Yeah mate.
Just not going to bother posting much until Nor drop a big announcement.
I'm guessing Disco might be also thinking there's no point wasting time responding to blatant down ramping, when a poster reports every post on here they oppose.
Moderation seems to be severely increased this week, since some new posters have arrived and were getting out of hand. Apparently much less is being tolerated.. So if this post needs to be moderated, no dramas! (Just don't want a suspension - especially wan't to be posting on here if Nor drop a big revenue announcement Monday)
Billy, love the ongoing subtle HC manipulation too (just happen to suggest 50m units getting sold)! Still trying to convince yourself and others that the #2 holder and I (who hold over 50m units between us) might want to offload some between 3.5-4c... I will again confirm, for the last time, NONE of ours will be sold near current prices, and in fact, I don't think they are done buying! Will be awaiting much larger profits!
I will happily shout you a beer at the Elgin when Nor show us the significant contract, and maybe the #2 holder will even join us!
..and, like Billy said.. There's no point continually going over the CR rubbish. It's what Non-Holders do, they want to think they can prevent the price from rising. We all know what the company has stressed so many times, in forecasts, quarterlies etc.
I think the monthly spend was last projected $235000, and I seriously don't care if anyone wants to argue "if" that's what it will be, etc. The R&D alone basically covers 5 months.
The company has said numerous times that they are funded through the financial year as a WORST CASE/BASE CASE. People can either believe them, or not.. but the recent quarterly proved they were on track, and surprisingly, there wasn't any expected down ramping following the quarterly! The CR choir was silent...
I have personally asked the question recently, and been referred to the forecasts in their previous announcements, and have been told nothing has changed, obviously the market would be informed if anything did.
So, we land a significant contract, that draws revenue soon, we are well ahead of the Base Case scenario.
Even if/when Nor do raise in the future.. I don't understand how it is even a bad thing!
They won't be raising any time soon, especially not before significant revenue news is released, once they have proven themselves to patient investors.
I know downers simply much shout CR over and over when that's all they can think of, but if Nor were to raise again (I assume if/when the price is much higher), it would be them making a big investment to further develop and expand. Definitely not raising to stay alive.
The recent presentations are brilliant, it's clear to investors that Paul is developing and expanding the company as fast as he can. They will be biting right in to the market, and becoming a serious player very soon.
I'm expecting news definitely this week, and any buying should see the minimal sell depth cleared very quickly. We're only closed on 3.2 because a trader bought Thursday and sold them late yesterday, combined with the usual bot rigged close by -1 share to get it to 3.2. I noticed 1 of disco's recent posts was also removed for "unsubstantiated information", where he suggested we see 4 announcements between a few days ago and xmas. I agree completely, and it is substantiated information.. The Nor AGM presentation states clearly that we are to expect a $500k-3m contract in December, World Message launch, World WiFi launch - There's 3 announcements, we had 1 yesterday, and the AGM presentation also suggests and Multi-national Engineering firm contract awaiting signature. I think they are telling us there is a minimum 4 announcements.
Anyway, no need for certain posters to respond or argue with any of the above.. discuss if you must, but I won't bother getting in to any back and forth. Just waiting for big news, and hoping it is pre-open Monday.
Overall, I believe what the company says
Will check back tonight, or tomorrow.
Looking forward to that beer soon, Billy!