Member Info for BB_hoppa

You heard the news. "....to progress from inferred to indicated" 6 months at least.

Please crystallise your paper losses and go. The sooner you do that the sooner the SP stabilises and we know current FV.

And those who still think brokers' FV notes will come now (and make a difference): if only investing was so simple...

Keep waiting for Godot!

....which shows Zeus' FV means little.

Short-term traders who are waiting the Zeus FV will (again) be disappointed when the sells will outweigh the buys.

There is no generalist II money in this, folks. It's an AIM miner. Generalists are precluded from buying (most of you don't even know that, I'm sure).

What II attention/money there is, is already baked in.

in other words, we are not waiting for the Broker's FV views. We are waiting for solid developments in the project, which have been written on this board countless times (and voiced again and again by the Board): Feasibility Study. Further drilling. Planning permissions. Government grants. Potential US Exim offtake interest. And project finance....

What

Early reports of oil rationing from Asia. The world is still complacent and the dumb newspapers are predictably focussed on "Trump said this - Trump said that".

But smart money understands that the Iran war will last long enough to upset supply probably as much as Covid has.

Demand destruction is kicking in.

As to us: I think RKH is rising because specialised investors are adding. They are adding because they understand the long end of the curve is complacently priced.

A good time to own RKH shares!!

When I saw the RNS and the name it gave me pause. But then I spoke to a mutual friend whom I trust.

He says definitely add! And buy your wife a nice present - early Xmas!

A grown up. Thanks, good post!

No, it won't spur the SP on. In fact I fear an underwhelming NPV figure may do the opposite and hit morale.

For what it's worth, in my book the Zeus update is not an event.

Folks, the sooner you accept the SP reality the better. Best you stop hoping for a miracle (e.g. Zeus update) to somehow reverse your paper losses in a day. It just won't happen.

Time and patience!

Chaps. This is just sympathy/comfort talk. We will not know the why of the sell-off. Sometimes it's better to be in the dark. Focus on what you do know.

For my part, as a shareholder with an information disadvantage, I stick to the fundamentals. I own these shares because the project makes economic sense (you watched the webinar yesterday, right?), the supply/demand balance is favourable, and the timing (AI expansion & resource wars) is right. Significant risks exist. Hence all the small print before you press the button to buy.

HOLD!

Yes tungstenman, it does raise suspicion that the private placees have offloaded some but we can't know that unless the co tells us in an RNS (which would not be pretty for the SP). My gut tells me that's not the case though. Too dangerous a game to play and why?

Like I said in my recap yesterday afternoon, I see Zeus update as a price risk in the short run. That's simply because (as evidenced by the title of this post), there are simply too many short-termist PIs to be duped and god, do they show their hand....

Anyway, added 1m this morning at 4p09.

This will soon go to the 5-6p range guys but you have to be patient.

Folks, apologies I over-posted today. Promise this is the last one.

Let's recap:

1) As anticipated, the MRE update has come in "good". Not outstanding, but pretty good.

2) The MRE update being good HAD BEEN more than priced-in. In fact, it had been overbought. Evidently. Say what you like, at the end of the day the SP reality at the close is 4p40.

3) We'll now talk about new milestones, first of which is PFS. The good news in the video call was that some of the work towards the PFS has already been done and things are ahead of plan, which is extremely positive and underpins the Board's position when they repeatedly say they are intent on fast-tracking Redmoor.

4) My big takeaway from the call was the American interest. A US Exim pre-pay deal is almost guaranteed in the long run. We have a not-yet-in-production disadvantage vis a vis peers like Cornish, First Tin and Pensana, but that said a prepay can still be LOI'ed.

5) Brokers: I see the Zeus FV update as a short-term risk for sentiment. They'll underwhelm with an extremely cautious update and upset the mood.

6) Medium-term risks: US-China relations are extremely unpredictable. However unlikely China can always use Tungsten supply as a bargaining chip and upset the price. I don't even want to talk about this one tbh.

Bottomline: I added 2m today. So.

Yes Supra, almost spot on. And added back the 2m I sold at the peak. All in all not unhappy today although I sympathise with fellow traders who didn't see their anticipated SP explosion today.

Folks, it's not the market, it's you. I have been there and learnt the bitter lesson.

HOLD this share, it will come very, very good in the end. the thing to adjust is your time horizon and patience. The big money is in the waiting ;)

In any stock with a low ££ volume, MMs hold asymmetrical power. For them it is easy to push the price down with numerous small trades (therefore a small aggregate ££ amount), which gives them the ability to influence the mood and push weak hands into selling. They scoop those sells and then the same manipulation plays out in the opposite direction.

Added 1m at 4p57 just now.

Lower and I'l keep adding, please sell them to me MMs.

Angel just posted a "Flash Note" with a BUY recommendation and no target figures that I can see.

4p78 that is sorry..

Just added 1m @47.88

14:03pm, let's see when it'll show, almost certainly after hours.

Otherwise the SP appears to be going down on low volume, excellent BUY opportunity. Lower and I'll keep adding.

Crowded days on the board are a pain but good opportunity to spot and filter quite a few manipulators.. Done 3 so far just this morning.

"2-3 years for PFS" is a blatant deramping attempt.. The Board has repeatedly indicated the exact opposite of that. They can't of course give out numbers but they did use the words "expedite" and "accelerated".

We've all been there.

To process (what appears to be a mispricing) we the individual investors should imo start with "more likely than not it's me".

What you're looking at (and much more) is available to very VERY sophisticated players with far deeper pockets (and influence) than PIs.

Long and short of it, the current SP is the right SP at this point in time. That doesn't mean it will stay here. Do your research, make your call.

My two cents: we'll stay in the 4-5p band for at least 6 months. The difference between SML and other mining/oil exploration plays is Redomoor is now a strategic asset for the West. That sounds great, but could really backfire too, as flippin' politicians will likely get involved now.