George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
All your posts suggest is you are a bitter trader that despite having 559 days of profit failed to action a sell and now trying to take your anger out on the company and other investors.
It was good fun in the old days Pumpky, I’ve lost count how many times I’ve bought and sold this stock........
What took you 559 days not to trade it in profit this time??
So lets get this straight Amtech's problem has nothing to do with their decision not to sell for 559 days in profit and 559 days losing position.... So how is it a problem when it had no affect on their value of shares? Or just lashing out at the one and only thing they can think of....
Merchant -If you look at the presentation with the stages of the DFS, the more costly items will be further down the line when it comes to more drilling etc. Stage one is all about pre-qualification, enhancing the project plan to increase project plant size and tonnage. This will lead to offtakes and funding in order to deliver an updated DFS and enhanced NPV. So the $2m should get them far enough down the line to add value before moving forward with the more costly parts of stage 2 and 3 of the new enhanced DFS.
NOTED.... By front loading the DFS with DFC money you create a condition in SP value that can mean less dilution or put the project to a point that other parties would help finance?. I still think any money from an offtake for no equity and paid pre DFS completion is a big ask and wholeheartedly agree that if you pull it off it would be kudos to BRES, they do sell the project well there is no question about that. I will be first to say I have often hoped for the best outcome but mostly got closer to the worst outcome so apologise if I don't think cakes come with cherry's on top.
Short you specifically said they could get the funding all from offtake and you 'thought' that is what the company was pursuing in your first reply....soooo your new line of insulting doesn't wash when this is what came out of you.
Merchant that just says you do not have to match the payments as they are made....nothing more does it say. I refer you to the 50% and explain to me what that means, no one has managed to do that yet. Was that a mistake, an error, it's not what they mean?
How is this FUD, it comes from an RNS....
The TAG provides for DFC to pay 50% of agreed costs within the Orom-Cross DFS, with Blencowe to provide the remainder. If half the costs are $5m....what do you think the other half is.... go on try....have a guess. Have you an EXACT figure in writing or mentioned by BRES how much they have to contribute?
There are lots of stories out there what it might be made up of..... but one possiblity is equity, but that was not what my original post was aiming at, but more the ones that are pumping it are serial pumper and dumpers and I merely said be careful. The mention that it could be all equity got some people's knickers in a twist. Instead of a reply that said here is the reasons why we don't think it is going to be that, I got some heresay and insults until some adults arrived. Aggressive responses I suppose are expected if someone doesn't tow the party line.
Show me this FUD then, show me were I made anything up based on what evidence I have seen? If you are talking about GROC.....I'm sorry you can't say anything postive about those figures and it is not FUD to point out that the figures are nowhere near BRES.
Clever, it also brings out information better informed hold but not often put out there, even current holders can learn something/get more background.
Shorty if you knew this information you'd have said it yourself but you didn't know or you would have said it, but your investment is based on what you have sort of heard from others.
'Wherever' was to appease you as you seemed certain it could come from elsewhere.
I've made an ascertain based on reading BRES RNS, if you have access to further information that can change that opinion from other areas I'm all ears, those further invested spend more time reading and researching and have a wider selection of notes from which to gather opinion. Educating others is not difficult, I'm happy to read facts presented, you on the other hand only provided conjecture and 3rd hand info.
Warrant holders are not cashing in at higher prices unless they felt they could lose them and were absolutely sure they would see price rises. Often warrant holders actually sell current shares to buy warrants at a reduced price.
I've said nothing of the sort. Only you seem to have a daily opinion on it....
It is only 'you' saying they misled investors and it is 'you' that gave a timescale for how long 'you' thought that lasted. If 'you' bought before the announcement or bought inside your timescale for belief of the statement the price rose AFTER that period was up. If you then bought higher than that then you did so AFTER you had already decided that imminent was going to happen.
But you have said that the statement no longer held true after 2 months. Then you had a whole 559 days in which to make your OWN decision on continuing the investment.
There is no correlation between what you deem was a 2 month misleading statement and your decision to hold through 559 days of profit.
By your own ommision this statement has had zero implications for your investment decisions because you decided after 2 months it did not hold true. At this point you didn't announce to the world it was misleading, nor did you for the next 559 days as you sat in profit.
You cannot not be a negative deramper....
Posting facts or challenging you is not deramping. The results of the PEA are not as good as other junior miner economics graphite or otherwise - fact. Derampers tend to post thoughts/ideas/conjecture of no substance, facts speak for themselves.
Instead of proving me otherwise you just reverted to name calling
Until you provide me with proof in writing that the company do not require $5m from 'wherever' to complete the DFS then you are just guessing. The official cost of the DFS must be $10m because the company have stated as such in a RNS by implying that the DFC stumped up 50% of the DFS costs. Happy to be 'proven' wrong with something concrete rather then your feeling.
I agree $5m free is a super result and having further support come finance is a super result, and there could be some twist pulled out of the bag in respect to how the next 50% of the DFS is funded, but the fact remains the worst case could be $5m paid for by BRES and one should be wary of this....hence why one should be careful of the twitter pumping and not getting carried away with 'ideas' that have no substance or proof.
Pointing this out shouldn't be something to be getting excited about, unless you want to sweep that risk assessment under the carpet because you don't like the possiblity of it....
But by your own words that misleading statement ran out in 2 months and the market has had 559 days to decide what to do AFTER that statement no longer held true to walk away.
You literally debunked your own problem.....hilarious.
Maybe we need to speak to FCA about a poster that is posting either false market commentary in which to affect price or an insider divulging information to the market.....both punishable offences.
How is it a problem, you had 559 days in which to make a profit?
For all the whinging you have been doing, you sure do sound like you have a 'problem'.... imagine the furore if you did have a problem....
We'll see within 2 months then, as that is imminently according to you. Then I'll have 559 days to decide my future holding.....
'hope MB sells you out down here'.... only the very very low wish losses on other people. Are you a lemon? Since you are soooo bitter....
Read carefully.... NO ONE is giving you $5m in a pre offtake payment to finance a DFS..... Welcome for you to provide me with a reference to where you have seen this before and if you believe it will happen in the graphite space.
And that is not going into difference in MOUs and binding contracts..... You will unlikely get anything binding until you are build decision and post DFS. Even the likes of BKT has had to surrender % of the company in offtake prepayments, you think you will conjure up a payment pre DFS and 3 years before production just for rights to your 'extensively' tested material (POSCO did 3 years+ testing of BKT).
'Without going into detail'.... sure sure...called PR