Member Info for BigEvi

Isn’t it great to have a broker working for us for a change. Getting the cheapest price for as many shares as possible .
As a LTH it gives me a warm glow inside to see these shares being taken off market and no spike for traders to take advantage of.
Bring on the 15/1 - Cobre IPO and signing of USA/ China trade deal :)

Date of purchase

2 January 2020

Number of shares purchased

3,600,000

Highest price paid per share

1.385 pence

Lowest price paid per shares

1.385 pence

Volume weighted average price per share

1.385 pence

The buyback needs to be managed conservatively, as I don’t want our money being spent on a fast spiking share price for the benefit of traders not LTH.
The object is to support the share price and reduce the number of shares on issue. The lower the price they pay for the shares the more shares are removed :)
I’m sure that some traders who bought in on the expectation of a nice spike and quick profit will be disappointed.
So far it’s being managed very well IMHO :)

ASX release 27th December 2019
88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) provides the following update related to the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the Central North Slope, Alaska.
Highlights
• Initial snow trail from Dalton Highway complete
• Ice road construction on track to commence within days
• Operational activity for Charlie-1 progressing to plan for February 2020 spud
Operations Update
The Nordic Rig 3 will exit the Dalton Highway approximately 20 miles south of Deadhorse before it begins its 30-mile journey on an ice road to the Charlie-1 location. Construction is complete for the initial snow trail to the first lake that will be utilised for building the ice road. Production of the ice road itself is scheduled to commence prior to the end of 2019, weather permitting.
Everything is proceeding as planned ahead of the scheduled February 2020 spud date.
88 Energy Managing Director, Dave Wall commented: “It has been a successful year for the Company, having matured part of the conventional potential at Project Icewine to the point of a farm-out that makes a lot of sense for our shareholders. We are now on the cusp of drilling a potentially transformational well, Charlie-1, in the first quarter of 2020 and are looking forward to a safe and successful operation.”

Try reading it again :-
A US$100,000 cash payment upon signing the Agreement;
Newcrest has a minimum commitment to spend US$2.6 million on Exploration Expenditures within 18-months from executing the Agreement;

That's a measly $2.6m against our $65m :)

The buyback is optional not compulsory :) the bod want the shareprice to reflect NAV of the business as there is a clear disconnect at the moment. Hopefully MTR will not need to use the full amount of the buyback funds as the share price is heading in the right direction. Then in newsflow will kick in to drive the price higher in 2020 -
Seasons greetings

AND THIS :-

Kalahari Metals Limited - Botswana Drilling Update

Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an exploration update for the Kalahari Metals Limited ("KML") Botswana copper-silver (Cu-Ag) exploration projects; Kitlanya West ("KIT-W"); Kitlanya East ("KIT-E"); and the Okavango Copper Project ("OCP"). The Company has a 59.81 per cent interest in KML.

Highlights

-- OCP 2019 Drilling Programme totalling 1,656m has completed with the six holes (OCP01 to OCP06) successfully proving the presence of D'Kar Formation ("DKF") and Ngwako Pan Formation ("NPF") stratigraphy and the DKF-NPF contact that hosts prospective Cu-Ag mineralisation. Hole OCP06 has intersected two wide zones, totalling 85m, with visible Copper-sulphide mineralisation, between 240m - 255m and 272m - 342m downhole depth. Visible sulphides in OCP06 include chalcopyrite, bornite and minor chalcocite hosted in veins, fractures and disseminated forms, with increased intensity proximal to the DKF-NPF contact. Core samples are being sent for assay. Holes OCP01 to OCP05 also display anomalous lead ("Pb"), zinc ("Zn"), silver ("Ag") along with elevated Cu values based on portable XRF analysis and logging. All holes, except OCP05, intersected the DKF-NPF contact at the modelled depth.

-- Botswana Department of Environmental Affairs has authorised the commencement of exploration activities including drilling at KIT-W and KIT-E. Gazetting of the required Environmental Management Plans ("EMPs") has completed and drilling is planned to commence testing structural targets at KIT-E, 5km from the T3 Deposit (which is 100% owned by Sandfire Resources NL) and its planned processing plant, in early 2020.

-- Seven compelling drill targets have been identified from coincident regional soil sampling and airborne electromagnetic geophysics ("AEM") results in the KIT-W area. The conductive targets associated with Pb-Zn soil anomalies, likely representing lower DKF units, are sited in a range of fold closure, anticline hinge zones, T3-type 'domes' and traditional limb style settings, all of which are considered prospective for Cu-Ag mineralisation.
Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented:

"We are very encouraged to report the intersection of wide zones of copper mineralisation from diamond drilling at KML's Okavango Copper Project, on the Kalahari Copper Belt, in Botswana. Whilst we are still awaiting core assays the presence of trace copper sulphides, over a total interval of approximately 85m, may represent a mineralised halo to potentially higher-grade copper mineralisation nearby.

