Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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LNG
liquefied natural gas limited
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Fresh From The Cupboard, page-1438
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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....
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Metals & Mining SECTOR NEWS
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20 Jun 2025 SATURN METALS LIMITEDSaturn Metals reports thick, high-grade gold results supporting Apollo Hill’s potential for low-cost, large-scale mining and processing. In addition, a significant high-grade extensional intersection has... Read more
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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
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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
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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
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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.
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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
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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
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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
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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.
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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
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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
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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
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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.
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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
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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?
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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
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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.......
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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.
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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
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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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.
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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
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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On the one hand it’s a little disappointing when I take the time to post information on a Company that I am a long term holder of for other share holders to read, only to see it get taken down. On the other hand it’s a good opportunity to repost a better post with more information while within HC’s TOU.
So here we go again (with some added information):
LNG has enough cash to last this Quarter and management has said they are evaluating 6 options for raising liquidity; including the newly added options of taking on debt; entering into a joint venture or strategic transaction with a third party or; selling the Company’s assets or business.
It’s hard to imagine this funding limbo we’re presently in lasting more than another couple of weeks given management will want to keep their salaries in the next Quarter. Here are the options they’ve given us for raising liquidity:
1) Successfully marketing of offtake.... I doubt anyone believes this is going to happen this Quarter.
What do I think: No
2) Marketing of the OSMR technology.... If achieved, I doubt the funds raised would fund the company to financial close (probably enough for sumptuous lunches at Mortons Steakhouse though).
What do I think: No.
Shareholders should also be aware that last year the OSMR technology was already transferred out of Australia into a newly incorporated Delaware Limited Liability Company. I think this company is affiliated with the supposed new re-domiciled Delaware Company, Newco.
3) Debt funding.... I imagine we would be a very high credit risk in our current position and I imagine any lender would need to be satisfied we would reach financial close before running out of money again. I also doubt all the speculative market forecasts regarding BTA’s, SPA’s and FID that failed to materialise would give lenders confidence of us reaching financial close.
What do I think: No (Highly unlikely)
4) The sale of equity or debt converted to equity.... Seems unlikely shareholders will get an opportunity to participate in the sale of equity or convertible securities given remaining funds, time remaining to get the process underway and the unknown factor about whether the company has been able to secure a party to underwrite any shortfall. Another option would be the company selling a stake to another large investor, similar to IDG. Given the current share price, we should assume that a significant amount of shares would need to be issued to secure enough funding to get us through to financial close. This would lead to significant dilution for current shareholders. ASX Listing Rule 7.1 places restrictions on how much equity can be issued and under what conditions it can be issued, though it’s true that there are ways around these restrictions. In particular, shareholders may well retrospectively approve the issue of a large tranche of new equity, given the alternatives. It is however, worth considering the implications of the rule.
What do I think: Significant dilution, but the best option for shareholders! At least we retain some stake in the company and get to vote.
5) Entering into a Joint Venture or Strategic Transaction with a Third Party.... Presumably with a party that stands to benefit from Magnolia having all its permits. Our cash position weakens our negotiating position but our sites and permits are not easy to acquire, and are also expensive to acquire. I don’t like management’s involvement with DOE and Argo Global, I don’t like they’re history when it comes to transparency and accountability to shareholders and I personally don’t trust them!! This option means we are left relying on our management team to find a suitable partner and negotiate a good deal for us!
What do I think: No (Highly Suspect)
6) The sale of the Company’s Assets or Business
What do I think: Have funds been deliberately run down, leaving us with no choice but to sell our shares to a private investor? Or maybe even to management (through an MBO as evacuation posted on another thread), for a very low price on a take-it or leave-it basis?
Is this something management has been setting us up for all along? It’s not out of the question to me: get the business into a difficult position then sell the valuable parts of the business out of the Company, or sell the entire Company, to a private investor at a rock-bottom price?! It seems like a way to acquire a decent set of assets whilst management also gets to keep their jobs and salaries?!
