Member Info for bonker99

You can't mix "come and go like flies" with an 8 year old account mate ;)

These guys recycle their myriad of accounts every couple of years because they have to - I don't.

Agree about the warrants/promotion/who benefits though - just another vehicle to make HNWs loads more easy money but that's AIM all over for you - and this site of course.

Aye up PB - loving it mate :)

If people only knew the costume changingarama going on in the background at the top/bottoms of one of AIM's most manipulated shares.

I could write a book ...

This SP looks low enough to me BTW.

BB Sock puppet pros - duck's back mate - as for Keith's comments, I'd suggest they'd be more apt for MOD's ANNs all year. All they had to do was what they said they were going to do via the "turbo charged" exploration - they didn't - hence.

Ah, well you've gotta get your thinking caps on there re the difference between SP and mcap and MTR's pre/post dilution share of MOD's eventual mcap. It's somewhat complex but not impossible to come up with some numbers and neither is it impossible to imagine why MOD want $65m specifically - you'll have to imagine it I would suggest as MOD haven't exactly covered themselves in transparency glory this year.

1.8p > 3.44p lol

Look, shares go up and down - clearly this was pumped by the money guys whilst offing tons of shares on the way up/at the top and with a helping hand (in terms of getting PIs to pile in up there) by the Chairman apparently throwing in another £150k just before they were about to kill the rise with a 2.8p "placing" *exactly* when it threatened to go for 4s past my c3.3p pivot and also just before they'd reveal that they'd "lost" £3m via their "trading arm" such that on paper MTR were worth less than 1.5p which I alluded to once I'd caught up at the start of November whilst this teetered on the precipice of that big 1.8p pivot. At that point in time I did my last chart update and said on here that it's up to the money guys now because it's stuck on their rails - again.

Given the undoubted shorting since 3s by the money guys and the *dire* wider market over the past month or two it's hardly a surprise that this should be threatening to touch on that paper value at this time - particularly after MOD handily followed up by effectively doing one with respect to any further drilling on A4 for some months and with a solitary and uninspiring A1 hole assay to boot.

As for prior chart support levels - well we all saw the 20m+ shares "traded" (sold) dead on the mid price at 2.40p (a key pivot for me) some weeks back to disguise the massive dumping by someone whilst feeding speculation on the board that RR was buying again. You throw that kind of ammo at any technical support line and it's going to give way - there's nowt I can do about that, it's clearly artificial trading meant to push the SP down by guys who aim to load back up again near the current paper value, again, as I forward-referenced some weeks ago.

In the absence of buying pressure (and I hope it's not lost on most of you that buying pressure *anywhere* is pretty much non-existent in the market during Q4) it's going to get ugly and so it has proven. Again, I did point out 3-4 weeks ago that at 1.8p it was probably around halfway between where it could go before MOD's DFS in the Spring and where it could be after that DFS because of that newly revealed paper value and MOD's aborted drill "campaign" - as soon as they did that there was nothing left to fill the void so it is where it is.

Again, when it's setup like that no chart in the world is going to have much effect - yet - particularly when the drive down to mid 1s is in the face of a "placing" at 2.8p ffs!

We got stiffed - get over it - there's far worse for you all out there in the crooked world of AIM than a (presumably) temporary 50% paper loss - especially in the current market.

Made me laugh at least :)

Not delivering 1/10th of the holes at twice the cost of T3's total maiden resource campaign would be a start.

They've not all going to shape up/cost the same as T3 of course but the lack of published holes/assays in comparison to T3's early days is stark to say the least.

Evening - whatever gets it up for you mate :) Feel free to ignore the 1.8p > 3.4p drive :)

If MOD had managed to achieve anything, or even try, over the past six months then the SP would be a different picture than now.

Unfortunately, what they decide to do with their money isn't up to me but given they went from first hole T3 discovery to a maiden resource of 28mt across 166 holes in, yup, just six months, for a mere $1.7m back in 2016 it seemed reasonable earlier in the year to think they may have delivered something rather more substantial than they have at this point with that £10m of new money but again, it's not up to the likes of me what they do with their money and you can only go by what they say they're going to do at the time.

Clearly, it was spent on the DFS/LSE listing instead.

Hopefully, they'll get back on track with a proper drill campaign at some point but if they won't/can't drill it then all the exploration potential in the world isn't going to add diddly to T3.

As for me - I made my thoughts/position clear in early November.

The HNW TR1 guys who move this SP alone? Well they can speak for themselves and judging by the SP fall from 3s they already have.

Closing the week above 535 potentially opens the door to something special imo but it's likely all about next week's G20 now - 350 downside, bags of upside imo.

Trump tweets :)

Just doing their jobs mate - it's not personal ;)

LOL @ that first link mate!

Evening.

Just going through some of the recent posts.

Re trade-outs for GGP/MOD float buying - yes, probably some of that going on.

As I mentioned on 2nd November with the MTR SP @ 1.8s, I suspected we were in the middle of where the manipulative HNWs that drive this thing could dump her to (the current paper value: c25% of MOD at PFS value + cash +THR holdings) vs where it'll likely be when MOD deliver a DFS at PFS-esque numbers and providing the Copper price doesn't collapse in the meantime (possible if the G20/Trump/China goes t*ts). Just how close to the current paper value they drive MTR to is of course unknowable to the likes of me but they went bloody close to it last time around.

Re the "misled" stuff - well again, I'm, not going into chapter and verse on that but in hindsight it would appear that MOD's "turbo charged" exploration funding was/has actually been used to fund the DFS and an LSE main exchange listing instead. Those two items can easily take care of the better part of £10m.

I'd like to think otherwise but a dozen assayed holes in the six months since? Do me a favour. There's been some nice hits in the very few holes they've drilled of course so I'm not calling it a dud by any means and I like T3 a whole bunch but again, in hindsight, we've probably been stiffed on the funding side of the equation here - I'll do better next time :)

As for the MOD float - we'll have to wait and see on that - to my mind it won't make much sense to do it if the markets continue their tumble and Copper gets slammed because of that due to recession worries - the G20/Trump/China stuff is clearly highly important in that respect.

All told, while the current period sucks, the situation post-DFS is likely to be much, much better, it's just the pain in the interim period everyone has to live with plus sharpening their pencil on where the likely real-world valuations of MOD and MTR, respectively, sit right now and will likely sit in 4-6 months time.

Actually, no, I wasn't but that's not to say that there isn't anything here that's less than ideal of course.

Nothing outrageous BTW, mostly the kind of stuff that is always open to interpretation - the usual nearly-said-it-but-didn't-really-say-it stuff that PIs often fall for but there's possibly an item or two that's pretty effing far from ideal tbh.

All sh*t under the bridge now though of course so no real point going there but suffice to say that much closer scrutiny shall be applied to all involved from here on out :)

Evening.

I'm surprised you've chosen to pick on the A1 Dome drill for a rant about being misled tbh mate as in the scheme of things it's somewhat trivial :)

I could write a book with my "misled" list but I won't because we are where we are and it's pointless :)

Aw, he's nuked himself ffs :)

Genuinely ROFLing here :)

Ya gorra love these same-day join ID posters :)

So far, so good ;)

Chart update dropped - GL :)