PGW pgg wrightson limited

Ann: ADDRESS: PGW: PGG Wrightson Annual Sharehold

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
    • *Removed* this post has been removed from public view
  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
    • *Removed* this post has been removed from public view
  3. 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....
    • *Removed* this post has been removed from public view
  4. =http://www.geocities.com/barrybolton187/lok.jpg>
    • *Removed* this post has been removed from public view

  5. =http://www.geocities.com/barrybolton187/lok.jpg>
    • *Removed* this post has been removed from public view
  6. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
    • *Removed* this post has been removed from public view
  7. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
    • *Removed* this post has been removed from public view
  8. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
    • *Removed* this post has been removed from public view
  9. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
    • *Removed* this post has been removed from public view
  10. re: not so stupid now**hey big ears**** You got me there big fella,
    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
  11. Hotcopper has not changed in my absence....
    • *Removed* this post has been removed from public view
  12. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
    • *Removed* this post has been removed from public view
  13. Load of crock? Load of crack more like.
    • *Removed* this post has been removed from public view
  14. Great user name, Colin.....where'd you pull that one from? Your behind?
    • *Removed* this post has been removed from public view
  15. sandune, you come across as being so deluded by hate.

    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
  16. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    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
  17. 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.



    • *Removed* this post has been removed from public view
  18. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    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
  19. So you can see both sides of the story matty.
    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
  20. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
    • *Removed* this post has been removed from public view
  21. Agree seuss.
    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
  22. I know. Maybe I didn't explain myself very well.
    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.
    • *Removed* this post has been removed from public view
  23. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
    • *Removed* this post has been removed from public view
  24. 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

    • *Removed* this post has been removed from public view
  25. lightbulb Created with Sketch. 2
    • Release Date: 24/10/12 16:00
    • Summary: ADDRESS: PGW: PGG Wrightson Annual Shareholders Meeting Presentation
    • Price Sensitive: No
    • Download Document  19.02KB
    					
    
    PGW
    24/10/2012 14:00
    ADDRESS
    
    REL: 1400 HRS PGG Wrightson Limited
    
    ADDRESS: PGW: PGG Wrightson Annual Shareholders Meeting Presentation
    
    PGG Wrightson Limited
    2012 Annual Meeting
    Ellerslie Events Centre, Ellerslie Race Course
    (Great Northern Room)
    Auckland
    Wednesday 24 October 2012 at 2.30pm
    
    Slide 2 - AGENDA, BRUCE IRVINE, DIRECTOR
    Welcome
    Good afternoon ladies and gentlemen.  I am Bruce Irvine, a director of PGG
    Wrightson.  I am standing in for Sir John Anderson, Chairman of the board of
    directors of PGG Wrightson Limited for this meeting as Sir John is unable to
    attend today as he has recently undergone surgery on his knee.
    Slide 3 - DIRECTORS
    Slide 4 - SENIOR MANAGEMENT
    Slide 5 - FORMALITIES
    Notice of Meeting
    Minutes
    Proxies
    Annual Financial Statements
    Slide 6 - CHAIRMAN'S ADDRESS, BRUCE IRVINE
    My role will be to lay the groundwork with a high level review of the past
    financial year on behalf of the Chairman, Sir John Anderson.  Our Managing
    Director, George Gould will provide the operational insights into the
    underlying businesses and how they are tracking in the current financial
    year.
    Finally, Rob Woodgate, our Chief Financial Officer, will then run through the
    financial highlights from the past year.
    At that point there will be an opportunity for questions and general
    discussion and I will outline the procedure for that part of the meeting when
    we reach it.
    Following our general discussion, the business of the meeting comprises of
    two resolutions, which are outlined in the notice of meeting.  Voting on
    these resolutions will be by way of a poll.  This year we have introduced the
    option for shareholders to cast their votes on meeting business online and by
    post.  This option provides shareholders with more flexibility and
    convenience where they cannot attend in person or by proxy but nevertheless
    wish to cast their votes on meeting business.  Given that votes can be cast
    by shareholders not attending the meeting it makes sense that resolutions be
    determined by way of a poll.
    Slide 7- OVERVIEW
    For PGG Wrightson, the 2011 / 2012 financial year was testimonial to the
    company's current strategy - which was to get back to doing the right things
    for its clients and its people, to the things that have made it a great
    company to be a part of during its 150 year history.
    
