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I think the problem is that as TF1 says progress from KML is slow and in their June quarterly report Sandfire said it would be end Sept when they expected to get to a MMR for A4, so no-one is expecting any really significant news before then. I don't expect any of the other investments including Cobre, to have the same major impact on the SP as KML and SFR are expected to provide, so we drift until end Sept at least, unless KML come up trumps in the meantime. So some holders sell up and search for quicker short term gains-possibly even from Thor which I'd all but written off.
Can you get on with then, please - i've got a house I want to buy :)
The whole thing is a bit frustrating, but hey I'd rather have very solid foundations and build something solid, than the shift house of cards that we had before. It'll come, likely in a rush as TF1 mooted.
Keep the faith, indeed.
I sometimes think the only way there’s going to be a rocket up metal tiger’s share price arrse is for me and don’t panic to announce to the world that we have sold out and gone rainbow chasing elsewhere. That’s 100% going to generate not only a huge spike in interest for the tiger but a massive uplift for the share price.:-)
Morning Tigers
Unfortunately I have to agree with boxer; when we look around us we have the “potential” to multi bag after one RNS. We have no debt, income,assets, cash in the bank and yet we are treading water and occasionally sinking before we catch a breath and rise up above the water line.
I find it very frustrating as I’m sure many other LTH”s do but I’m hopeful we won’t be getting too many more pointless RNS”s about permits, licenses etc.
We have an IPO this month on or about 22nd I believe from memory.
At some point Sandfire must put a value on the resource and that will turbo the SP up; KML seems to again be taking for ever and a day.
I sold out of GLR and sit on a bit of moolah just in case the SP drops again; they have started drilling in the Kalahari and only had their licenses recently bought.
On the one hand we (and our investments) seem to be drilling half the planet and as yet nada.. seems surreal but then the news will come in an avalanche and hopefully we will look back and think, well we did a little better than GGP and they are currently half a Billion from 6Mil a while ago !
Keep the faith fellow Tigers it’s on its way.
There is no volume in trades of these two shares at the moment. It will take time for the market to take notice of them. These will be long term plays for metal tiger.
Metal tiger itself seems to be in a backwater judging by the number of messages on here