Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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Shareholder Action Group Mk II, page-59
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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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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"...
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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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Fellow Shareholders, Franky1 and I are at it again after kicking ideas around over the weekend we have sent this to the Company .. .. .. ..
To: The Board of Firefinch Limited
Dear Sirs,
With the Company previously initiating the process of obtaining a class ruling from the Australian Tax Office as to the tax treatment on the return of Capital, and given that there is an anticipation that the negotiations and/or the good faith discussions with the Government of Mali will be concluded April 2024, what are or will be the Company's plans moving forward in regards to:
(i) Holding the Annual General Meeting
(ii) Estimated time line for th Return of Capital (cash) that will be in excess of the requirements for the Company to maintain the entity's status, working capital and provisions for creditors
(iii) Will the Company be including as an Agenda item at the next convened meeting of shareholders, a resolution to effect the return of cash as per the Company's previous undertakings across multiple Company announcements.
Under section 256B (1) of the Corporations Act, a Company may reduce its capital provided three requirements described below are satisfied;
(a) the capital reduction must be fair and reasonable to the Company's shareholders as a whole; and
(b) the capital reduction must not materially prejudice the Company's abilities to pay its creditors; and
(c) the capital reduction must be approved by ordinary resolution of shareholders under Section 256C of the Corporations Act.
With the anticipated timelines and minimum required notice period, and the latest date to holding the Annual General Meeting being 31 May 2024, and also considering the Leo Lithium Shares currently held in an ASX escrow due to expire 23 June 2024;
It was an approximate 6 week time fram for the Australian Securities Exchange ("ASX") to consider and make a decision to the treatment of the escrow shares held by Firefinch Limited following the previous request to Leo Lithium to apply for a waiver under Listing Rule 9.1.
Is the Company considering or has the Company requested Leo Lithium to re-apply for a waiver, which would position the Company to be able to expedite the time frames for the distribution of the escrow shares by:
(iv) allowing the Company to be in a position to include a resolution as an Agenda item for the next convened meeting of shareholders, to effect the in Specie distribution of all Leo Lithium Shares being conditional of their release from ASX's escrow restrictions? or;
Firefinchshareholders have been constantly reminded that the Company has been working inthe best interests of its shareholders but since being placed in a trading haltand subsequently into suspension, that has now drawn out for 21 months, therehas been no indication nor suitable outcomes that has demonstrated this hasbeen the case as the Company’s focus and emphasis has been centred around “goodfaith” discussions with the Government of Mali, which was fundamentally in theinterests FFX shareholders but grossly biased to the local community, local stakeholdersand the Government of Mali.
The Company has terminated the "Process" and the Treadstone mandate which was assumed to entail either a Scheme of Arrangement for the Leo Lithium shares held by Firefinch or a Take Over of the Company, a show of "good faith" to the shareholders would be demonstrated if the Company made documented undertakings to;
(a) not pledge as security, sell, use as a payment or otherwise deal with the Leo Lithium shares that might prevent, prejudice or restrict all or some of the current holdings being 210,941,428 of Leo Lithium shares from being distributed to Firefinch Shareholders.
(v) With the anticipated outcome for the disposal of Morila SA approaching, will the disposal be delayed pending shareholder approval for the transaction?
As the Company has neither denied or confirmed the content of social media sites to the settlement amounts, will any financial settlement as part of the disposal of Morila SA (if there is a financial settlement component) also be contingent of gaining shareholder approval either as a seperate resolution or as part of the Morila SA resolution?
With everything that has been going on over the prior year and to date, the following is a courtesy reminder of the additional information that needs to be included in the Renumeration Report.
By way of background, Resolution 1 (Non Binding Resolution to adopt Renumeration Report) for period ending 31 December 2022 received 52.86% of the votes cast against the resolution and this represents a first strike against the Company's Renumeration Report for the purpose of Section 250U of the Corporations Act 2001 (Cth)
As a consequence, the Company's subsequent Renumeration Report must;
(a) explain whether shareholders concerns have been taken into account and either;
~ (i) how they have been taken into account, or
~ (ii) why they haven't been taken into account.
A second strike could occur if the Non Binding Resolution to adopt the Renumeration Report for the period ending 31 December 2023 receives a no vote of 25% or more. If this eventuates, shareholders will be required to vote at the (same) Annual General Meeting to determine whether the directors will need to stand for re-election within 90 days.
~ if this resolution passes with 50% or more of eligible votes cast, then a "spill meeting" will take place within 90 days.
Since the Company is on the verge of delisting and after any remaining assets are returned to shareholders, a liquidation will likely occur to finalise the Company's operations. The group believe shareholders should set aside emotions (won't be easy) when making voting decisions. A spill meeting would be inconvenient, and both a waste of time and money, as it would serve no purpose.
There is a high probability that there will be a second strike, considering what has evolved over the previous 21 months, it should be no surprise that there is a low sentiment and very low regard held towards the Company's Board of Directors, (both present and past) both iterations of Managing Directors, Key Management Personnel, the Morila Mine Manager and Kep Management Personnel at Morila.
What is the current Board's plan for post delisting to achieve any remaining value (after the completion of the capital/ assets being returned) out of what once was a $ billion company?
Is the Board considering the value of tax credits/offsets for a possible sale of the shell for scrip as consideration of a back door listing? With the current shareholders to receive a proportional distribution of consideration shares of a New Company ("NewCo") after FFX shares are consolidated as to not disadvantage NewCo, also include a minimum 6 month escrow period of any distribution of consideration shares received by Firefinch Shareholders in NewCo.
Points for consideration working in the interests of FFX shareholders to the advantages of an ASX backdoor listing available to both FFX shareholders and NewCo, are but not limited to;
(i) utilisation of the Firefinch share registry (post consolidation) to satisfy minimum spread requirements imposed by ASX,
(ii) Firefinch Limited will be a moribund entity, a backdoor listing transaction will potentially enable shareholders of FFX to regain some of their capital of owning FFX shares, which would otherwise be lost if FFX were to delist and be liquidated,
(iii) a Capital Raise undertaken by NewCo in relations to the a backdoor listing may be undertaken at an issue price of at least $0.02 rather than the minimum $0.20, although conveniently Firefinch's last trading price was $0.20.
The relationship built with Treadstone Resource Partners during the "Process" would stand in good stead as their business model and expertise is ideal to match unlisted companies with assets to meet the listing requirements without the necessary additional costs of a new listing/IPO versus backdoor listing with Firefinch Limited.
Gilbert and Tobin's relationship and intimate knowledge of Firefinch coupled with their expertise would also aide in expediting a backdoor listing, which has an estimated timeframe of 22 weeks.Some may say demented ramblings and others may think these are sound ideas, regardless of how you roll, anything that can contribute to capital return should be foremost in planning and exploring all available options for and inthe interests of all shareholders.
Regards
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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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