    While the story was undoubtedly about the $55 million turnaround in net
    profit after tax that we recorded for the year, it was also about the effort
    that went in to generate that performance; the elements that continue to
    underwrite the board's, our management's and our staff's belief in the
    company across all of its business units.  A lot of the improvement in NPAT
    was due to the absence of "one off" adjustments in the current year.  While
    there was a modest 12% increase in EBITDA over 2011, this translated into a
    significant increase in profitability as that EBITDA was not then subject to
    significant non-operating charges and fair value adjustments.  By way of
    example, last year there was a need to provide against the supply contract to
    Silver Fern Farms as the company had not met the supply targets.  This was
    reversed in the current year as we have exceeded our supply obligations and
    are now confident we can continue to do this.
    Our Managing Director, George Gould has talked about making things simpler,
    and 'returning to the core businesses. Where our clients are concerned that
    is 100% the right track to take - and we are committed to providing quality
    service and products across the length and breadth of our business.
    Our results for the past year reflect our success in doing just that.
    While it was largely a year of 'business as usual' there was one notable
    transaction:  the divestment of PGG Wrightson Finance in August last year,
    and we talked at length about this at last year's shareholders meetings.  In
    that regard the company has made significant progress since the transaction
    in exiting the majority of loans held by PGW Rural Capital Limited - a
    special purpose subsidiary company formed to hold certain loans retained when
    PGG Wrightson Finance was divested to Heartland.
    As we noted in the annual report we expect this process to be largely
    completed by the end of this calendar year.  While the most significant
    outstanding loan to Crafar Farms has not yet been repaid it is subject to a
    sale contract that has received Overseas Investment Office approval and is
    expected to settle in December this year.
    The final matter I wish to address before handing over to George is the
    company's dividend policy.  As already discussed, we are currently focussed
    on re-establishing the business and its earnings.  We have made good progress
    in this regard.  We would therefore hope to be in a position to outline our
    dividend policy in some detail in the next twelve months.
    On behalf of the board I would acknowledge the effort and commitment of our
    staff across the PGG Wrightson business.  Our appreciation also to Managing
    Director, George Gould and his management team for their capable leadership,
    unrelenting energy and drive.
    Slide 8 - OPERATIONAL REVIEW, GEORGE GOULD, MANAGING DIRECTOR
    Thank you Chairman and good afternoon ladies and gentlemen.
    It is my pleasure to speak to the operational performance of PGG Wrightson
    over the last financial year.
    Slide 9 - OPERATIONAL PERFORMANCE
    For the year under review the company achieved operating earnings before
    interest and tax (EBITDA) of $55 million compared with $49 million last year,
    an increase of 12%.  Net profit after tax was $24.4 million compared with a
    loss of $30.7 million in the prior year.  This year's profit was broadly in
    line with expectations at the trading level but, obviously a significant
    improvement from the 2011 loss.
    It is worth noting also the turnaround in net operating cash flow which moved
    to $59 million from just $4.9 million last year.  In addition to the improved
    earnings, this movement came from our focus on working capital and
    particularly debtor management.
    There were stand out performances from several of our businesses, in
    particular from Livestock and Retail aided by record livestock prices and
    improved returns at the farm gate.  It was gratifying also to see our Real
    Estate business return to profitability, while the Wool business was also
    successfully re-integrated into the business.
    Slide 10 - AGRISERVICES
    On the strength of high early season values across most areas of livestock,
    the Livestock business unit achieved a stand out financial performance.  The
    business also built on its dairy presence, with a 38% improvement in dairy
    cattle volumes handled for the season. Live dairy cattle export to Vietnam
    contributed strongly to earnings while the company also successfully met its
    procurement targets with Silver Fern Farms.
    In retail, the Rural Supplies business had a strong year, benefiting from
    increased revenues across almost all categories on the back of positive
    growing conditions through spring and summer.  The performance of Fruitfed
    Supplies, meanwhile, reflected the decline in grower returns across the major
    categories of pip-fruit, kiwifruit, grape and vegetable markets.  Throughout
