Member Info for Carribean2029

Hello Michael
Yes; all well.
Had an incredibly inebriated Christmas party in our bubble of 4. Way to many c0cktails - however, there was one c0cktail missing - snakebite! I’d had enough of that on Christmas Eve! ;-))
Other than that, quiet, much like yourself.
I’m happily sat with my investment here, despite nursing a couple of puncture holes. I’m gonna be happy whichever way this moves (in the short term) as it’s not a short term agenda item. But upwards, naturally, is always preferable.

Call me cynical, but I saw some chunky buys on Christmas Eve. They weren’t just speculative buys, to me, they were primed ready and waiting to pounce. Whoever sold out let some folks in who wanted a cheap entry. Why? They certainly weren’t day traders on a half day of trading. Just thought I’d put it out there.

Shot through the £ and still got plenty of legs.
Looking at the politics in play, globally, Pre has positioned itself admirably (enormous understatement) and this looks set to be a core holding in the II world in a few short months.
Good luck and happy new year

Hi shell,
I’m holding 2.5m+ and if someone walks it down to 1.5, then I’ll be a winner by loading up a further 1.5m.
As much as it will hurt to watch it happen, I’ve positioned myself to exploit it and come out of the storm with a fresh snakeskin

Fair view
Morning; hope you had a good Christmas?

I’ve covered this a bunch of times, but a précis would sound something like this.
1. We are now at 50% ownership of a gold mine in Wudinna
2. The resource is being built through a fully funded drilling campaign
3. The CLN have been converted to equity
4. We raised even more funds through warrant acceleration
5. There’s more warrants out there
6. We have hit the southern boundary of mineralisation at Baggy Green and found no more gold at that boundary
7. We have discovered new mineralisation at continuing depth at Clarke
8. We have more results to come in January
9. I took a bath on Christmas Eve, but bought more because it fits with MY investment profile
10. I’ll continue to top up as and when, as the drilling campaign for the next 12 months is paid for and will take us to 65% ownership of a growing resource. No doubt, one crap RNS has created an opportunity for others who see similar potential. But that’s what it is, potential. There’s risk. But the rewards from any, even small, IOCG deposit, of which there are four targets, will be considerable.

The suggestion of a shift in strategy to iron ore are reactive statements and serve as a distraction to the focus.
One bad race by a cyclist doesn’t cause him to shift sport to swimming. We must focus on our strengths, much of which are yet to be drilled.

Awaiting results.

Thanks Ismailia for your contribution.
I’m pretty sure that most investors here are aware of the cash call, given that it was announced some weeks ago and fundraising is underway through their brokers; some £4.5m.
Anyway, happy new year

Morning Michael
I hope you had a lovely Christmas?
Caribs

Merry Christmas
Yes it looks decent. Nothing in there, other than the option issue, so on we go

Thanks Trek, and all others whom have kept me here.
Trek, you have written, more eloquently, than my brief post this morning, but my analysis is aligned with yours.
This is an ongoing drilling campaign; it’s given us the boundary to the south of BG. Focus is now going to shift with the remaining 3,250m and this will give even more definition to the resource.
Plenty to be cheerful about here. Cash in the bank for further drilling, IOCG funding (doubt that is dead but Covid delayed) targets and a small jorc resource already in the bank.
Ultimately, there were a lot waiting in the wings ready to pick this up cheap. A lot. I wasn’t ready to buy, but profit on CRU yielded a good day, so it was timely. I may still buy more. I’ve added a further 10% to my holding today over the past couple of hours.
This investment fits with MY timescales and risk profile, as I’ve always made very clear.
I’m as disappointed as the next guy. Believe me. I’ve got to explain this to a fellow trustee. But if I wasn’t committed, I would not be here.
I’ll either prove myself well educated, patient, and enthusiastic, or a Pratt. But time will tell, not a disgruntled fellow investor lashing out.
Merry Christmas and good will to all

Morning Pick’
Well you prompted an RNS....and got your answer.
Looks like there’s 90,000 ozs at risk, but is likely to be a formality to get the deceased estate to agree. Let’s hope so.
Better deal structure all round too, by the looks of it, for us Holders here. More balanced.
Holding

Dear all,
I’ve been accused as a ramper.
I apologise to anyone if my own personal feelings relating to my investment have encouraged anyone to act based on my opinion. I express opinions freely and accept other opinions openly. Indeed, I get called out regularly and will always defer to an increased sense of education.
Whilst I appreciate that this is a bad day on performance, (I’m sat on a day loss in excess of £14k) I am still expressing my opinion relating to MY investment.
The person who has called me out is someone who is a regular on this board. They have used words, such as committed, which I have used some time ago. Their new username shows their cowardice and only underlines the pathetic attempt to not admit that their journey hasn’t met expectations in their timescale.
I am an undeterred investor.
This is my journey.
If I am not welcome on this board, I shall defer to people whom tell me with their proper username.
So please, let me know, and I’ll exit stage left. Gladly. I’m not here to upset people or to be upset myself by cowardly attacks
Merry Christmas to all

Topped up. I’ll keep topping up at these levels.
Thank you

Morning Glasir,
These are not stellar results by any stretch; that said, what it does add weight to and indicate is where the gold seems to be, and that’s North of Baggy Green, which fits with expectations.
It certainly seems to define the outer extremities of BG and will allow focus to move northwards, on this section, towards Clarke.

Well that was unexpected.
Sizeable cash payment should see existing debt paid down considerably.
Retention of haydock site good news from a balance sheet basis.

Great holding there Headzy,
There must be a big TR-1 we could all muster amongst us! I’m estimating, from memory, around 20 with 1m+ holdings on here, with a few above 2m.
Hold until relieved

Seems like a delayed trade or large but going on in the background. Bid moved up with no real buy volumes showing as yet.
Steady as she goes

Hi Jack
Welcome. Good luck with your Ggp profits. Just a heads up for you.....This is NOT AIM, it’s main market.
And Hi Jesus,
Simple answer....yes correct.
Good luck and enjoy the snake ride

Nice work Dibs
I’ve had a couple of other good results over past couple of weeks, and assuming they continue into mid January, I’ll be in a position to get another slice of cake in here, mandate allowing.
Good volumes and resilience, given the dearth of news. Doesn’t change my opinion on this. Hold long and strong.

Cracking performance on this share. Been invested since 21p. Scaled out, naturally, but still got a decent wedge invested.
The shift to reliance on REM is not priced in yet. Technical Supply shortages, incapable of meeting demand, will shift the price of ndpr significantly northeast, making this wee company Extremely attractive over the coming years.
I’m holding.

Hi leep
Well, I’ll have to defer to nightye on this; it’s immaterial. But given that we were at 3.3 before acceleration, gives you an idea.
Think we’ve got enough coffers to do the next round of drilling, pushing to 65% ownership and assuming we see our sp rise to the next acceleration point, there be enough in the kitty for the 75%.
Chins’ raised a really good point though. CM clearly wants to see us north east of where the sp is at the moment, which to me is encouraging, so no doubt he’ll be working on a comma strategy to deliver this....Mr Heddle as a NED? Boom!
Alright, I’m dreaming. It’s Christmas....we are meant to right?

Fair point chins,
I hadn’t looked at it like that, from the drilling perspective. I’ll give that some thought.
Good analysis