It's interesting to see you downplay a director's level of...

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Rob826

3,791 Posts.

1469

11/04/24

06:40

Post #: 73287177
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Originally posted by GCar: ↑

lol
Talk about scraping the barrel!
We have indeed been notified of the progress, and the team is approaching getting the problem sorted. You can call that “limited progress” all you like, although it doesn’t make it a reality.

Btw IF a strategic partner is indeed waiting on expansion permits to seal the deal, then there is no reason that couldn’t happen any day now; and that would not necessarily amount to this director’s buying being insider trading - it could very easily be that they had no unique knowledge of when that might happen.
Same goes for the plant moving to continuous production; it could very easily be that the director has no unique/inside knowledge of when that “will” occur, and they are simply taking the opportunity to buy since it is likely quite soon as per prior guidance.

It’s quite funny that it’s just the usual crowd trying to put a negative/delay slant on every damn thing they possibly can.
Not surprising at all, however, considering some have stated 6/7/8 cent entry targets and some “actively trading” to try to recover losses….
They’ll say anything to squeeze out a pip, it would seem.

The comparo chart shows we are essentially still just moving with the sector this year…. Actually at the upper end of it. Nice!
Watch for the divergence upon major catalysts, imo.

imo
Dyor

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It's interesting to see you downplay a director's level of awareness. You've stated that Pietro could very easily not have unique knowledge of when a strategic deal may take place, or when the plant moves to continuous production. I note that you've been very specific there, because it's not just his knowledge of the when that is relevant, it's the "what".

Anyway, your comments seem completely contradictory to those you were making a couple of years ago when another non-executive director bought a similar amount (Bruce McFadzean - $30k). Back then you said "there is no doubt that he would have had detailed discussions with JZ and Pablo regarding the planned operations and all the associated detail surrounding permitting, expansions, etc."

So one director would have all the associated detail, yet the other may not have unique/insider knowledge. Which is it mate?

AGY Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

2 Great analysis

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