So Singo, Uses random ASX statements of intent and financials...

So Singo,
Uses random ASX statements of intent and financials from a minnow showing massive loses, failed timelines, huge debt, etc, to decide to take a major position or speculate - in your opinion? You think he takes the $20 from the TLO as gospel truth extra profit as opposed to an estimate, when we have not been advised if they are mining profitably and at what price they are selling? Or do you think he might have gotten his advisors to make discrete inquiries (major shareholder due diligence anyone!), scour the cost analysis of production, transport, terms of payment, debt, etc?
Bollocks indeed.
Take your head out the sand and note that you dont enter his league reading random ASX announcements. You get that way by knowing or predicting events ahead of the ASX and the mug punters.

From the Motley fool on big money:

Their money is categorised as ‘smart’.
For good reason.
They have a huge edge over the common share investor…
Non-public knowledge of future events.
Greater investable sums, opening juicier doors.
Inside contacts. Ones with REAL intel, not rumours.
Research resources and information channels costing hundreds of grand a month.