Member Info for andmillsy

Just took a few more and showing on london stock exchange with trade flag OILQ
Never see this before - anyone know what it is ?
Description on their help section is
Negotiated Trade Waiver Condition
N, PRIC, NLIQ, OILQ

I just dealt like a normally do through Fidelity.
Thanks for any insight

I had been asking the same question Ben and got to same conclusion as Lucky but with a bit less trigonometry !

Still little to no social media presence on this so giving it a small push...
https://twitter.com/andmillsy/status/1454018078627479557?s=20

I agree Steve - implicit completion details hole / date/ length / location / interpretation of direction
BRDD-21-022 29-Oct 810 m North SW
BRDD-21-023 29-Oct 868 m North West NNE
They kept drilling for long distance so very positive

22 was approx same position as 17 but 17 extended open pit to ENE and 22 into main body
23 was approx same position as 18 and 20 but 23 extends by my reckoning further North

CE"Sounds to me like somebody has had sight of the raw assay data for 11 and 12 and they are just awaiting in-house analysis and verification before publishing more 'positive' news..."

Hole 10 complete 12 Aug at 769m. Assays 29 Oct
Hole 13 complete 02 Sep at 855m. Assays 29 Oct
Hole 11 complete 19 Aug at 673mHole 12 complete 19 Aug at 498m

How / why did 13 jump the queue or why are 11 and 12 apparently delayed ? 

Geo obs from 11 and 12 were:

Hole 11: "512m of visible chalcopyrite copper mineralisation from 110m, with two zones of stronger mineralisation noted within the main (western) part of the deposit within intervals 130m-173m and 282m-444m. The eastern flank of the deposit was intersected with a 49m wide zone of visible mineralisation between 573m-622m."

Hole 12: " A 187m zone of mineralisation was intersected from 204m in the main (western) zone, with a 74m wide zone of stronger mineralisation occurring between 204m-278m depth."

Intriguing ....

dh243
Only one that springs to mind is that Australia gets invaded by a hostile foreign entity in a land grab to secure vital commodities!

Cheers insiderknowledge appreciate hearing your perspective. Good weekend - hang on a min - it's bloody Friday tmrw and I'm working... ho hum

May I ask what was the trigger to jump in now?
Gut, fundamentals, chart.
Recent fundraise and Cyprus JV are the only real new elements imo. I've taken a few more recently but not wearing your xxxxl pants.
All the best

Thanks Snooz good catch - formula error ! Correction below.
lbs incl new 3 mil 18,855,601
$/lb spot 47.25
fair value $ 890,927,147
liability $ -6,500,000
cash $ at 26 Oct per RNS 21,500,000
cash from placing 150,040,800
less cash for KAP 1mil lbs @$47.58 -47,580,000
less cash for Courzon 2 mil lbs @$46.32 -92,640,000
NAV$ 915,747,947
$/£ 1.3740
NAV£ 666,483,222
number shares incl 30mil placing 183,671,232
NAV per share £ 3.6287
YCA sp 27/10 2pm 3.6000
discount to NAV -0.790%

sorry the formatting is messed up by LSE when posting but hopefully you get the drift.

Sensitivity analysis at current exchange rate
$1 increase in spot gives a 7.5p increase in NAV assuming NAV calc below is corect.

Here is my attempt to calc NAV post placing. Note the derivate liability will be cleared and consequent cash reduction but I have left here for now as no net impact. Placing costs aren't accounted for in below.
lbs incl new 3 mil 18,855,601
$/lb spot 47.25
fair value $ 890,927,147
liability $ -6,500,000
cash $ at 26 Oct per RNS 21,500,000
cash from placing 150,040,800
less cash for KAP 1mil lbs @$47.58 -47,580,000
less cash for Courzon 2 mil lbs @$46.32 -92,640,000
NAV$ 905,927,147
$/£ 1.3740
NAV£ 659,335,624
number shares incl 30mil placing 183,671,232
NAV per share £ 3.5898
YCA sp £ 27/10 2pm 3.6000
discount to NAV 0.285%

I'm riding the waves Snooz and not dipping in and out but your "10% rule" provides food for thought. I will top up again here as the U bull story is compelling and approaching quicker with this action from YCA, announcement that KAP will also buy spot and a global realisation that clean baseload carbon free energy can only come from nuclear.

IK "I have a small buy order at .9p what do you think are the chances of hitting it?"
This may be an old fashioned approach but I would suggest to buy now at 0.14p and rather sell instead at .9p

Noticed that - it always seem UT at end is lower than true bid / offer mid point - rather strange today.

Thanks Prickly for the update.
All the best

Thank you CE for the update. Would have been nice to have caught up again.
Cheers

Thank you Bob for the update. You deserve the pint and maybe at some stage we can celebrate with one! Cheers

Any info from those who attended? Would be grateful to get any insights
Thanks

Unfortunately I can't make AGM but would be grateful for any snippets of information from those who can attend. I hope it as informative as the evening in London with Colin a couple of weeks ago.

Another CB company had an issue with inflated xrf results BZT. I'm happy we are not using it.