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clock Created with Sketch. 16/04/25
16:24
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Originally posted by Ted Baxter:
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Mate, before you get too carried away, maybe you might have done some research and seen where this Company has come from? Some of us are holders from the disastrous Gascoyne days (GCY) where our investment was torn to shreds by bullshitting WA miners that lie about the grade of material they intend to dig up. I got into GCY after the mill was commissioned and there was even a runway for fly in, fly out workers. It was more than a prospective penny dreadful. Despite being 'lucky' the receiver/Managers did the right thing (and they could have closed it down), our shares were watered down to a fraction of what they were. Most of those long term holders are probably needing the stock to go to $10 to break even. Not sure if SL was around then, but the pricks that were should have been done for allowing the Company to trade whilst insolvent, which is illegal.
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I'm sure he meant no ill intent mate. Always refreshing to hear from a perspective like this.
(20min delay)