Member Info for bonker99

Copper streaking up @ $3.13.

Well there's obviously more than a few people locked out cos of the KID thing stoppig them buying from their "brokers" (though they are free to sell if they want - pmsl) but MTR have said they expect it to be resolved quickly.

Doesn't sound like the brightest short ever tbh. Copper looking bouncy again.

@ louis - yup - nowt's changed mate, it's just timing ...

The pics I've seen look like copper to me - as you would expect. You're right to point to it because while everyone is focusing on the 4x copper in an EV, you've still got to get the electricity into the car and that adds to the copper demand of course. The biggest surprise for me re copper usage/growth, merely because I hadn't really thought of it, is the amount of copper used by green energy sources such as wind farms which use a jawdropping amount of copper which, when you actually think about it, makes perfect sense.

Thank your lucky stars you're not in IMM.

Edging us closer to �20m cash + liquid assets :)

I couldn't be more relaxed here, shake as they may.

Lots of money around for buying quality/sizeable copper plays right now as we've seen all over the place these past weeks, especially those that can produce from 2020 onwards where the real copper gap is deemed to open up and there ain't many of those about. By the time this is over, millions might not get it done in terms of an outright buyout - no, current, chart can begin to point to the potential yet. As said, those behind the scenes know the score and will shake it about as best they can.

Yes, it's incomprehensibly big. Forget the chart mate. They know.

Yup, 3.0p.

I'd comment but they've cut my live trade feed in synch with this shake lolz It's obviously close now ...........

LSE Mafia have their boot in the door mate but make hay.

Copper looking strong again @ $3.10

Another full �20k ISA gone in.

Says the guy with the CTAG crew ID join date ;)

It's inbetween-ish T4 and the humongous T20 Dome structure to the extreme SW of our acreage which is all 30% MTR owned.

They're going to be busy boys this Spring/Summer :)

It's all good dude - nothing's perfect but at tuppence you've gotta be thinking glass half full imo. MTR's other assets are part of the AIM casino fruit machine and will, by their very nature, be bouncy up/down but you've also gotta look at the broader market picture tbf mate - there ain't many shares going gangbusters anywhere in the last month or two but the clever, forward-looking money is most definitely eyeing small cap resource stocks right now. Nobody was complaining when MTR n-bagged multiple such assets prior to the big markets wobble netting themselves a cool �5m in cash profit in 2017 alone - I'm not aware of m/any �20m mcap companies netting that kind of return so stick that in your P/E pipe and smoke it ;) BTW, that's what got us a free pass into the next 12 months+ of possible upside at MOD - at any other company you'd have had your butt diluted by now to pay for it. I sure won't be blaming anyone for giving in to their inner muppet by letting go here out of frustration or boredom but just do yourself a big favour and never look back if you do imo. These chat forums are to be avoided in the main mate for very obvious reasons - FYI, this place doesn't see 2% of my involvement when chewing the cud with people, it's just not the place to do it and many people, having gained enough experience in this game see it the same way. Always remember that the vast majority of people and the vast majority of money never voices itself in places like this as it's a fairly even mix of reverse book-talking multi-ID pros and hapless PIs that simply don't know wtf they're doing or who to listen to.

Always happy to hear other people's perspectives if they'll at least back them up :) Point taken about mcap/shares but as you point out that's only one part of the equation and I think it fair to push back on that to an extent as the mcap is lower than a year ago (going by your numbers) yet the progress in Botswana is clear and both parties are looking pretty good in terms of their respective cash positions for the forseeable (2018). Surely that's the opportunity flag being raised? What the position is in 2019 in the run up to production is anyone's guess of course but there's a lorra water (and copper hopefully!) to flow under the bridge between now and then. My perspective of being in a better position than last year is primarily predicated on the progress, albeit slower than originally hoped for, in Botswana with a very solid PFS booked and even better post-PFS infill grades being published just recently so it's all starting to become far less speculative and much more real in those terms and still with an unknowable amount of upside to come during 2018's ongoing drill campaign. Will our "acorn" grow into a mighty oak during 2018? I've no idea but the salient point I'd suggest is that the base case SP/mcap-wise looks pretty good around here at this price/time with no upside already priced in, in fact, "failure" is already priced in! We've got lots of cash, MOD have lots of cash, further drill approvals are coming/in already so there would appear to be lots to look forward to in the coming weeks/months plus whatever other news may crop up now the MOD share issue is fixed post-funding which may, or may not, involve a corporate action JV/equity swap - speculative there for sure but you can see how that may be on the table now the funding is sorted for the forseeable. I'm not sure I get the rose-tinted dig tbh but this is what I see: We've got lots of cash + liquid assets that underpin this from at least 1.8s upwards with ZERO upside priced in The 2p warrants are gone The Chairman took another 2m shares over and above his 2p warrants allocation recently at 2.25p We've seen a TR1 from a HNW at 2p A bunch of people allocating much/all of their 2018/2019 ISA allowance at the current price in the past week, many of them very clearly at Mate's Rates of 1.9p The very solid PFS is booked/banked Better-than-the-PFS infill grades just announced Assays from a further 34 holes expected anytime Latest AEM survey results expected anytime Massive ongoing 2018 drilliing is funded with some further drill approvals already in Resource upgrade arriving soon - could make the expansion case nailed-on Copper in a key technical battle right now with the rising weekly MA50 @ $3 The last L2 I saw had perennial market manipulators CFEP at 2.05p and all the other MMs at 2.2p Very short-term "market" shenangians to come? Maybe but there can't be much wriggle room/time left here