I discuss LNG with many share holders; on this forum as well as with those I know personally. Many have expressed great anguish as a result of the ongoing and un-materialised forecasts. Many out there (some still holding very large amounts of LNG shares) are worried about what is coming next. Commentators like Foxdog, Monsieur Wilson and others have recently expressed their concerns; I have listed my concerns here, especially options 5) and 6).
Now a few other things I didn’t talk about in that moderated post:
The last Quarterly stated the BOD is obtaining assistance from legal and financial advisors. It’s worth considering if this could this be in preparation for the appointment of an Administrator. It’s also worth considering that we could be in the final stages of being set up for being low balled out of our investment, either through Voluntary Liquidation or a 'not so good proposal from one or more suitors’ (such as in option 5 above). Also worth considering is if management have worked out a way in which they could be re-employed to manage a newly formed private company!
A few weeks ago noairbags asked Why did Kinga Doris leave? She was responsible for all things legal: legislation, regulations, securities etc. Now they have employed new legal and financial advisors. Someone on the threads have suggested they already hadve a liquidity arrangement in place, so why a new team of legal advisors?
Monsieur Wilson recently commented on the difference between ‘optimists’ and ‘sceptics’. Of the optimists, I wonder how many think they haven’t already been screwed when it comes to their share value?! I can understand their approach to continue to trust this executive team manage the remaining value left in their shares, I just don’t share it!
As far as trust goes, I put it in the same box as accountability, credibility, integrity, factual accuracy, and open honest responsible and transparent communication to share holders.
As an example of this Company operations, I have provided a 'shortened' version of LNGL’s disclaimer below:
No representation or warranty is or will be made....in relation to the accuracy....of this document.... or the accuracy, likelihood of achievement or reasonableness of any projections.... contained in, or implied by, the Information or any part of it.
The Information includes information....that has not necessarily been independently verified.
Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, LNGL Group disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in this presentation to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statements were based.
....each entity in the LNGL Group, along with each entity’s respective officers, employees and advisers, excludes all liability (including in negligence) for any loss.... which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from.
What’s worth remembering is that this disclaimer does not absolve LNGL from its legal obligations under the Corporations Act or ASX Listing Rules.
Once again I will list 10 statements made by management between 2016 to 2019 forecasting finalizing binding offtake agreements, achieving FID and / or beginning construction.
12/16 “Finalizing LNG offtake agreement efforts”
01/17 “Moving to finalize firm offtake agreements in the New Year”
03/17 “Forecast FID in July 2017”
03/17 “Construction on the Magnolia facility is expected to begin later this year”
06/17 “Expected to have the whole facility contracted in the next 6 - 12months”
08/17 “Likely finish selling remaining capacity at the Magnolia project by the end of 2018”
10/17 “Confident of signing offtake agreements with credit-worthy buyers later this year or early in 2018 03/18 “There’s ‘real potential’ to get a final investment decision by the end of the year”
10/18 “We remain confident in our ability to reach FID whether or not China participates”
03/19 “Expected to make FID in the second half of 2019”
The statements listed above were not reliable and objective, and when those material statements didn’t materialise, we got further speculative statements such as “No one is horse trading, It’s not a matter of if it’s a matter of when, In discussions for more than three times the 8mtpa capacity of Magnolia, Contract talks have picked up significantly this year, The phone was ringing off the hook, Expect to make that call by the end of the year and so on, and so on!!
Share holders here know my views on trust, accountability and transparency regarding this Company, and I think share holders are hoping for either the sale of equity to someone like IDG (followed by a NASDAQ listing as Monsieur Wilson suggests) or a takeover (probably a low ball takeover), either way, with the SP at $0.11 I view us as having already been taken for a ride for the last four years.
I also view the worst case scenario would be if management put any liquidity raising off until the Company goes into administration and is sold off for a fraction of its worth, only for management to be re-employed to run the company again.
In the absence of information from the company regarding the above, share holders continue to feel a sense of anguish. My comments are so share holders consider the above, not for them to sell. What share holders should do is hold management accountable for what has happened to our investments.
Finally, I apologise for such a long post and for having to repeat some previously expressed points, believe me I do have better things to do!!
As usual, time for a coffee
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