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Should be interesting either way to see what this does this week

It looks good for us going forward over the next 6 months with weather out the way. Should see a good rise in income considering the company managed to make a profit in the bad weather and now we have good weather. Nice little rises would be nice. It wont be long before a few notice and come trading seing where it was last week.

I think thats from the other day although it doesnt have a date on it

Not me. Im looking to buy but when the time is right. I could point out a examples of a proper double dip but ill leave that. As long as the sellers sell respossible and let the sp climb by 4 or 5 % daily thats fine till they finnish selling so others can still earn some money thats fine

Too early to say looking at those trades. Certenly room for more play for the time being.

We seem to be making progress looking at the trades over the last few days. Grinding up steadily.

U missed the obvious one ajax for the kids ( boom ).

See that 27k short just close

Id give it a couple of days at least and see how many short it.

I shall have a read.

Hi all. What was the reason for the large drop

It would be better to buy after the consolidation i think

I cant see the accounts showing alot at this stage. Their not likely to want to show alot of profits as they will want to spend most of their profits on exspences for the first couple of years for tax reasons so it will probable show a small profit.

Thats good to see that you guys have an understanding of hows these things pan out. After all their still laying the foundations for growth. Takes time dont you think. Going forward now that they have an income they can put plans forward for alternative funding if needed plus make projections on how much plant is needed to move forward and costs on plant, wages, energy, fuel etc etc. Banks and other financial institutions will now see the company in a different light etc etc

Another thing. The managment have stoped the cash burn by letting subcontractors mine for them instead of it just sitting there in the ground costing us money so at the moment think of it like a pilot plant till their ready to put more stuff on the ground to up the amount they take out of the ground. Too many peeps are reading too much into it at the moment. Large positions were taken up a few months ago here so there will be some trading going on till things move in my opinion. Up or down at this level makes no odds its not burning cash so it makes no odds. Would you rather it sat there like lots of bigger resourses while they keep drilling whole burning our cash from placing like others still are or let them test the waters and move forward from that.

I would imagine the contractors on site would only put so much plant on the site till they know how much they can exstract and at what cost so that they can plan for more scope and prepare to put more machines and equitment on site once they know what they can get out the ground before they comit more resources. Its not like you set a big plant in motion without testing the ground before you can run otherwise they would be fools so give em time to assess what they need and want to move forward. You cant just throw a massive plant in there and exspect it to make money. Also to get to higher grade materials they have to work threw the crap low grade and other surfice materials which could be any thing from 0 feet to 30 40 50 feet who knows till its ready to get to the good stuff and bring more machines and workers in to make it cost effective so chill this is far too early to make judgement on

They have only just got going. Things take time. First building block to revenues and can build from the bottom up with no risk.

Cant really see what peeps are buying into at the moment. Possible 100% of asset still in the ground or 100% of a loss making mine. Later yes maybe but not yet anyway. The big buy is only to sell small chunks on small rises or spikes. Cant see any other reason till solid news hits the ground, not rumours from twitter etc

I just listened to as far as i know the latest podcast but it doesnt have a date on it. Only says the same as before so if it is new it didnt say anything new. Its good but like i said nothing new till its done.

I agree with valhalla. + Rumours will just get you burnt by traders. Sitting this one out for a while