A40 (ASX) have we got a ship?

Originally posted by kropka ↑

NB

If you read my comments, I am one of few A40 posters on HC that is also critical of MC and BOD with regards to their bonuses, undelivered promises and our current state of finances.

However, other produces are in some kind of dire straits too.

What I noticed is that many regular A40 posters are staying away from forum and IMO this is due to ever increasing number of non holders making their appearances due to falling SP and (as usual) disappearing once good news arrives.

As a A40 holder, I think I can make positive and no positive comment about A40 but would never waste my time going and picking faults with AJM, GXY etc. on their forums.

IMO if anyone holding AJM, GXY etc have enough problems with their holdings in those hard lithium times that paying attention to stocks you don't hold makes no sense to me.

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Hi Kropka,

I have no issue with you, I looked at a few of your posts and it would seem as if you are a long term holder suffering pain like everybody else (including myself) holding the juniors.

I took some exception to being called a ramper when I firmly believe that I am not and as such asked for proof. If you or anybody else can show anywhere where I have made a false claim, unrealistic deduction or promoted any stock at the expense of another then I will stand corrected, apologise and go away.

Do you honestly believe that long term stock price increases will come from wild claims such as we have a new customer from Japan and taking an extra 15kt in July? Then mix this with outrageous and unrealistic dodgy profit/cash flow forecasts and pad it out with a bit of pseudo science.

These types of posts/claims are not in the interests of any long term stock gains, they pander to a select few who trade the stock (and have admitted it) and ultimately take away and delay any potential and sustained stock revaluation.

At this stage only a fool would try to forecast future cash flow, production and sales of any of the juniors as none of them have delivered on their previous estimates and its highly likely that this will continue for another quarter or so.

The market is being controlled by the Chinese and we are all passengers hoping that the various juniors can trade through the current difficulties.

Outrageous claims are not helpful to any long term stock holder.

Cheers

Newbie Thomas