Member Info for bonker99

:)

Filter thing is to the top-right mate - knock yourself out :)

So oversold she could bounce hard, even if it's just dead cat stylee ahead of news - may have a crack at 1.8s?

It's what you do with the bottom that counts.

We don't get many +10% days that hold here so a great day :)

I still suspect something is kicking off in the macro post-G20 but it could be nothing.

Watch Silver/Copper vs DXY inverse

12km IIRC which I probably don't.

The cost for me to fit it or someone who knows what they're doing?

Dude, some still think MMc is on the board ffs :)

https://twitter.com/Reuters/status/1069498515636854784

We're not short of cash, no. Not exactly drowning in it either but anything can happen by Q1.

Said before, for a tiddler with a modest amount of cash they sure are spraying it around with extraordinary confidence with the increasing KCB land purchases - anyone would think they know there's a ton of money going into there in the near future hence the land grab :)

Re shorters - some think they've already been laughed off but I wouldn't begrudge em a couple of mill as I expect the next two placings here to be proper long (pump) placings, not the short (dump) placings we've had at 3/2.8p so far.

Assets/companies are always at their most overvalued in the early stages mate :)

That was a mighty strike they had, I understand the interest over there - unexpected to see MTR buying in though I'll admit but always a chance they've got their ears closer to the ground than most :)

MOD up 2.74% overnight.

Copper straight to $2.83 :)

https://twitter.com/zerohedge/status/1069332439972098048

Everyone loves a pre-Xmas surge :)

https://twitter.com/zerohedge/status/1069332439972098048

As mentioned in the MOD LSE prospectus, they are not aware of anyone being refused a mining licence in the area.

Moreover, the man from Gaborone has just renewed a sh*tton of MOD's exploration licences, committed to easing regulation to invite heavier/quicker foreign investment into Botswana and is on record as wanting to diversify the country away from diamonds.

Given the millions of square kilometres of Kalahari Copper Belt in Botswana and the man from Gaborone's recent commitment to deliver electrification to the area ahead of the prior schedule - presumably for no other reason than to drive Copper mining in the district - it would seem more than reasonable that he'll be falling over himself to get anyone and everyone paying tax on their Copper earnings ASAP.

Cupric start production next year up the road from us to boot.

So, yeah, go ahead and refuse a mining licence and see what that does to foreign investment - your SA and DRC neighbours are a pretty good model for what happens next.

All that said, it's a binary and can't be weighed in any valuation - it's a given that it's granted and a disaster if it's not - just like every other mining play in the world.

BTW - In that $3.6 Copper/3mtpa DFS scenario I can get the required MOD dilution to raise $64m to as little as 40% though $3 is probably still likely to continue to be the working number for any deals I imagine.

As discussed earlier, there are some humongous valuation swings available to the upside if the DFS/macro Copper price ducks align nicely.

LOL

A classic three month re-pump based on what they say, not what they do - they being the money guys of course, not Trump or Xi :) Could be good for Copper stocks.

Still haven't looked at that lol - IIRC, we've now got an interest in 20k sq km of Kalahari Copper Belt?

This ain't half gonna be a Hot Stock Rocket once they've finished messing about with her and ahead of the next (long for once ...) placing :)

Ah, well that really is filthy money ;)

Interesting.

Yup, that kinda thing is in the offing but 19% of a much higher mcap - if the DFS/Copper price align nicely over the next 3-4 months then that much is MUCH :)