Member Info for AmyStake

cash in bank and can now look forward to Stanley Workovers. Onwards and upwards

""We have decided to halt drilling to appraise testing a large anomaly extension at Evlim close to these intercepts. The company is also preparing numerous further targets for percussion drilling, to be followed by a diamond drilling programme"

Lots to look forward to here

Imagine what happens when results land in the coming days and then they start more dirlling. Its the perfect storm for a huge HUGE rerate

10p+ incoming

Did 200% in April on drill results.

This is early stage by my word its about as bullish and positive as you can get.

Could go mental today as people know there will be newsflash landing thick and fast from here

"This is a highly encouraging early result from our percussion drill programme. The intersections, totalling approximately 40m, are by far the widest we have located so far. We have now drilled three target areas, have encountered sulphide mineralisation at all three and, importantly, at the predicted target horizons. This has added considerable confidence to our target modelling."

I'm guessing. So I have no idea. But given we are at 0.6p already I can assure you it wont be a 0.6p placing. So yes 0.4p or 0.5p probable now

Why would people put their hand in the pocket to pay more than 0.4p when that was what the last placing was done at?

I know i wouldn't. All thats happened was a short squeeze when placing cancelled and then retail pumped it up to 2.3p lol.

At no point has the company done anything to justify its in a better position now than it was prior to placing.

That being said be nice if they got it away at 0.5p but absolutely no way it will be higher than that

VERY optimistic lol. 0.4p or maybe 0.5p placing incoming. Wait for clarity before buying as the company can't make it anymore obvious they are in process of raising funds

Looks like block selling into retail buying to me.

RNS just now...

"The Company continues to require further funding in order to fund, inter alia, its contribution of US$1.5 million to Greenfield pursuant to the JV Agreement. Until such funds have been secured, Greenfield will not be in a position to materially advance operations at the POSP, which includes making the required upgrades and being able to undertake the proposed work programme."

Being soaked up by sellers behind the scenes. Live ASK ticking down.

So predictable. Sucking in retail money

Looks fairly solid in the 0.7s

However liquidity and volume dried up

They still need money so my guess is 0.5p/0.6p placing this week.

Which would actually be great for holders given the previous cancelled placing was 0.4p

Not sure how i could be burning when i called this a sell at 0.85p live on this lse forum lol. But keep dreaming.

Still waiting for that test of 0.6p support. And eyes on a placing as well

Expect it to be back sub 0.7p today as warrant holders take advantage of the recent rise and liquidity.

It was 0.73p to sell at 10:57am. The 10m trade was a sell. Thats a fact.

But you can spin it if you want. Sure a few will believe you.

I mean some believe that fi a trade is printed blue its a buy or red is a sell lol

Looks like more warrants being flushed into the volume. Thats best case.

Worst case is MMs got wind of a placing and are forward selling

Why are you buying the top of a spike? Classic FOMO. If you liked the RNS you should have bought at 0.69p this morning.

This is the problem with a mega rampy board. Newbies end up getting spiked constantly

It goes down from here. Lower high about to be in play. Shed loads of warrants being flushed into this and probably MMs forward selling a raise. Standard AIM market mechanics. Nothinb tanigible in todays RNS. Man never went poor banking profit

Nice to see a rise here. The RNS actually reads as a delay hence they are extending the MOU until September. Remember to lock in profits as not much coming from Billingham project short term. Be very surprised if they don't raise some money into this news. Look at EQTs history...

Sensible and well done for locking in profit after a 450%+ rise.

Knowing how placings work no one wants to do a placing and help fund EQT after the juicy news has landed AND pay a premium for it lol.

They are likely to do a placing first then start announcing contracts etc so that the placing holders are nicely in profit and everyone is happy.

Those thinking anything substantial lands prior to a placing are deluded as thats just not how things work in the city.