Member Info for billmero

I think it’s clear to everyone now why a bunch of farmers would invest a huge amount to equip a gold mine and subsequently sell it for a song.

Still very different pricing on ADVFN from where I'm looking @ 120 sell and buy 108! Bonkers!

Can anyone explain the large discrepancy between the share prices quoted for this stock on this site compared to those on ADVFN?

From the RNS of 21st May quoting from the Wall Street Journal article on the Trump administration's reported decision to award $2 billion in grants to leading quantum-computing companies:

'If the current funding wave succeeds in accelerating breakthroughs in stability, scalability, and error correction, the sector could move significantly closer to commercial viability. And as the ecosystem matures, companies operating adjacent to the core hardware layer, including firms like Delta Gold Technologies, may find themselves increasingly relevant participants in a rapidly expanding strategic industry.'

Underwhelming.

Chinese rare earth producer hikes Q2 price by 44%: https://www.mining.com/chinese-rare-earth-producer-hikes-q2-price-by-44/

I thought the £2m for the existing project had already been raised. Todays RNS is a very positive development - even if more funding is required further down the line.

Last buy today was a UT trade - ignore it.

Quote from Stocks Down Under commentary

https://stocksdownunder.com/88-energy-2/

Infrastructure Next Door, Funding Still Ahead

What makes this opportunity exciting is that 88 Energy’s acreage has one of its most important competitive advantages in its location.

It sits close to world-class production infrastructure, including TAPS Pump Station 1, which is around 6 miles north. Producers typically sell crude at Pump Station 1 into the main Trans-Alaska Pipeline for transport to Valdez.

That proximity matters because infrastructure access can materially improve the commercial potential of any discovery.

88 Energy also has a moderate cash balance of $6.8 million, but it will likely need to raise capital at some point this year to continue drilling and expand its projects.

This Lost Soldier find sounds amazing: https://x.com/uplandtweets/status/2030720205081465010?s=46&t=t2BooUMXSmE4ZngG4U7AZQ

Doubled up myself today on the stength of the CA interview. The potential here is huge and with Bo at the helm it's as near to a sure thing as I've seen in years.

Evidence of Multiple Mineralised Horizons is the key takeaway:

Finding mineralisation both at depth and shallower than the current model suggests the system may be more extensive than previously captured:

Deeper zinc-copper lenses add potential metal content below the current resource shell.

Shallow northern extension could enhance open-pit potential, which typically has lower mining costs — materially affecting economic value. This implies more metal could be defined with further drilling, increasing the resource base and future valuation. (Chatgpt)

All very positive.

Chatgpt concludes:

Today’s RNS is significant as a technical and exploration milestone, raising confidence in the Verkhuba copper-zinc system and supporting future resource expansion and economic evaluation.

Looks to me like they've run out of road.

My take away from the presentation is a great long-term investment, but it did very little for those looking for short term gains, hence the early sells. I think the presentation showed a lack of awarness of current shareholder sentiment in a febrile market. No sense of urgency.

A brief reminder:

From the company's RNS 23rd September: 'A maiden pit-constrained JORC MRE is currently being prepared for the MB01-S target, which accounts for approximately 60% of the current Maiden Exploration Target. It is anticipated that this be published in Q4 2025'

My view, for what it’s worth, is that the RNS content had been so well trailed that the news was already pretty much baked into the share price. Traders were therefore quick to take what they could get. Today should bring out long term holders looking to top-up at a bargain price and new investors who will want to buy into the incredible opportunity that the RNS so clearly defined.

Can't buy on the Interactive Investor platform - can only sell. Situation currently being reviewed by the team there.

The Cassowary Copper/Gold holding looks particularly interesting with no known arsenic contamination issues.

Cassowary is a large, under-explored intrusion (>5 km wide gravity footprint according to Artemis) with geophysical signatures considered compatible with an IOCG-style system. As we know, IOCG deposits of this type can be very large and economic, so Cassowary represents a high-impact exploration target if drilling confirms mineralisation.

I looked to AI for some independent reassurance on EEE in relation to the titanium market:

'The macro titanium picture is mixed: general TiO₂/pigment prices are under pressure from Chinese supply, but niche, high-quality titanium feedstocks and titanium metal markets remain valuable and strategically important.

For Empire Metals, Pitfield’s scale and reported high-purity material put the company on the favourable side of the structural story — provided it can prove processing at scale and lock in offtake or partners. In the short term they face the same cyclical headwinds as other feedstock developers, but their technical progress (high-purity TiO₂) and large resource potential are strong mitigants and value drivers'.