Member Info for Bumble1968

Bitten,

Why have you posted that 5.hat on the lloyds forum?

It won't jump without results,

Be that,

Drilling ASSAYS, a JV or a massive swing in market sentiment.

It's just a case of sitting back and riding this out.

But with POW having a 60%+ holding of GMET any good GMET news will (or should!) have an impact upon POW sentiment.

Some people have no patience and chase rainbows.

As with anything in the stock market you should spread risk but with the deal with AA the next few years are looking fully funded and risk free.

And with the licence areas and Anglo's previous history here I will be shocked if something major isn't found.

Surely at this price level it's a no brainer but each to their own!

Legal,

Although I also like to average down I am happy to hold fire here now.

I have a reasonable holding but I'm also "under water",

I think we need a complete change in market sentiment or a really great result to influence the SP in say a 6 month timescale. And although I might be wrong I think that's to quick for the Uranium side but you never know.

Tati COULD be great but we need to get something extraordinary in the soil sampling to properly move the SP.

As for the spin outs these are also treading water because of the depressed market and need drilling/results.

As I say I will continue to hold but I'm spreading risk as this isn't the only explorer/junior miner with a depressed SP.

Roger,

This investing in the AIM market really isn't for you.

Just stick your money in 3 or 4 FTSE100 bluechip's and chill out.

Peggy,

No need to ramp, just sitting back waiting.

Why are you here?

Oh Yes I remember!

Sol,

The SP won't go up until demand outstrips supply.

Millions of buyers and not enough sellers?

The only course of action for the market makers is to increase the SP to lure more sellers.

Noticed the usual bored posts and thought I'd add this video.
It's definitely worth watching, it only lasts 8.5 minutes but it will open people's eyes.
Have a good day all,
I am by the way still holding in the background!
https://twitter.com/KanekoaTheGreat/status/1651795044893102080?t=d2zkqkEcBy2QC5sWMWIItw&s=19

Again, I'm no geologist but assuming Molopo needs a load of money throwing at it we need to forget it unless a mid/major tier player will take it on similar to the current deal Arc minerals have with Anglo American.
Basically Arc will hold 30% whilst Anglo pay for ALL of the drilling for the next few years.
There are other bits to the Arc deal but this is what we need.
Gold is approx £2000 an Oz, let's concentrate on finding something near surface/easy pickings to at least give the company and SP a boost?

Most of us know who's been here for a while and who are the bell. Ends.
Unfortunately people respond to these clowns and destroy the forum, and it's the same on all boards.

My "two pennies" worth is that if we cannot attract a JV partner with what we already know at Molopo then we should seriously consider selling it on.
This drilling campaign was carried out with much "pomp" that it could be "company making" or "transformational"
We have given it a big shot but in effect FAILED.
We have information which someone with far more knowledge than me may entice them to join in or fund further exploration BUT,
If this doesn't happen would I be happy in the company raising more money/issuing more shares to carry out MORE SPECULATIVE drilling?
No I wouldn't.
If a mid/major won't touch it then let's move onto TATI or whatever.

https://climateknowledgeportal.worldbank.org/country/zambia/climate-data-historical#:~:text=Zambia%20experiences%20a%20predominantly%20sub,May%20to%20mid%2DAugust).

Steven,
Dry season is now in Zambia, heat of summer is August time.
Basically drilling could start immediately and I would imagine Basic preparation work would have already been done.

9 times out of 10 those that are needy enough to boast (or claim) that they have multiple millions of shares are normally bull.5hatters.
This is not always the case but the latest "big I am" I would suggest most definitely is.

https://www.proactiveinvestors.co.uk/companies/news/1013057/lloyds-get-hefty-upgrade-from-jefferies-on-buy-back-potential-1013057.html?viewSource=TwitterUK

Peggy,
IMO the drop is the result of people selling who were expecting a quick "buck"
The market is rubbish and it never happened, these people are probably now leaving looking for the next rainbow to chase.
Long term holders should recognise the potential here especially as in effect Anglo have derisked the company and will be funding the Zambian drilling.
Yes it would have been nice for the wider market have seen that but at the end of the day I'm selling nothing, there could be a life changing strike here, or there might not but I'm not here to try and make 1p a share.

Troajan,
You are so wrong,
One of the first things America done in Iraq was to take out the power grid.
Google Madelain Albright, 500,000 dead children "was worth it" Evil.
Do you still believe everything you read in the media?
Then the Russians are still fighting with spades then!

Lti,
You would do well to research just how democratic the Ukraine is.
And also how for years the U.S has influenced who is in power there.
Russia is far from perfect but you should not swallow everything western media says about how glorious Ukraine is.

Fishfaced,
Russia is not the same country it was in 1939.
We have had peace in Europe for a long time now (if you ignore the former Yogoslavia) and especially since the break up of the former Soviet Union.