BRN Discussion Ongoing

[Bigfella195]

Firstly, I would like to state, that I agree with the issues that were raised recently by " Cardpro " post to answer some of the points you have raised in your post.

IMO... I would also like to think/expect that there are most likely many other "Material Events" that have taken place, which have not been disclosed or advised of given the fact that the Co has historically conveniently coveredsuch matters by the usual Co deflection excuse of their being NDA involvement especially given the Co's lastest comment in the 4C specifically stating that "we are seeing the greatest amount of sales activity and engagement in the company's history"... and yet we know nothing about this uptake nor do we have any "substantive disclosure" from the Co concerning the basis of making such a comment.

Finally ...... In reply to your comment stating : " I'd love to know which material events I'm missing."
I would like to bring up the most significant fact which imo is that with all the excellent TSE / 1000 eyes dot joining investigations, work, articles, news releases, podcasts, facts , figures, management likes on social media etc etc etc etc ... imo... there are most likely many other material events taking place that we have not been made privy to ........ Are we then to think, that all that has been disclosed here by TSE and the 1000 eyes is all BS and of no substance ???

Very disappointed by the 4c. Didn’t expect huge numbers but $100 000! Since Sean has taken the helm his greatest achievements that we have been made aware of are making the website look bland snd hiring lots of sales people who haven’t been selling. My biggest gripe is that under previous management, shareholders were kept abreast of developments as much as possible which kept the excitement bubbling, under Sean he has closed house and we are left in the dark until surprise surprise here’s a rotten 4c with nothing solid on the positive front, all we get are vague comments about positive things. We have all taken a big hit today and Sean’s quarterly was more than underwhelming. To me he seems to have a disregard for shareholders unlike previous management who brought us along for the ride.

 

[Mccabe84]

I think it will finish between 79-80c this afternoon.

 

[robsmark]

Very disappointed by the 4c. Didn’t expect huge numbers but $100 000! Since Sean has taken the helm his greatest achievements that we have been made aware of are making the website look bland snd hiring lots of sales people who haven’t been selling. My biggest gripe is that under previous management, shareholders were kept abreast of developments as much as possible which kept the excitement bubbling, under Sean he has closed house and we are left in the dark until surprise surprise here’s a rotten 4c with nothing solid on the positive front, all we get are vague comments about positive things. We have all taken a big hit today and Sean’s quarterly was more than underwhelming. To me he seems to have a disregard for shareholders unlike previous management who brought us along for the ride.

I couldn’t agree more. He’s done nothing in my eyes over the past year and if he hasn’t delivered his promise by the next AGM then it’s time to start looking for a replacement.

 

[TechGirl]

This is FF after he posted on Tsex, he's dancing cause he's very proud that he can shower & post at the same time

 

[Iseki]

Hang loose guys.
If it can drop 14%, it can easily jump 25% on good news. If you've been a holder for 18 months you'll know this.
Just stop with the notion that BRN management don't care, (they could make anns but just don't.)
They will be hurting as much as you, if not more.

 

[thelittleshort]

For someone who joined TSE yesterday morning, this one seems to be a bit too much upset about the 4C.

I understand everyone reacts to it differently, and understand the frustration from a few of long termers, but if you join the forum yesterday ONLY to vent, time to find a counsellor not other share holders.


View attachment 20405

 

[jtardif999]

Watch the Financials the Ceo stated, 1 question how can a company not have to explain reports to there shareholders & keep everything a secret , how does shareholders have faith in a company saying nothing, how do we know if it's all bullcrap , Just saying

We’ll take it from a LTH who in January retired on BRN free-carry, there have been many times in the past when our faith in BRN management has been tested. In early 2020 when most here were at least 60% down the company decided to CR at 4.5c for roughly 3 million to help finalise the Akida chip samples manufacturing. As we know after Covid hit the market was pretty rock bottom. There were a lot of disgruntled share holders after things started to pick up a few weeks on and perplexed as to why the company couldn’t raised at say 6.5c. They did what they did when they needed the money and we just had to suck in some air and try to understand the BRN bigger picture at the time. Now we all should try to do the same IMO - then it was about productisation, now it’s about commercialisation. More patience and the worm will turn and those that bought in on a de-risked product at much higher prices than earlier LTHs will feel more of the love I think.

