What do you mean Glencore aren't financial enough? They are one of the biggest mining companies in the world, if we were worth taking out they would be able to get money from somewhere to do it. If CE is just being told what to say and knows all of this (what is supposedly happening in the background), directors would be filling their boots with shares as it would be a no brainer, but that is not happening.
No one believes what CE is selling, dropped the talk of 100ktpa, now water business pivot (only just starting studies into this, how much capital will these studies chew up), bugger all exploration drilling going on while still burning through cash. Doesn't seem to be any big insto buying from all of his overseas jaunts.
The hyperbolic talk is just that in my opinion, CE trying to be a salesmen but the market has woken up to his antics as it is the same type of innuendo and hype he always uses without much actually backing it up.
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