    the year we have invested in sales and technical training, undertaking a
    store refresh programme and we are seeing the benefits through enhanced staff
    engagement and retention.
    The Wool business benefited from high wool production due to good feed levels
    with more growers moving to contract positions in the wake of volatile
    returns.
    The Real Estate team had a positive year as confidence returned to the rural
    and lifestyle market, reflected in a 54% improvement in revenues from 2011
    and a return to profitability. Irrigation and Pumping also improved, with
    revenues up 28% on the back of new on-farm irrigation and dairy shed
    reticulation development.  Our rural training company Agriculture New Zealand
    also posted solid results.
    Our South American AgriServices business, which focuses on livestock auction
    and export, wool, real estate, irrigation and retail also performed well, and
    ahead of the prior year.
    Slide 11 - AGRITECH
    In AgriTech - our seed, grain and nutrition division - the Australian seed
    business had a challenging year, with underlying sales significantly impacted
    by high rainfalls in our key markets in Victoria and southern New South Wales
    for most of the autumn selling season. As in the previous year, there was
    either an abundance of feed available to farmers or paddocks which were too
    wet to gain access to re-sow.  The acquisition of Keith Seeds made in late
    2010 struggled initially to deliver the results planned, and in the past
    twelve months it achieved sales volume but at much lower margins.  The start
    of this season looks more encouraging.
    Weather was also a factor in New Zealand, however the local seeds business
    reported results broadly in line with expectations and last year.  While the
    2012 harvest was good, it was delayed by the very wet conditions experienced
    in Canterbury throughout December and January.
    The South American seeds business made gains from forage seed sales in
    Uruguay through strengthened relationships with strategic partners.  North of
    Uruguay, in Brazil, the company achieved registration of a number of
    proprietary cultivars and increased forage seed sales in the three Southern
    States.
    This was a year of getting back to the foundation of our business - and we
    have definitely made progress in some key areas.  In this regard we have
    focused on employing the right people in the right positions, investing in
    retaining people with relevant and specialist skills and relationships -
    particularly behind the farm gate.  As the Chairman mentioned earlier today
    we discussed the sale of the PGG Wrightson Finance business in detail at last
    year's shareholders meetings.  Just over one year on we are pleased to report
    that we have made significant progress during the past six months in exiting
    the majority of loans held by our subsidiary company PGW Rural Capital.
    Excluding Crafar Farms, net finance assets are now at approximately $4
    million, while the sale of the Crafar Farms assets is subject to a sale
    contract that has received Overseas Investment Office approval and is
    expected to settle this calendar year.
    I will now hand over to Rob Woodgate who will run through the results in more
    detail.  I will then provide our outlook for the year ahead.
    Slide 12 - FINANCIAL REVIEW, ROB WOODGATE, CHIEF FINANCIAL OFFICER
    As was noted earlier the group reported an operating EBITDA of $55.2 million,
    from revenues of more than $1.3 billion.  George also mentioned the strong
    performances in our Retail, Livestock, Real Estate businesses, and also the
    conditions that impacted the AgriTech division.
    Slide 13 - FINANCIAL PERFORMANCE
    Alongside the operational performance we saw the Wool business being fully
    consolidated into the 2011 / 2012 numbers, accounting for $47 million of the
    uplift in revenues and $7.2 million of operating costs.  Operating costs were
    up $13 million, of which Wool accounts for over half; other increases were
    seen in Livestock with additional agents and in AgriTech with the full year
    impact of acquisitions, and we mentioned Keith Seeds earlier.
    George also mentioned the Silver Fern Farms procurement agreement.  We made
    provision for this in last year's numbers for $9.5 million.  This season we
    met the targets in the agreement and have also put in place actions that
    allow us to better meet the supply targets for future seasons. Following on
    from this we have changed the basis of provision and the non-operating
    results include a release of this provision totalling $5 million associated
    with this turnaround.
    On the income statement, interest costs have also roughly halved to $13.8
    million, from $28.1 million last year in line with reduced debt, decreasing
    from $176 million to $124 million - noting that last year also included
    accelerated amortisation of fees.
    Slide 14 - BALANCE SHEET & CASH FLOW
