Member Info for airborne

Just imagine if we got the JV, then additional licences approved and some footage of physical works - it could do multiples very quickly. I think once the JV is in place credibility of that deal will do us huge favours.

We need to start evidencing that our grades (exceptional) and capacity (deeper surveying to come) means we’re actually conservative on our assessed potential. This should be a once in a lifetime opportunity for me and I’m glad In loaded up!

Thanks for your read on this, Ando. I was thrown by the 25% we saw go last Friday, which I had wondered if it was an NED or such shedding off before a closed period. Now I’m not so sure.

This has been a traders dream lately as it moves on such small relative volume.

I got so exciting here in the gym I didn’t finish my post!

I hope the news to come flows in the right sequence for sp development, and that anyone who’s been in this through those tough sub 1p days gets out what they wished for!

Oooh! The board just got exciting 😂.

Lots of upside to come, I hope the

Traders can smell a quick 25% from 4pps. If I had the cash I’d be in for it

Reflecting on the admission document from Dec 2020 (when the sp was 12pps!), we need to remember that it CMET was reversed into the cash shell of EPO. IIRC there’s something like £40m of tax credit available to the company if it remains UK domiciled for earnings and taxation. Not an insignificant consideration for the board. I think that lone will stop a buy out in the short term.

We’ve all see the analyst view of 46-70p on known resources etc. With the ‘false dawns’ we’ve endured so far, and the fact we’re on AIM, IMHO I think we’re likely to see around 12-15p as our future base. This making us valued c.£40m. I think we need to see physical action (diggers opening up site, lanes marking, port being dredged and refining plant being built etc) to push us up and beyond that point. I think some of that can happen really quickly once the funding is available, so we’d bounce on north of my estimate in successive bounds on a regular basis.

It’s super transparent - someone has liquidated a wedge of shares here and thrown the money into ORCA. cross matching the timing and size of trades tells a very clear story. Someone is either very optimistic or foolish on chasing that ace!

One person liquidated c.£15k of holdings in six transactions. I’m guessing they thought they’d get the best price that way.

No dramas - we need liquidity to have a market and I’m sure they’ll be sold again soon

Company credibility continues to increase as these (if looked upon individually) small measures improve the governance and access to knowledge of the business.

I think we’re probably on a few pinboards as a T/O target now as the potentially is worth the investment risk. I hope we hold our nerve and grow a business which is dividend providing and worth holding for the long term.

Great find Andoman! Sheffield Resources being Aussie, I wonder if this could prompt a third interested ‘agency’ or Australian state support? I doubt we the UK would suddenly find some magical stimulus funding for CMET as the USA government might!

Ffs! I meant Greg 😬😂

Agreed. What gets me is the simplicity of mining, and then the resource expansion opportunities. With the right backing coming alongside, we’ve got a company which is primed to provide strong returns.

The question of dilution sits as a omni-present concern with AIM businesses, but in this case I think the reticence to take the LB deal previously shows that Mr Frayne has his head screwed on properly and is looking for value on any agreement. CMET is in the driving seat now!

Just a logic check: would LB have to match up their percentage ownership to Sheffield? I don’t think so but something is in my mind that they’ll insist that it must be equitable.

It’s maybe that’s because I’m giving LB some ‘first mover credit’ and so figure they’d insist on being in on an equal footing.

For the amount of emotional investment here, I really do hope that we get our fair rewards for hanging in there during those hardest days when we were sitting at 1.06p 😬😂

Relatively quiet regarding the two recent RNSs. Today provides more confidence to me that we’re moving into the uproll phase. I’d like to run my own numbers to determine how my holding will provide returns I. The next 3/6/12 months and beyond should I hold for dividends

Reassuring RNS’d news!

I’ve been lurking in the background and being quiet for a while (a miracle!).

I’d love to be a fly on the wall and hear how LB Group are working this through - I’d suspect they’re busily running new numbers and feeling some pressure!

£313 of trades showing and we’ve got an 8% uptick. I give up on understanding aim (hoping a big order is being worked!).

It has been incredibly quiet since the excitement of November!

I hope that the silence is down to hard work on getting deals done. I’m looking forward to the update on how the company is going to move to production. Us LTHs deserve some good returns for our dedication!