7.65 million shares volume since Q report last Thurs ... 6 trading days. Didnt think there were that many loose in this stock.
No directors sell notices, no > 5% shareholders sell notices, tho gotta add any overseas holders would need a few days to notify, not many OBVIOUS short possies ... again dont know how we are affected by any aliens playing with us ... so what do we have here?
Q report 6 days ago sounded like "we have drawn the line on over-runs, wiped the slate clean and we can BUILD from here" ...... SP has fallen almost 50% since then.... 6 days ago ... and TWO THIRDS from levels prevailing circa AGM not so long ago.
Yet seems to me oxides plant is more or less on schedule for production start up SOON.
Seems to me AUD-priced metal prices really havent come down much and our relatively HIGH paydirt from AT SURFACE EASY MINING would still offer a lucrative return ... respective of 2ic's acid concerns .... wasnt there some mention of est cost per tonne from Huntleys or something in here ... shizen if WE cant make a GOOD buck out of this WHO ELSE CAN !
Seems to me that a final debt of say, 60 mill, is a relative pittance for what we have here and about to produce ... 2 years payback (?) on a 13 year life for OXIDES ONLY ? We still only have about 135 mill shares cap.
Seems to me someone has been pre-meditatively triggering techno stops to test the faithful with unsubstantiated down-hype JUST PRIOR TO PRODUCTION START-UP ... who? Manchurian candidates with whiskers(?) and a deathwish (?) haha?
Shiite can there be someone here as obsessive as me but contrarian to my perception of the extreme firesale bargain levels now being offered by a market cap significantly less than the CAPEX for the STARTER PLANT ALONE ???
And after all, its long term ARK qualities I am looking for wrt to overall net wealth PROTECTION ... cos after the last numbers I saw re the OZZIE banks' exposure to CDSs, really dont know who to trust with any cash ... even if cash is likely to be king in NEAR TERM .... BHP might have to be the ultimate banker but its got some FIBO retrace targets to fulfil first after its primary uptrend from 8 to 50 bucks last 6 years.
And ARK qualities to me means EMERGING resources producer which aint been rated as producer yet so we can get that re-ratingas well ..... shiite current price would likely be annual earnings mid term on sulphides go ... tho current market cap implies to me the present sulphides JV will need revising more in favour of HNC if they are to say go. More on that before and later 2when appropriate.
Well bros, u wanna techno fight? Bring it on haha. I've been chained to the mast for too long to wanna get off now ... so its glory or down with Ark from here on haha.
Seems to me if there were any SIGNIFICANT NEGATIVES SINCE Q REPORT of 6 days ago, the Board would be LEGALLY BOUND to advise us immediately .... and if dramatic enough, a voluntary suspension would have ALREADY BEEN CALLED FOR ... and THAT would sound VERY SUSS so soon after a GT affiliate being placed in possie of secured creditor ... GT aint stupid ... reckon we will be building a statue to him next to the one of Zeus WE SHOULD ALREADY HAVE HAD THERE haha !
Nahhh ... reckon someone is PLAYING WITH US and u know my feelings about CT (not GT :) .... reckon Ive got the whole plot worked out and Ive already mentioned it in here ! Waiting for the bid any time.
So, dont know about u guys, but Ive have had a warchest in wait for firesale opportunities in emerging resources Olympians caught in the path of the Big Bear ... and I cant see anything more of a firesale bargain around than CMR right now ... but I AM biased. Reckon I would be a real pussy if I didnt put my money on the line according to personal macro strategies when its staring at me here !
As I said before, if this whole shebang aint a scam, and for the hecovme cant see how it is, then wow, I'll be in for some more butchering of bear flesh tomorrow taaaa.
Meanwhile
(1) poor show the Bridge for their silence ignoring the screams of rowers being ripped apart by reefies;
(2) poor show the pussies at the ASX for not issuing a (down)speed ticket for an ASX 300 member having sliced two thirds of its value in such a short while and moreso half its value in a week !!!
(3) poor show any malicious downrampers grinning at normal people's pain ... not all are cashed up and have a half-glass full attitude looking for the firesales.
Naked short selling should labelled CRIMINAL and should be BANNED .... players beware.
All personal opinion ...... have been sniping last 3 days at cum av around a buck now. Need to know WHO has been dumping so can work out how many likely left, so we know the way is clear for the SPRING BACK ... u can work out the fibo fractions of the down-move since AGM.
Time to wash off today's bloody splatterings haha ...
IMBOOC
Add to My Watchlist
What is My Watchlist?