We can also report the Botswana Department of Environmental Affairs has provided authorisation to proceed with exploration activities including drilling of high priority targets on KML's Kitlanya properties.

Sandfire deal and Cobre IPO I just the start- don't forget about :-
Pan Asia Metals - Corporate and Exploration Update

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on Pan Asia Metals Ltd's ("PAM") corporate and exploration activities in Thailand. PAM is a privately owned South East Asian focused metals exploration and development company with a focus on lithium and tungsten. Metal Tiger currently holds a 7.62 per cent. interest in PAM, having been diluted down following a recent issue of ordinary shares in PAM.

Highlights

-- Preparations for an initial public offering ("IPO") of PAM on the Australian Securities Exchange (ASX) are on schedule, with the IPO expected in April 2020.

-- To date, PAM has received AU$900,000 of a planned AU$1.9 million capital raising for the IPO with commitments received for approximately half of the remaining AU$1.0 million dollars.

-- Thailand Department of Primary Industry and Mines ("DPIM") has advised it is in the final stages of approving PAM's Exploration Prospecting Licence Applications ("EPLA") at the Bang Now Lithium Project in southern Thailand.

-- Thailand's Electric Vehicle ("EV") and Lithium Ion Battery policy initiatives are gaining momentum, with Mercedes beginning battery assembly in Thailand and a total of 13 international manufacturer companies being granted EV privileges.
Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:

"We are pleased to provide an update on Pan Asia Metals Limited, the south east Asia focused battery metals exploration company. PAM is on schedule to complete an initial public offering on the ASX in April 2020. The strong growth of the electric vehicle and battery manufacturing in Thailand, supported by positive government policy, represents an opportunity for PAM to position itself as an important supplier of Thai battery metals.

We look forward to supporting PAM as it continues to push the project forward and will announce further updates in due course."

Thanks for the advice Keith - I have been invested in the tiger for nearly 4 yrs so I have seen the ups and downs and as you say under promise and over deliver is what we are looking for :)

It's great to have a blue week - thefirst of many :)

It's a game of cat and mouse- we want to buy the shares as cheap as possible and we want the price to go up - catch 22.
It's a nice problem to have :)

Short term share price is only relevant if you are trading or selling - I'm doing neither.
We are now funded by Blackrock to allow MM and his team to RAMP up production during 2020 with no distractions of running out of money etc
The production will do the talking and that will sort out the share price.
LTH will be rewarded for their patience :)

Oldie couldn't care less re spike - I've been in for over 4 yrs and will remain a lot longer - this is going to be a great success and when the naysayers and trolls have moved on I will be reaping the rewards.
Black rock do not just hand out money willy nilly - they do due diligence hence the delay in announcing - 2020 is going to be our year.
Happy Christmas & a prosperous new yeat

Happy Christmas to all and to devil good night :)

MM speaking this morning -I think the fraise is " stick that in your pipe and smoke it"

The funding has been put in place to ensure W Resources continues to provide for working capital requirements enabling the team to focus on driving the ramp-up of the La Parrilla tungsten and tin mine in Spain and the advancement of the Régua tungsten mine in Portugal.

La Parrilla has now moved to 24-hour operation of the new Concentrator Plant, producing tungsten concentrate in line with shipment specifications. Production rates are steadily increasing and will be further boosted by the move to continuous operations.

Chairman, Michael Masterman commented: "It is important for W Resources to have demonstrable funding to provide the resources for expansion. This upsizing of the BlackRock facility achieves this objective with no dilution to shareholders, enabling the team to push ahead with the production ramp-up at La Parrilla and development work at Régua as we work towards bringing our second mine on stream next year."

The additional facility and the roll up of interest (known as payment in kind or PIK) will, on drawdown, increase the total outstanding Blackrock facility to USD49.1m

Only 11 posts today devil - must be losing your touch or already made your quota of posts for your bonus
As it's the season of good will answer me one question if you will- why?

Perhaps the third RNS will be details of the buy back now that financing is sorted :)

Wow - Touched a nerve there devil , 17 posts today you will be increasing your average soon and a nice big bonus :)

Troaj - I've got no problem with anyone posting positive or negative views as you need to have a balance, but when you have a poster like Devil who claims NOT to be invested and then posts an average ( yes average) of nearly 10 posts a day then there must be an agenda
You see this sort of posting on aim shares all the time, once the funding is sorted and production ramps up with the attached income we will not see Devil again as he will be doing the same on other shares. I'm certain he will not be on this board praising MM and saying how well WRES is doing / how much. Money the company is generating etc
Let's wait and see - it won't be long now