Member Info for baggytrousers

I prefer the 25p-50p target of course... but if I was a newbie here not necessarily knowing the whole story I'm pretty sure I'd settle for 200% on this or any stock over the course of the next 12 months. Do bear in mind Malawi elections due in July...

John - if you read the AGM RNS properly it says there will be no new information given at the AGM.... why are you thinking it will be anything different??? Don't fool yourself.

no we weren't... lol

you only lose out if you sell at a loss. If you're prepared to sit tight, average down (if you have a high ave) and wait until 2021 then you should do at least 200% ROI from here imo. DYOR of course.

Not looking too clever here today. Traders moving on?...

possibly now not relisting at all. Read last RNS. Maybe 2021. Maybe never. If they can't make a go of TallyMoney in this market then they have zero chance of doing it in future.

the ramp has failed... lol

Looks promising although appears to be dated November 2019?... https://www.linkedin.com/posts/n4-pharma-plc_researchers-at-the-university-of-queensland-activity-6652822398833836033-ttko

they've pretty much said (privately) that they can't do anything in the current market so I'm just waiting for the next placing (if they even manage to pull it off which is 50-50 I'd say...). No good news coming here chaps I'm afraid

I'm surprised that they've said at least a year's delay on the BFS as I would have thought a lot of this work could have been completed at home, especially as they shouldn't have been fairly far down the road on it already. Covid-19 has barely hit Malawi yet and remember they border on South Africa where it's about to get very messy. Interesting though that the market appears to have priced in this news already. I was expecting it to drop like a lead balloon on open. Maybe later perhaps. Fact is, we still have solid cash surplus which isn't running out anytime soon and certainly won't be spent by end of 2021. Also, can you really see the US (and every other country outside of Asia) doing business with China in future if they have the option to do it elsewhere? I can't. Win win here longer term but it might be a rough ride in the short term. Hold and accumulate for me at these levels.

Someone's just taken £65k's worth. Not too shabby at all!

SR you're not a fool. Have some conviction in your buys. Psychology plays a big part in investing. You've done your research. You've made your purchase(s). Now is the hardest part. Waiting whilst all is quiet... I think we'll all be just fine. If this goes below 7p then I might have another nibble myself.

to say no one wanted GGP shares between 0.6 and 0.8 is one of the most mental things I've ever read on here. You obviously didn't do your research on the company properly.
I've been invested in GGP a few years now and if you look at their RNS feed they never sit back and are one of few AIM companies reliable on getting out regular news.

It's the BFS we're waiting on....

No one has said it's due in Q1. Stop making things up. It's due during 2020. To my knowledge, no exact date, month, or quarter was specified although I'm told they said 2020 to give themselves plenty of time, their internal expectation is it will be completed during H1 (by end of June) but they haven't RNS'd that as don't want to raise expectations if they fail to meet that date.

we already have the DFS....

I wish I was that pathetic I spent all day talking on internet forums about shares I'm not invested in. What a great use of my time that would be... LOL

dj - listing on main market is actually cheaper than, and comes with less regulation (believe it or not), than AIM - no requirement for a NOMAD being one example.

Hi ConMan... nice name lol. Restructuring of Noble Group (under which Talaxis was formed as their Rare Earths investment vehicle) hasn't helped the SP. DFS results last year which showed a 60% increase in mineral resource should really have kept this up around the 15p range but for whatever reason it didn't hold. Many shareholders see positive BFS outcome resulting in Talaxis providing full mining & pit operation finance taking their position in the Songwe asset to 75% thus giving MKA free carry on the project holding 25%. Not bad. A permit to mine is still needed but again this is expected to be a formality given the excellent relationship MKA has with Malawi govt. They also have 3 other projects outside of Songwe Hill. As SuperRoty has already stated, there is risk here as there is with any other share. Elections in recent years have seen riots and civil unrest in the country and this is often overlooked by investors but the long-term backing of Talaxis appears to show huge faith in the Songwe project and their approach to investing in R&D and helping to position MKA as a global thought leader on rare earths makes all the right noises. This could potentially be a monster in the making and investors haven't woken up yet, by a long shot.

they're at BFS stage.

THR is looking extremely spivvy at the moment... usual SI Capital client suspects in tow....