Member Info for AIMtodeath

Errrr as a constant deramper (and liar) on other boards and a multi banned account you ought not to throw stones in glass houses WiseOwlSpeak.......

As the NPV rises as more is found under the gorund and pricing of the sold metal increases significantly the capex doesn't....an underground cost doesn't change much. Last time it was calculated it was $86m?? So after inflation and maybe upgraded plant (to achieve greater recoveries....which in turn raises NPV even more) could sit at $125m vs a possible $1b....so hundreds of millions needing raised is equally as fanciful as 20p a share right now.

Seems a more reasonable L2 price now that they should have gone to after open.....

I am surprised they jumped from 6p bid to 7p bid so fast withough buys at 7 and above.....but they like doing that and without fail in SECONDS 7p bid gets spanked.....

The unseen trades are still driving this around....

Until buy volume picks up the seller is killing any liquidity......

Executive Directors & our @CornwallRes subsidiary MD attended a Parliamentary breakfast hosted by the APPG for #CriticalMinerals, @CMA_Minerals, @innovateuk & @ResourcingTomo, where the @biztradegovuk outlined the key aims of the UK's new Critical Minerals Strategy

Both major parties have already talked about own resources and coal in the energy mix..... because of what they have been told about the energy policy....

I think there is no doubt that coal is in it and message to people is new Gov should and will follow this need for coal as it can save the economy whilst we build out renewables but over a generation.

Its like a new Gov mandate.

How the carry it out, with what resource and extraction method will probably be left to new Gov though.

If you are invested for MRE and enhanced size and price inceases into model then current RNS' would suggest all is good and value will out after the release. What happens inbetween is just noise and trade activity....often it has no correlation to end result. Many never invest and just play the results hoping for 10-20% but can't grasp the bigger picture unfolding because selling everything has become the AIM way in recent times.

This is all you need to know.....

"We have a lot moving at once, but execution is solid and we are still targeting first copper in late 1Q26."

Https://www.proactiveinvestors.co.uk/companies/news/1083477/lse-reportedly-targets-wild-west-bulletin-boards-in-crackdown-on-market-abuse-1083477.html

We are currently valued at failure, there will be a correction if go ahead is given......If the overburden was worthless then you could see a lower ball offer as will be steep CAPEX, but this changes the game. Easier to repay loans when you have income from the start, not 3 years down the line.

I suspect if they give mining coal the go ahead and they give open pit mining the go ahead but not us they are in for an international arbritation tribunal. They would have to prove that the modelling for environment etc was flawed or not good enough, but if this isn't good enough I doubt any others would be. They are poorer quality and years further from production. Phulbari is literally their golden goose to get the energy revolution restarted!

We'll be worth that post energy policy and elections....$500m minimum.....

It's coming........ tick tock

And 7p is hit immediately it gets there..... grrrrr. Buyers just below 7 and sellers on anything just above 7....so it it oscillating here.

When the L2 prices change as in this case the ASK dropped from 7.5 to 7..... there is always a flurry of small trades buy and sell at the full BID and ASK prices. I'm not sure the reason but it happens across a number of shares.

The loss in price is the spread chamge when the ASK moved first.

The extraction will be contract mining by Power China regardless......

Nah, the BID had already dropped to 6.5p after 3 small sells (35k, 25k and 5k) and when it did that, then the circ 300k (309407) was sold....when ASK dropped to 7p roughly 300k (307912) was bought and ASK moved back to 7.5p

The 50k at 7p 11am is a UT and some fool that got part bought with 15k shares in the auction just resold them at 7.005......dear God!