 

[CWP]

The fact we had a buy to sell ratio of 1:11 on open and now we’re back to 1:1.5 shows that there is still strong support in the background. 16.5 million shares have been gobbled up in less than an hr to.

 

[Sam]

A shorters dream now to pick up silly nervous nellies shares. Park the 4c, we all know what's coming.

Geez I wish I had cash on hand, might consider selling a kidney at these prices

 

[Yoda]

We got too much revenue in the 4c and market was happy with it that’s why

Sorry for some reason I didn't get the alert on Commsec that the 4C had come out. I've now had a look at it and understand. It is disappointing although I'm not that surprised. This will take time and patience will be important.

 

[Cardpro]

Management should wake up and not repeat brain studio, accelerator, chip sales, etc. I know people here are amazed how great the management is doing but I disagree. Brainchip fked up few times already and they no longer can afford to fk up and repeat the history. Now we will definately be kicked out from asx 200, even more sad.

But tbh only change is that they didnt get any cash inflows this quarter, doesnt really mean the 2 mill+ (unless somehow they cancelled orders) the revenue is gone...

 

[Sproggo]

Just came across this information whilst reading Chalice Minings just released quarterly from their Julimar deposit 70km East of Perth. It's copied and pasted from their report

Artificial intelligence/machine learning driven targeting exercise underway across the entire land
holding, using the Julimar geochemical/geophysical ‘fingerprint’ to target similar host intrusions
Edited with a bit more info
2.2 West Yilgarn Nickel-Copper-PGE Province, WA
First-pass reconnaissance exploration activities continued over Chalice’s ~8,000km2 land holding in
the new West Yilgarn Ni-Cu-PGE province, with the majority of the area to be covered by end Q4
2022.
An artificial intelligence driven targeting exercise is currently underway across the entire land holding,
using Julimar geochemical/geophysical ‘fingerprint’ to target similar parentage intrusions that may
be fertile for orthomagmatic sulphide mineralisation.
This targeting exercise utilises advanced analytics and machine learning to assess the potential for
orthomagmatic Ni, Cu, Co, PGE deposits within the region. Results are expected in Q4 2022 and will
assist Chalice in prioritising and potentially recognising new targets within its large tenure holding.

 

[Izzzzzzzzzzy]

Sorry for some reason I didn't get the alert on Commsec that the 4C had come out. I've now had a look at it and understand. It is disappointing although I'm not that surprised. This will take time and patience will be important.

All good, I was just trying to light up the mood hahaha

 

[FabricatedLunacy]

Tank . We indeed had something to do with an iceberg today…

Also not worried, just scrapped together another 300 for more shares. Deluded or genius… I’ll know in 5 years

 

[alwaysgreen]

This is turning out to be my worst day on the markets. Anyone available to give me a hug?

 

[FabricatedLunacy]

This is turning out to be my worst day on the markets. Anyone available to give me a hug?

Just turn off the app/browser. Nothing good comes from watching today.

And yes it’s nasty…

 

[LexLuther77]

So much for it being priced in lol... I am a little suprised it has dropped so much. Perhaps an afternoon recovery is on the cards...

 

[DollazAndSense]

Try to stay positive everyone. Cooler heads prevail. Avoid checking the share price if possible.

At least a few beers this weekend should be more palatable than the latest 4C!

 

[Izzzzzzzzzzy]

This is turning out to be my worst day on the markets. Anyone available to give me a hug?

I only give rub and tugs, how does that sound?

 

[db1969oz]

This is turning out to be my worst day on the markets. Anyone available to give me a hug?

I feel ya! Not good to see when you have a decent chunk of them!