CYL 4.31% $1.11 catalyst metals limited

The only frantic ramblings on this thread are yours PC. Your...

  1. 1,460 Posts.
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    The only frantic ramblings on this thread are yours PC. Your desperation of trying to convince people that SGI is able to make money in its current form and under its current management by showing figures from 2 years ago is embarrassing for someone who supposedly has self proclaimed investment prowess.

    Under a No vote SGI will go to the administrators, CYL will purchase from the administrators, maybe at the same price, maybe less, the losers will be the shareholders and the winners will be the administrators.

    CYL won’t go broke as they have money on tap, they do not need to beg borrow or steal as SGI have done especially over the last couple of quarters borrowing more than what they can actually make, even from your own figures from 2 years ago.

    If blind Freddy can see, it I can’t believe you can’t. SGI is what we call a dog stock, is a turnaround possible, absolutely, but not in its current form, even PB has admitted that he’s ready to lose his money just to prove a point to SGI management. So the NO vote is doomsday for SGI and the outcome will be the same.
    ‘Their will be no other parties at the auction or we would have heard from them already throwing an offer into the mix.

    You keep bagging CYL for purchasing VAN before doing a deal with SGI, but when you look at it, it has stopped any other party from having an interest in SGI as they will need what VAN had to make it worthwhile. CYL probably put the nail in the coffin for SGI by making that move, absolutely brilliant move by CYL. This is why we back our BOD and you don’t.

    GLTAH
    DYOR.
 
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