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My summary of the last few hours - Investor shares his workings and extrapolated forecast relating to the financial hydraulics of this company and its share price. Then with polite language the most astonishing and blatant condecension to this sharing, attacking (via sharing their view of them quite literally as children!) the person and the attitude rather than the maths and the extrapolation. Then they are asked to respond to the maths and Kalan says this request to respond to the maths is bullying!
Come on. BB we share views, research, its up to the reader to put their risk / negativity / realism filters upon what they read - they can even share it for good BB contributions.
Play the ball and not the man.
HD43,
If you listen to the recent podcasts and comments from Leon the IRH OB1 project is moving at pace.
Just because there hasn't been a specific announcement on this doesn't imply it has been delayed or there are issues as you imply unless you have any information in the public domain which states differently? If there is I would be interested if you could share them.
ATB
Northern
Yes I agree. What could get the share price motoring in the short term is an announcement from tweedle dum and co that the "electrical components " have arrived on site.
Although I highly doubt those two have the balls to ask the hard questions.
It's a valid point HD, an interesting question and may explain why we haven't had the final rubber stamp from IRH. But I'm focused on Roan right now. 30 days to go, will we get a nice early surprise?
I asked YOU a question. Based upon the predicted price for copper and the stated growth path of JLP do you dispute that 120p is attainable if those forecasts are correct? I will refrain from responding to your continuing insults, pathetic though they are.
Why stop at 120p, why not 240p, 360p? I think you are being very negative.
Why are all your responses so confrontation gotreal. Answer me this, what is the timescale for your 120p, little man.
Thank you Frog, if you believe, you believe! Personally i feel 15-20p is too early, but look what happened previously. However this time i feel circumstances and time are on our side. Bar world war.
Yes Frog, there was a MAD rush in December to secure the capacity of the modular manufacturer hence the main reason for the placing. So 5 months later and I would of thought 2 of the modules have atleast started manufacturing???
Otherwise we have paid our supplier to do nothing?
I see goalposts been moved again!!
Hi mikie, my apologies if you got that impression. Not mocking you. My response to gotreal perhaps should have been separate to yours. I like your enthusiasm, but I do believe you can get carried away! Let's hope you are correct. Personally I would be delighted to offload a third of my holding at 15-20p and just let the remainder ride for the dividends.
Frog, time scales, i guess are very individual. I have set myself a time scale of 3-5 years before i may start withdrawing, but i plan on leaving the majority. As i feel there could be a very tasty dividend. I do not foresee the company stop growing. There is too much ambition and too much opportunity, although i review this regularly. At present as you continually mock me, along with some others, i am very positive and will not change my view or belief.
Good question happydays, we have been distracted by the Roan upgrade. Why not ask that pair of bozos from the Sunday Curry?
Agreed on expansion SeisNav. Exciting times indeed.
Frog
The reason it has been civilised is because gitreal has not posted. Like a small boy behind a fence calling the big boys names because he thinks they can't get him. Utterly pathetic. @mikie, of course we will not stop growing . What is the timescale for the small boys 120p prediction?
On that note, I have some questions I would like confirmed.
We are now in May, have we actually started to build the 4 modules for IRH JV. I think Leon said he bought out the capacity of the manufacturer. We building 2 now then another 2 later this year.
I haven't seen any news out on this for a wee while?
Just a gentle reminder to please be civil guys.....we were doing so well over the last couple of days and the bickering and sniping and piling on has returned again.....can we nip it in the bud and park any pettyness this evening now and return to proper discussion?
Thank you Northern. There’s way too much doom and gloom around. We all live for a little hope and Jubilee certainly give me some hope. You do your research and no matter how much research you do, there are no guarantee’s. Ultimately we are in Leon’s hands and i firmly believe he is a winner. I am backing Leon to build a major here from very little. Sometimes it’s just written and my gut is telling me, this is one of those fairytales.
Assuming the modules work as has been forecast then the only thing stopping expansion is the speed at which the modules can be rolled out. If that happens then we should expect the same kind of exponential growth that we have seen in chrome. Small scale miners will be queuing up to get involved. The partnerships with IRH will provide early cash flow to get things moving.
On another note, I was looking at the area around Thutse and there are lots of old open pit mine workings around there, I think there’s still massive potential for growth in that area too.
Meanwhile it is the 1st of May tomorrow clock's ticking.
Everything you said Edzi. Spot on. Talk sense and the same group turn on you like a pack of toothless hyenas.
Hi guys
Will ply in the morning
Out at the moment
Edzi, I did go to the AGM and did meet and speak to Mikie and others on this board adn enjoyed meeting them all. Mikie doesn't hide his optimism for the share and there is nothing wrong with that - in some cases it is nice to temper some of the doom merchants.
We also spoke at length to the NED's to first hand understand the initial issues with the copper.
What I will say is they have a plan which could manifest itself in short order. I don't go for SP predictions as anyone who thinks they can predict the market is often wholly wrong.
Do I think Leon will get this right like he has with Chrome - yes.
Do I think we are in for a steep rise in the valuation of the company - yes.
Everyone is entitled to their own opinions and long may that continue!
ATB
Northern
Edzi, i went to the last AGM and will be going to the next. You say you are not going to be rude, but you are very rude. False stop. In all your insults you still havent answered my question. You say the share price can get to 50!60p. So at that point they stop growing?
Edzi.... pots, kettles..... Do you disagree then that with a modest output of as little as 50,000 tonnes, and we will be producing that in 18 months or so, a copper price heading much higher, that hundreds of millions profit becomes inevitable....? Then there is Chrome.... PGMs, which will probably recover ground and who knows .....
I'm sorry Edzi but the only figures that matter are earnings PER share. It matters nothing whether there are 300 or 3 billion shares in circulation. Stop talking nonsense.