    Cash flow from operating activities is a very positive story, delivering
    $58.6 million. After net profit after tax and backing out depreciation,
    there was a net improvement in debtors of $25 million and $10 million arising
    from a deferred tax asset and provisional tax stemming from the sale of the
    finance company back in August 2011.
    AgriTech held higher inventories due to the Australian market conditions,
    biological assets (through Livestock) was down on last year making the net
    inventory marginally up on last year overall.
    Under the heading 'Investing Activities', there is a mix of the finance
    company being sold at NTA and then the PGW Rural Capital assets coming back
    into the business.  The 'proceeds from sale' and 'cash paid for purchase of
    investments' include the sale proceeds and then the buying back of the PGW
    Rural Capital assets.  The 'net decrease in finance receivables' relates
    specifically to a small cash inflow of the sale and then the assets realised
    through the PGW Rural Capital book.
    Finally there are $13 million of fixed asset additions with seed related
    assets explaining the majority of these.  How this cash has then been
    employed is explained as $11.5 million of facility supporting PGW Rural
    Capital, the repayment of the Convertible Note (being $36 million) made back
    in December, and then a repayment of external borrowings (a further $46
    million).
    On the balance sheet the biggest change is the impact that the finance
    company has to total assets and liabilities, otherwise the changes are better
    explained through the cash flow.
    When we announced the full year results in August we had anticipated that the
    Crafar Farms monies would have been receipted by the mid-October; however
    recent developments have pushed this out to December.  This change has no
    material impact on the actual amount we anticipate receiving.
    I will now hand you back to George.
    Slide 15 - OUTLOOK, GEORGE GOULD, MANAGING DIRECTOR
    Unlike in prior years the 2011 / 2012 results were not impacted by one off
    items and provisions and with the exception of climatic impacts on certain
    businesses, the board of directors, management team and I are pleased with
    the overall performance of the group.  We have a solid base to work from with
    steady earnings growth and a strong balance sheet.  We will therefore stay
    the course - supporting and providing best service to our clients while
    paying attention to the efficiency of our businesses.
    The first three months of this year has provided us with further evidence
    that we are doing the right thing by our customers and that we also operate
    in a seasonal business with some factors beyond our control, namely the
    weather.  The Retail businesses have started the year well up on last year's
    performance, so have the Irrigation & Pumping, and South America
    AgriSerivices businesses.  This time last year Livestock was seeing record
    prices and, largely as we expected, these were not going to be repeated in
    the spring period for this year, though tallies are close to last year.
    Overall the AgriServices division is up 7% on the same period last year.
    The AgriTech businesses are seeing the impact of a cooler than usual spring
    in both New Zealand and Australia.  Brassica volumes for New Zealand were
    back after the first quarter but we are expecting these to pick up this month
    and through into November.  Australia is back on last year after seeing the
    cereal season in New South Wales not take place due to the cooler
    temperatures.  The Grain trading business has seen increased prices across
    wheat, maize and barley and is tracking ahead of this time last year. The
    AgriTech division is confident it will improve on last year's performance.
    As we have mentioned earlier the overall business is seasonal and we are
    probably seeing a return to a 30/70 split in terms of EBITDA over the two
    halves of the year.  There is no reason why the company cannot build on last
    year's results, and that is certainly what the board and management are
    working to bring about.
    Thank you, I will now hand you back to the Chairman.
    Questions and Discussion on the Annual Report etc.
    Slide 16 - GENERAL BUSINESS OF THE MEETING
    The proposed resolutions will now be considered by the meeting, with all
    resolutions to be determined by a poll that will be undertaken by our share
    registrar, Computershare.  The company's auditors, KPMG will act as
    scrutineers.  The resolutions and accompanying explanatory notes are set out
    in the notice of meeting.
    Business - Election of Directors
    The notice of meeting records that Sir Selwyn Cushing, Bill Thomas and Tao
    Xie (XT) will retire from the board at the conclusion of this meeting.
    I would take this opportunity to acknowledge the positive contribution and
    valuable counsel each of the retiring directors has provided during their
    respective tenures and on behalf of the board I wish them well for the
