Hi Rodi,I don't believe I used the word 'stress' at any point,...

Hi Rodi,

I don't believe I used the word 'stress' at any point, hence the name Mellowmarquis :) I do however enjoy a robust debate and the fun aspects of financial forensics (of which this hopefully won't turn out to be an interesting case study.)

I bought into the stock because I could get large(ish) volume at a very low price, so the only way is literally up with exponential profit....well either that or lose all of it. I am completely comfortable with that exposure if the latter eventuates since I analysed the risk beforehand and consider my investment to be chump change.

-/Start Rant/-

I bought in, not because I'm excited at the prospect of uranium and the profits to be made (a long way down the road) when people realise coal sequestration is at least 100 years away (if ever even feasible) and renewables don't scale. I bought in because I figured that once the people who follow the pack start getting excited then it may go up to 5 or 10 cents (maybe more!)and I can sell out when I see the top of the swing and have made a tidy profit (but certainly not enough to retire on). I'm relying on herd mentality for short-term gain rather than buying and holding until the world catches up and the facts pan out (which could be tomorrow or in 10 years).

Whether it's uranium, oil, guns or butter, I'm not interested in the asset, but rather the trends which create demand (or percieved demand) for that asset, so I can buy-in before everyone else gets excited.

My sentiment of 'None' is more than apt considering my complete indifference to the stock for the reasons above...also, I do not care to be seen as providing any advice since I don't know anyone else's motivation, means or risk appetite. I am not an economist or accountant, just a nobody (happily) who enjoys the occasional punt based on herd behaviour.

What does annoy me however (by principle) is dishonesty and lack of transparency as you mentioned. How any listed company can try to appear respectable after releasing a document backdated by two months and yet still not audited or even properly endorsed as being a complete and truthful representation of the facts appears laughable to me.

I am not implying any improriety on anyone's part, however there are many things about this story which don't add up.
I wish that were not the case, particularly for anyone who has high exposure to this company.

Also, being a shareholder, the last thing I wish to do is downramp the shares but anyone who does wish to buy is advised to check their facts carefully and weigh up the percieved risk vs potential big returns.

-/End Rant/-

Am happy to keep chatting on this strand on anything of interest. I do however think I've suitably raised my concerns to say 'buyer beware' and don't wish to keep harping on about those issues.

Best of luck and cheers..........Mellow