Member Info for bluegrass

Love the article, great find. What do acorns grow into? Local press may eventually be picked up nationally.

Why would you want to wind people up and who cares where you are. No one is interested in you or your opinions at all, negative, positive or otherwise. Please go away. You are mildly irritating and I can't see any purpose in your posts since I suspect you have zero impact on the sp and do not provide any useful information.

Agree there is certainly some way to go yet. Plenty of potential for an increase in sp.

The market cap is below many of SML peers at similar stages. Appreciate that every company has different circumstances. However market cap here £117 million. GMET have a defined mineral recourse, but yet to complete PFS market cap £483 million. There are probably other examples. There is a lot of upside here as we move forward on the fully funded PFS and mineral resource is moved forward from inferred to defined. The current sp has to be roughly base level I would think? Large investors getting interested, plenty of near term news flow to come.

It’s of no concern, as I said it doesn’t matter. Just responding to posts that report things as fact when we don’t 100% know. That’s always a concern to me. As you say though it is probably likely in this case.

Cannilaboy. Maybe I am being stupid or missing something but the placing took place on the 19th with shares being admitted around the 25th. Coffey crossed the threshold on the 26th, so it he could be part of the placing, but could possibly have bought separately. Thought he already had some kind of a holding to build on? Sorry being pedantic, doesn’t really matter anyway.

Sorry do we know that Coffey was one of the investors that took part in the 4.7m placing or has he bought separately? The information to determine this is not out there as far as I know. Either way it is good to have large investors building a stake and will have a positive impact on the sp.

The main thing for me is the fundamentals of the company, it income and has finance to at least the end of the year and the PFS plus enough to carry out drilling to expand the resource out side the current area. Also importantly the market cap is way below that of comparable companies at the same stage of development.

Unless you are actually short term trading, it doesn’t really make sense to try to follow daily movements in the sp so closely as it doesn’t always seem to make sense. I a certainly glad I didn’t sell into the dip to 3p in February.

Caravan sorry you cashed out, but everyone of course has to make their own decisions about what is right for them. And well done for not coming on here and immediately de-ramping like some of the likely suspects that will probably turn up tomorrow.

With that in mind please can we try not to engage in conversation with the deramping trolls when they appear tomorrow. Especially repeating their negative strap lines. YThey work on half truths and it’s easy to get sucked in. When the sp has a dip and consolidates, which is quite normal after a large rise they start predicting doom to try and extenuate the fall. Although personally I think they probably have less effect than they would give themselves credit for and probably make less money than a holder.

Caravan the sp may seem unpredictable at times but if you look over a longer 6 month period the trend is undoubtedly upwards. I started buying in last October and have not sold any since. On 9 Feb there had been a rapid rise to 4p, the sp then dipped 25% to 3p and went a bit flat for a couple of weeks before rising again. The current dip from 5.5p only represents another dip of about 25% so I am hoping the same thing happens again and it now continues to rise.

After the recent consolidation personally I am expecting the sp to start ticking up almost straight away. There is a lot of news to come in the short term and the board are very good with keeping the flow of RNS’s coming . New drilling campaign , info on areas to be targeted and always the odd surprise. Also broker recommendations.

Think they said that the disposal Leigh Creek was still expected to go through although I cannot see any evidence of this. This is not priced in at all and if it actually happen will provide a real boost.

We have a 25% drop off the recent high, the same as happened in early February and then the sp continued to push up. But the main thing to remember is that the market cap is well below that of our peers.

Yesterday I posted the following and still think it holds true. I certainly am pleased that I did not sell my shares after the 25% drop to 3p in early February.

Really think everyone is unnecessarily panicking here and looking to come up with complex theories about what is going on. Regarding Lanssonde curve, all well and good but every situation is different. SML has plenty of news to come in short term to prop up sp and give a stimulus to an increase. We are entering a new fully funded drilling campaign and work on fast tracked PFS.

On 22nd Jan sp was 1.5p on 9th Feb it was 4p. After the sharp increase the sp ghen dropped 25% to 3p. The sp recovered and recently rose to 5.45p on 20th Marchand has now dropped just over 25 % to about 4p. Still think that shows a good trend and certainly no need for anyone to wring their hands in the air and start saying what’s going on etc. The sp will continue to climb, don’t be influenced by trolls

Some good summaries but I have to say the reasoning is speculative. People love to attribute selling to one particular group or another. The discredited previous board with all their shares or newer placed shares. Personally I think it more likely to be small private investors taking profit or those that have let the worriers and derampers get under their skin. I could easily have been caught up in this last group myself, but actually have sold nothing for good or for worse. It doesn’t really matter who sold, what is actually impressive is that despite the increase in volume over the past few day is that all of the sells have been absorbed and someone is happy to buy what is available. I do not see anything unusual or worrying with the ups and downs in the share price. The sp has risen n over 900% in the last 6 months and no one with any sense should expect this to be in a straight line. I feel there are some inexperienced buyers that have bought in before the MRE thinking that it was almost guaranteed that they would almost immediately see a huge return. This group are easily disheartened and worried by the trolls and derampers. The smart money, the large investors or institutions will not be selling at this stage.

Really think everyone is unnecessarily panicking here and looking to come up with complex theories about what is going on. Regarding Lanssonde curve, all well and good but every situation is different. SML has plenty of news to come in short term to prop up sp and give a stimulus to an increase. We are entering a new fully funded drilling campaign and work on fast tracked PFS.

On 22nd Jan sp was 1.5p on 9th Feb it was 4p. After the sharp increase the sp ghen dropped 25% to 3p. The sp recovered and recently rose to 5.45p on 20th Marchand has now dropped just over 25 % to about 4p. Still think that shows a good trend and certainly no need for anyone to wring their hands in the air and start saying what’s going on etc. The sp will continue to climb, don’t be influenced by trolls.

Novicehunter the only reason you and your friend Jane are posting your doom and gloom is that you want sp to drop to fit your plan. Hoping the sheep will panic and follow. Then you will buy back in as you say and start posting glowing predictions again. The 3 year timespan is complete nonsense. Plenty of news in the short term to drive this back up. SML is way under valued compared to their piers and sp will recover in the next few days and weeks.

As I said earlier a lot of late reported trades. Good luck trying to work that lot out. All the sells will be happily bought by someone. mm’s don’t loose money on trades.

Still think most people have got caught up in looking at the short term trade movements today which really don’t matter. Based on the RNS and expected news flow the SP will continue to rise. Happy to hold. Patience will give dividends quicker than some may think. Traders only make money off the weak.

Think a few people are panicking now. Sellers will regret selling at this level. Will rebound when new bottom found.

Agreed mm’s scooping up shares and as I said earlier there will be a lot of late reported buys later. Doing some good business today.

Thought it would be later this year.

Don’t think anyone said anything about 2 to 3 years for PFS!