corp lawyer speak. So "when" these time lines never happen. You do not have a leg to stand on.  

I think we all know who "the whisperer" will be now.
Passing on the "latest" from behind the scenes. All unofficial of course. Just enough to keep hope alive and you hanging in there.

Again...... rocks in your head!!!!!

All my opinion. Do your own thing.