Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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liquefied natural gas limited
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Fresh From The Cupboard, page-1470
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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"...
---
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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Given the situation our Company’s Management and Board have placed shareholders in, the number of shareholders who have expressed potentially great losses as a result and a few shareholders bringing up the topic of a Class Action, I thought I would offer a few opinions of my own.
I have held shares in LNGL for between 5 and 6 years and during that time I have invested nearly $300K in this Company, including my most recent purchase following the DOE announcement on 16th September 2019.
The information following is only my opinion. I am not qualified in Law, however I taught Law and Ethics to Small Business Classes in Tertiary Education for several years before taking up buying and selling shares.
A Class Action law suit determines liability of a company to pay compensation to the Plaintiffs / Claimants (usually requiring about 20) for a Breach of Duty which causes loss (intentionally or otherwise) to the plaintiffs. The principals involved include the following :
1) Duty of Care
Duty of Care is the legal obligation to ensure no loss or harm comes as a result of a business conducting an activity. It refers to the standard expected of the professional conducting the activity / business to prevent foreseeable loss or harm to others. Due Diligence is the Management of Duty of Care.
2a) Breach of Duty
Liability results from failure / breach to uphold that legal duty.
2b) Types of Breaches (Intentional / Negligence)
The primary difference between an intentional breach and negligence is that an intentional breach occurs when someone acts on purpose, while negligence happens when someone isn't careful enough.
2bi) Intentional Breaches - (Misrepresentation)
Liability can be established on the basis of intention, negligence and strict liability. Generally, to prove a prima facie case of intentional misrepresentation, the plaintiffs must prove that: The defendant made a material misrepresentation. There are three main types of misrepresentation, fraudulent, negligent, and innocent. Proving misrepresentation? A misrepresentation must be false, and you need to prove to a court that the statement is false.
2bii) Negligence
Negligence is failure to uphold the expected duty of care (Due Diligence) and includes:
- Conduct (A duty of care was owed; and the standard of care was breached)
- Cause (May be Actual / Proximate and was reasonably foreseeable)
- Damages / Loss (May be Financial, or other)
In a Class Action, the following questions can be asked:
Under Duty of Care (Due Diligence)
Can you determine a Duty of Care was owed? - Corporate Governance, Ethical Standards and Codes of Conduct referenced in ‘Acts’ determine moral and legal obligations, and must be complied with by a business including the responsibility to protect the interests of shareholders.
Under Breach of Duty of Care
What is the level of the expected standard? - The highest level of integrity
Was the standard expected breached? - Was the highest level of integrity upheld?
Was the breach intentional or otherwise (negligent) in nature?
Cause
Was the cause foreseeable? Was speculation of success biased over risks?
Failure to adhere ASX Listing Rules?
Define Bias; Speculation; Misinformation; Misleading Conduct; Misrepresentation
Determine Level of Experience; Knowledge; Stakeholder’s Interests; Diligence; Integrity
Were market disclosures to shareholders biased toward speculation of success over risk?
Damage / Loss
What is the sum of the financial losses? Did this occur following?
Breaches of ASX Listing Rules or of any of the following?
Bias; Speculation; Misinformation; Misleading or Deceptive Conduct; Misrepresentation
LNGL’s Corporate Governance Policy states the following
Under: Principle 1
The Board acts on behalf of shareholders; to whom they are accountable; including ensuring ethical standards of behaviour adopted and complied with.
Under: Principle 2 – Structure the Board to add value
The Board is charged with the responsibility of protecting the interests of LNGL’s shareholders including: Duty of care, skill and diligence; Duty of loyalty and conflicts of interest; Market Disclosure Policy; Corporate Governance Policy; Director Code of Conduct and Code of Conduct Policies
Under: Principle 3 – A listed entity should act ethically and responsibly
The standard of ethical behaviour required of directors is set out in the Director Code of Conduct. The Code requires all directors to uphold the highest levels of integrity, conducting their business. The Code of Conduct includes a process to report conflicts of interest and other material breaches.
Under: Principle 5 – Make timely and balanced disclosure
LNGL’s corporate governance policies include a Market Disclosure Policy, which details LNGL’s commitment to ensuring compliance with market disclosure obligations. The Board reviews copies of all material market announcements prior to release to the ASX....
Under: Principle 6 – Respect the rights of security holders
LNGL places significant importance on effective communication with shareholders and is committed to keeping them informed of all major developments that affect LNGL. The Market Disclosure Policy highlights the communication approach taken by LNGL. Information is disseminated to shareholders and other stakeholders via methods reflecting current corporation communication practices and compliance with exchange rules.
Questions of Due Diligence, Breaches, Causes, Damage and Corporate Governance
Did LNGL’s market disclosures speculate on projections of successful outcomes including signing offtake contracts, beginning construction and achieving a Financial Investment Decision?
Did LNGL’s risk management policies take appropriate actions to protect shareholders from unmaterialised market forecasts and abrupt fluctuations, volatility, and steep decreases in share price valuations as a result of 1)
Have losses resulted from market disclosures speculating that LNGL is on the verge of signing binding agreements, reaching Financial Investment Decision (FID), and beginning construction in a contracted period of time?
Was there a Breach of ASX Listing Rule 3.1?
As HC members are aware, I have previously provided substantiable information related to Market Disclosures and ASX Listing Rules and have further information to provide.
I would say a few things at this stage. Shareholders who consider this may not receive any compensation, however this would hold LNGL accountable for what has transpired. There are a number of firms that operate on a ‘no win, no fee’ basis and often any compensation goes to the firm.
LNGL’s Takeover Proposal states the offer is subject LNG9 receiving acceptances in respect of at least 90% of ordinary shares. The top 20 shareholders only hold 65% of the company’s shares.
At the current burn rate, LNGL’s existing available liquidity is insufficient to sustain operations beyond the current quarter based on existing funds, or beyond the third quarter of 2020 inclusive of the bridge financing facility. It is questionable that they have liquidity to the end of the Quarter when they have to pay employee, contracted and other associated costs
I understand there are different views in regard to this matter. My own view is I’m prepared to lose my current share value at this pathetic low-ball price for the satisfaction of knowing there could be action and a record of what has transpired under the current Management and BOD of this Company.
I have tried to provide the above information within HC’s TOU, so I hope HC will allow this information to be passed on unmoderated. I have lost over $60K (which I realise is less than others here!) on shares I sold, which I actually consider as very lucky because I couldn’t imagine what losses I would have if I didn’t sell on the way down.
What I would ask is that maybe HC members could refrain from posting excessive posts on this thread as it clutters up further information being passed on.
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