Member Info for bluegrass

That's all very well but why is anyone actually selling at this price is a mystery to me.

I have seen the webinar and aware of what you are saying. It is obviously good that these meetings are happening. Down the line mayor investors will be needed to grow the company. I previously suggested a placing through a competitive bid process would be the best route. But cash is not required at present and the more the resource is proved up the more attractive it becomes.

All the large trades this morning look like buys.

I think there will be a time to institution on board, but we are not there yet. Maybe Q1 next year when all drill results are received and study updated. There is certainly no need or benefit at moment. I think we will need institutions on board to grow the company but best to do this from a position of strength. Hopefully by then they will be clambering over each other to get on board.

This is my feeling also. The latest drill result has derisked us, the SP may drift a little but it is only going one way as results come in. I am wondering if a few are still worrying about a placement even though company has said explicitly this will not happen. After more results come in confirming the resource I personally believe a placement done in the right way would be no bad thing. And when I say the right way I mean at a premium, no discounts given, done using a completive bid process. We are not at that point yet, since the resource needs proving up more first which would strengthen a bid process. For the company to grow they will need institutional shareholders and I don't think they can realistically buy in at the moment to the level they would require. This is not the same as a company doing a placement when they are on their uppers and are desperate for cash, it is a way of growing the business, done from a position of strength. I have held share in companies that have done this and it has led to an immediate uplift in SP not a drop. Anyway that is for the future; just trying to say there is nothing to worry about on this.

Not sure a tie merger with a company with that amount of loan note is such a good idea. Jumping the gun a bit, best waiting till feasibility study so we can see fully what we got.

Really don't think there has been any kind of spike. The SP just seems to bobbling along. I am happy enough, expect this to tick up and build momentum and at some point break out.

You are probably right. Think my loss here may be destined to offset capital gains elsewhere.

At the moment this is off the radar of institutional investors. The company is just too small for them to be interested or be able to acquire a meaningfull investment. This will change over time and makes a great opportunity for private investors. The company needed to do plenty of PR on the back of these results.

Only a fool would sell at these prices now.

Totally agree. This 2nd drill has de-risked us, it was always a worry that the 1st drill was a one off. Happy to sit back while this ticks up now. De-rappers are just white noise now.

It doesn’t really matter whether the SP spikes in the first hour after the RNS or not. The SP is only going one direction between now and Q1 2026 and that is up. In a way, a steady rise is better since it doesn’t help the ramper /deramper traders that live off pump and dump. Remember tortoise and hare. These are fantastic results and value will out one way or another. This is good for people to build a stake at these prices, even Ralph if he actually has the balls to invest rather than boring everyone.

Yes the said "Analysis results of samples from CRD034b are due to be completed shortly". So suppose depends on your definition of shortly. Would also think that this would be some time this week.

At least we all agree that at least 5p is a realistic target! So some good upside from here from any perspective.

To be fair Ezhik the share price has consolidated very well at this level after the huge price rises through October. There has been no spike followed by a dump as some de-rappers would have you believe. There is no reason to think that this would change on further news especially as we have an expected flow of positive news going forward into 2026.

The good news is also very much that exposure in the national press is increasing all the time. As the resource is proved up this going to increase demand for shares.

I regard anything less than 50 million for the days trading as low volume, 11million is very low. Also don't forget the total figure is roughly a balance of buys and sells. Not really had any serious volume since 3rd November , then it tailed off and SP consolidated. Any price movements during periods of low volume can be quickly be swept away on news.

Yep just noticed that myself. Too easily done.

Gordon during periods of large price movements, volume has been up to about 300 million shares a day. Last 2 day volume has only been about 10 million a day.

White noise, not even worth commenting on that post VR.