Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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- Ann: Recommended Takeover Offer for LNGL
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liquefied natural gas limited
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Ann: Recommended Takeover Offer for LNGL, page-256
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Really feel for long term holders right now who put their faith, belief, trust in a CEO & board that led us to believe in a story that appeared destined to become reality, yet “ pulled the wool over our eyes “, deceptively misleading shareholders till the company drained every single penny then giving us a warm send off in appreciation of our loyalty & support!! Had GVs dam back for years and years because I truly understood the difficulties facing not just our company but all US LNG developers in one of the most tough, challenging macro environments ever!
We’ve had to endure the pain of natural gas spot price crashing, a flood of LNG supply hitting the market... buyers under both scenarios feeling no urgency to commit to long term contracts. Capped off by Trump picking a trade fight with China in June 2018 in a year where 20yr contracts were finally flowing freely once more. But what I can’t stand is being bluffed by a weak leader who kept up the act with deceptive, bold, eye catching statements/ words that reeled in investors and proved to be a smoke screen from the real truth!
Recapping a few beauties;
Sept 2017 Quarterly Highlights - LNGL’s Board remains fully committed to redomiciling the Company to the U.S., but at the same time, recognizes the utmost importance of maintaining the focus on offtake and strengthening the Company’s cash position with a goal of increased liquidity. In addition, the completion of regulatory requirements associated with the redomiciling was taking longer than expected leading to an extended project timeline.
Over the last quarter, our discussions with potential offtakers have increased significantly. With a colder than normal winter expected in Asia and a closing window to secure a long-term LNG supply, buyers are more willing to have serious discussions, and we remain confident in signing offtake agreements with credit-worthy buyers later this year or early in 2018. By close of Sept $38.2M in capital!
March 2018 Quarterly Highlights - Though discussions and negotiations related to offtake remain confidential, we believe the progress we made toward selling LNG capacity at Magnolia LNG during the third quarter of Liquefied Natural Gas Limited’s (LNGL or the Company) fiscal year will prove to be extremely valuable toward finalizing sale agreements. March 2018.
Sept 2018 Quarterly Highlights - There are varying opinions on how and when the trade issues with China will be resolved. Considering that, our communications with potential Chinese offtakers remain robust with the intent to complete agreements if trade tensions abate before Magnolia is fully sold out.There are varying opinions on how and when the trade issues with China will be resolved. Considering that, our communications with potential Chinese offtakers remain robust with the intent to complete agreements if trade tensions abate before Magnolia is fully sold out. Closed Sept $46.4M in the green!
15th Nov 18 AGM Presentation - Not if but when!!
May 2019 - GV praises marketing team during conference call remarking, “ Our marketing team have done an outstanding job and customers have said so as well. “ The CEOs performance goals for 2018 was to sign 8mt in binding MOUs with investment grade counterparties. In 2019 it was to sign 8mt in binding agreements with investment grade counterparties. I repeatedly asked GV and Micah how many MOUs had been signed (not obviously who we had signed with) but was met with not being able to reveal due to confidentiality agreements. Rubbish, it was our right to know a number to hold marketing team accountable. Truth is, they had failed!
On July 22, 2019, the Board of Directors announced its decision to re-domicile LNGL to the U.S. with a listing on the NASDAQ Stock Exchange. We believe listing on the NASDAQ will deliver significant benefits for our shareholders and favorably position the Company for the future. Decision made with only $21.8M left in the bank by June end! I believe their intent was never serious and would be surprised if we ever commenced the process, filing with the US SEC!
The US redomicile was first discussed way back in late 2017 when our company was in a much stronger/ healthier position then it was entertained again a stone throw back to May 2019 during a conference call when Tim asked GV, “ wouldn’t it be beneficial to redomicile to the US and maximise shareholder value? “ In which case GVs response was, “ well what are your thoughts Tim? “. At the time I could not believe a CEO who we look to for guidance, direction & answers would ask a shareholder what his thoughts were!
Nov 6 2019 - In email communication with Micah, an excerpt from this mail read, “ Regarding China, there is a report this morning that LNG is part of phase one. If that is the case 2020 is going to be very exciting! The market should flow much more freely as I think it will speed Europe and the Middle East up as well! “ We’ve been banging on for years about robust negotiations/ remaining engaged with Chinese customers (despite trade war) then a 1 year tariff exemption gets granted beginning March 2 yet negotiations with China appear to have vanished?? because management have thrown in the towel!
To start this latest Take Over announcement by saying, “ LNG LTD is pleased to announce..... “ shows zero empathy, zero care for destroying shareholder wealth and zero fight for shareholders who kept believing in this team! The fact that they knew cash reserves were dwindling over the past year while we had zero serious buyers intent on signing SPAs (apart from DeltaOE possibly??), let alone MOUs (which we had multiple according to Micah, if you can believe him) had a year to prepare for crunch time and figure out a viable capital injection solution and this is what the board came up with.....
Thankyou to our loyal shareholders for your support... “ We’re pleased to announce a 72% premium to the closing price of A$ .115 on the trading day prior to the date of this announcement. The offer represents a compelling premium to LNGLs current trading price. The directors of LNGL will therefore unamisiously recommend that shareholders accept the offer in the absence of a superior proposal being received. “
Absolute disgrace, unprofessional & appalling representation from leadership over many years!
OK, now that I’ve vented my displeasure, disappointment and disbelief over how this is all going down, how do we move forward from here? I ain’t conceding defeat to these cowboys! Need to band together, try get our voices heard to whomever can help us survive past the next couple of months. I’ve already reached out to Baupost, will be interested to find out their stance (if open about it) on what’s happening and if they are willing to take up the fight with us! Let’s not forget, they got our Chairman + key director fired so are they willing to let their investment go up in flames? It wouldn’t hurt other holders also emailing Baupost...
It might pay dividends for someone who lives in the same state as Maurice Brand or someone prepared to fly to meet with him to get his thoughts, ideas, maybe he might have contacts up his sleeve for potential replacements for a CEO, board directors IF we manage to survive. He founded the company, was the visionary and did an incredible job on selecting 2 wonderful sites in Magnolia, Bear Head. He surely wouldn’t be happy seeing the baby he created get torn to pieces. It’s worth a try!
If somehow we could raise enough capital to buy us time through next couple of Quarters, fire CEO & Board (how could we?), keep a few key personnel beneficial to our cause and find just a few essential replacements that can navigate us through these difficult times..... A change of leadership (CEO with an edge like Souki) and tactical nuance would work wonders imo! Think Baupost can be our only saviour unless an institutional investor comes in out of the blue during these final months.
If only we could hang in a couple more years, future demand will fly again while supply/demand will reach equilibrium around 25/26’. We have a 2mt SPA awaiting, within touching distance of realising an epic dream but currently having our fate decided by poor management who’s not acted or fought in the best interests of long term holders!
We certainly should be playing a role in the next wave!
Lets keep standing our ground!
Fight on!!
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