Hi All
the shorters must be loving the discussions going on here, we are helping them spread the fear. yes i have been guilty of pointing out mistakes in reports but some of the posts are as someone put it crap. someone the other week said no sales, i pointed out the sales and then they came back talking about cash is king receipts. we never had a bad debt, cash coming in, we have money in the bank. talk of getting money out of china, company has covered this, no problems, i believe they are retaining money in china to pay for the expansion. governance personally i don't like the word has a negitive feel to me , yes talk about strengthening management but governance sound like we have a problem. directors selling so what doesn't mean they don't believe i sold some up at $1.50 and as you know i'm a true believer and have been buying more the last month, people know doubting this years forecast because of the weather, if we meet forecast great if we don't have we lost any contract NO the sale just goes into next quarter, a read something the other day about the gap at 45c shit really, talk of going to 50 to 60c, question on next year forecast i spelled out where i saw the breakdown , if people disagree with forecast next year spell out where you see it and why all good discussing it but don't say not going to be meet without backing up why you think that why. comments about xingyun disappointing. started as 1m per month, as far as i see 3500 tons is over $10m in 7 months all going to plan we are going at a higher rate and another boat on its way to increase further . all this negitive stuff we are doing the shorters job for them
to me not enough positive comments on the like south lake thats great, company said projects are staged, we done a part of east lake for the games, a couple of other small lake and now the south lake, wheres the discussion on the value of this ($5m to $10m ? ) and the likelihood of the whole of east lake being done ? other lakes in the area
very little talk on the second alpine lake, we know theres nine we have 1 so that leave 8 , the company has said the second one much bigger than xinygun , theres only about 4 much bigger and one in fuxain which has good water quality so knock that out that leaves about 3 it could be and ones 250km and one 300 kms should we be getting excited about that, to me we have about 70% chance its a big one (although myself i'm 100% sure its either ehria or dainchi) . talk on macow ? i pointed out in april ? i threw this name out then little talk then and now we see bewg involved and the company mention the region but again little discussion .
other thing worth discussing is the shorts coming down and if you have been keeping a eye on the asx list each day these have dropped of heaps in the last week.
just saying plenty of good points to discuss, remember although some selling people are buying they are looking at all the positives this stock offers
thats my rant for the day
thanks
Mickem
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