Cygnus the front runner in the Malibu Cup, page-59

End of the month update but this will be quick because not much action other than Kuniko getting about $8m from the OEM, Stellantis (owns Fiat, Jeep, Citroen and some other brands). All in all a crap month but let's blame the wild fires. As usual, malibu_tan gives an excellent report on what happened in this space during July in the post immediately above this one.

The host stock of this thread, Cygnus, had another solid month, up 16%, but right at the end of the month - last Friday - Tricky Dave Southam snuck out in yet another not-much-pretending-to-be-good-news announcement confirming what the Stria guy had told us weeks ago: the maiden MRE for Pontax will be released towards the end of August. I say it was a not-much-pretending-to-be-good-news announcement because the announcement screamed about an expansion of their ground holdings at Auclair but actually the purchase was of only 15 square kilometres, which is only a 3% increase in its Auclair land holding. By way of contrast in their 12 July announcement they informed the market that they had purchased another 68 square kilometres at Auclair by way of a single dot point at the bottom of the list, no mega font headlines in that instance. In my view the real purpose of the announcement last Friday was to provide shade for Tricky Dave to sneak out yet another delay in releasing the Pontax maiden MRE.

Anyway here goes. I plan to post the next update of the table at the end of August by when there is a very strong chance we will all have become disgustingly wealthy overnight...