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He also confirmed "no specific hurdles, just administrative delays".
From JM
"The MSC project agreements are with the counterparties lawyers, there were some delays over the holiday period at their end for various reasons which meant the December target was missed.
We will provide an update to shareholders in due course, we're following advice from our Nomad."
Sure but I'd rather have brutal accuracy even if that's saying "we could give you a timescale but ultimately we're not responsible for said timescale so we won't even if you beg".
I dunno. Maybe no timescales at all in future. If Quadrise aren't responsible for the specificities of deadlines then don't provide them at all.
"Here’s something that does justify high levels of anxiety - why don’t you all let that sink in?"
Nice and toasty warm. Not feeling the anxiety though.
"those who said the MSC tripartite agreement would be signed, before COP, during COP..."
I mean, it wasn't the company that mentioned COP and I've always said COP has nothing to do with anything. The shareholders do tend to trip themselves up with this nonsense
"You would not agree to a trial if you know that the compasny only has cash for a further 2 months."
But you would if the company had cash for 3 months? How has the situation changed since last month and weren't these questions asked and answered in the AGM?
Although no coverage in much of Kruger.
"Some say I was wrong predicting 2p"
I mean, you were objectively wrong. It isn't 2p. Also you got the direction wrong. It went up, dramatically, by the new year. Although obviously if timescale doesn't matter anyone can be right with any guess. Also your spelling is such that you're either drunk or six, I'm not sure which.
But it's not 2p
You're correct, the EMS has been increased to 200k from 30k, or £5000 approx.
"The DMM (Designated Market Maker) for the stock must hold a pool of that stock to ensure liquidity and an orderly market"
Yeah, for this share I believe it's 30,000 shares, almost nothing. The MMs influence here is almost purely theoretical, as the volume of shares traded through them speaks to.
You predicted "2 pence by the new year" in mid December when the share price was 2.22p, so you predicted a 9.9% decline in price.
On the first trading day of the year the share price was 2.98p or a 34.3% *increase* from the date you made your prediction. This means your prediction was incorrect by a whopping 43%!
It'd be incredibly difficult to be more wrong than that. And that's why all these traders never make money.
"requires around 100% GROWTH"
To be sure! I can't imagine such a marginal level of growth, since any real growth will be in response to contractual progress which will in turn provide an infinite amount of income growth.
"You are incorrect because the post was directed at SC not SR."
Alright that makes more sense. Sometimes it's difficult to keep my twelve identities in check.
Ok you and Vince are long term holders, congrats. What's that in response to and what was I wrong about
Oh and not for nothing but me being a stickler for how I honestly believe the market works and you preferring people being seriously ill are pretty clearly defined in my ethical handbook.
"SR stop being such a confrontational tw*t."
Never!
"matching the buying ratio quite closely"
As. Opposed. To. What.
"This tripartite agreement needs to be signed within the nxt 2 weeks if its to be taken seriously by the market for the forthcoming fund raise which is inevitably coming."
I mean this is obviously not true