    future.
    Sir Selwyn was originally appointed to the Wrightson Limited board in 2005
    following the acquisition of Williams & Kettle Limited of which he had been a
    director for more than 20 years.  His astute business sense and commercial
    acumen has been of great assistance to the company.  It is pleasing to note
    that Sir Selwyn has agreed to remain involved with the PGG Wrightson Employee
    Benefits Plan in his capacity as a trustee.
    Bill Thomas originally became a director of Pyne Gould Guinness Limited in
    1995 and the company has benefited from his insights and in particular his
    farming experience.  After 17 years as a director for PGG Wrightson and its
    predecessor companies Bill believes that the time is right to retire.
    XT, the former Chief Executive of PGG Wrightson's majority shareholder Agria
    Corporation was instrumental in the structuring of Agria's acquisition and
    retires after serving as a director since 30 December 2009.
    As previously announced, the board of directors are currently undertaking a
    review of the composition and expertise of the PGG Wrightson board.  It is
    acknowledged that there is a need to maintain farming experience on the PGG
    Wrightson board and the review will help inform decisions made in relation to
    future director appointments.
    The first item of business, item II on the notice of meeting, is the
    resolution for re-election of Guanglin (Alan) Lai as a director.  There is a
    biography for Alan on page 15 of this year's annual report and in the notice
    of meeting.
    I now move the motions as ordinary resolutions.
    Resolution 1:  The motion is that Alan Lai be re-appointed to the board.
    Are there any matters for discussion or questions concerning the proposed
    resolution?
    Resolution 2: Auditor's Remuneration:  I note the automatic reappointment of
    KPMG as the company's auditors under section 200 of the Companies Act 1993.
    The proposed ordinary resolution is to authorise the board of directors to
    fix the auditors' remuneration.
    As is usual with audit fees, due to the complexity and changing nature of the
    company's affairs, it is impractical to fix the remuneration at the beginning
    of the year.
    Are there any matters for discussion or questions concerning the proposed
    resolution?
    A poll will be conducted in respect of both resolutions at the conclusion of
    general business.  For those that have not cast postal votes already please
    complete you ballot paper at the conclusion of general business and hand this
    in to the Computershare desk at the back of the room.
    General Business
    Closing
    End CA:00228807 For:PGW    Type:ADDRESS    Time:2012-10-24 14:00:06
    				
  26. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

    • *Removed* this post has been removed from public view
  27. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    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
  28. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    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
    • *Removed* this post has been removed from public view
  29. I find that post rather repugnant and cynical cusox.
    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.

    • *Removed* this post has been removed from public view
  30. Shadow, that is bull dust, and you know it.
    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
  31. 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?

    • *Removed* this post has been removed from public view
  32. Announcement from ERM has made my day. :)

    • *Removed* this post has been removed from public view
  33. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
    • *Removed* this post has been removed from public view
  34. tvp
    Maybe this sheds some light on it ............................
    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

    ---

    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.......


    ---


    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.

    ---


    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


    • *Removed* this post has been removed from public view
    • *Removed* this post has been removed from public view
  35. I get your drift joewolf.
    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.


    • *Removed* this post has been removed from public view
  36. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
    • *Removed* this post has been removed from public view
  37. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    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
  38. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
    • *Removed* this post has been removed from public view
  39. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
    • *Removed* this post has been removed from public view
  40. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

    • *Removed* this post has been removed from public view
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.