Short Term Trading Weekend Lounge: 2-4 Nov, page-66

My system has highlighted the sellers all seems to be from Cygnet and the top guys of the company; with exception of Chiappini who is a Cygnet Director and IVZ director has added more. Some of these guys run a family fund with other peoples money so sometimes they'll sell to derisk depending on the market conditions regardless how good the acquisition. So perhaps that was the case here.


Anyways it looks a class asset and government really pushing for its success. Hopefully a quality JORC comes out next week. Recent articles shared by McMillan suggests he likes what he sees. I'm not too fussed about sovereign risk - zimb. is quite good tbh and also considering I'm happy backing co's in DRC lols. Alot of these African countries investors fear are far advanced than what they put out to be...although there are small pockets of strong corruption scattered across.

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Also havent been on HC much since update and still havent figured out how to reply to multiple people via "quote reply" on the same post so if anyone can help me out there would be great. I think the update tried make it a better educational tool and more formal with less attention on discussion and more on official asx/media release but whoever designed it messed up the contrast. Everything is so white with little contrast to really push out where you can click. 

anyways ill just reply to here:

Valen; am amazed myself how I pulled off that horse lmao, I think the universe is trying to tell me something. 

Roberter; hahah GenX are literally masters of blaming everyone else in their shortcomings. Although the more time I spend on financial social media its crazy the stuff people blame their financial decisions on. How I grew up, if you leave couple gold coins visible in your car the window will smashed into and nobody blames the robber, each person takes responsibility no matter how messed up the situation. I could get blindsighted and have someone do the runner with my investment, still my fault lol. Fingers crossed mate, hopefully TAO comes through eventually, although I feel it'll be really skimming that "1 year" time-frame. Anything can happen in this game though.

Have a good weekend all