Member Info for Carribean2029

Hi AO
I’m pretty sure you said that last week! ;-()

Hi Alwaysone
It’s not the warrants as such, technically, entirely. It’s the CLN converts too, to some degree. I’m guessing some TR-1’s to be issued soon too.
When this sees initial results of a positive nature, then hold onto your underpants.

great news on imminence of 50% stake earned. nothing in the way on the horizon....clear path ahead

Looks like we must have the same BFG delivering dreams. I’m inclined to anticipate an IOCG, hence my holding, although, it’s not going to disappoint either way in the short term.

Richy
Forgive me, you are quite correct, it’s the clns in flush. And yes the warrants for the clns and options for directors.
I’m out and about and I just replied without thinking.
In terms of valuation. You are at the mid range of my super hopeful outcome. But only 25p above where we will be if anything over 1m ozs are proved. Keeping in mind that this is all speculation and has yet to be proven.
One IOCG will send this north at Chuck Jaeger pace

funny
My best mate tipped RMS last week and I did nothing. Doh!
She’s reads this board occasionally....she’ll be saying ‘I told you.....’
Live, learn, repeat

I’ve tried to post this, but the bb is rubbish at the moment.
Lennie,
We’ve had 71m warrants reach vesting point, so there is a chunk of cash on the way. But not the full £4m yet

Hi Lennie,
Not yet; we just had approximately 71m warrants reach vesting point. They have been put under acceleration, so I’m sure we will see an RNS when they have all been vested. Possibly sooner if Cm releases gradual RNS at each vesting. I’m unsure of the rules on this, tbh

Hi rich and Dan
Rich has it; that’s the numbers I’m working on.

Hi Dan
It’s good to see; it occurs to me that this is being held back, but time will tell. With initial results round the corner, I imagine it’s not going to be below 3p for very long. Still, makes no odds to me. Holding very tight and topping up. Nearly back to my vanity 1% holding even with warrants out there, and I’ll plug all the way up to full dilution (assuming good results in the coming weeks)
Good luck all. Interestingly sky farmer posted on mnrg about patience. Applies here too

Hi alwaysone
Now that we are close to news, I’m expecting more and more folk (very new ones with short history here - not you) to begin a program of unsettling comments, without anything backing it up.....Trump style.....
Let’s all be wary and aware of them.

Looks like that’s it Dan. Little top up again....
Discounted by dilution at this stage, with under two weeks to initial results. What’s the betting that they’re good? If CM has planned this right, and I think he will have, then we could see some nice grades from Baggy Green.

Hi Dan,
Totally agree. We already know there’s Gold in them there hills, and frankly, it’s a matter of seeing the extent at depth.
I’m kinda happy that it’s fluttering around here; it’ll probably kick here until first results approach.....plus we have knobhead up for election next week, so there will be some volatility.
If I can finally get my fellow trustee to meet this weekend, I’ll be topping up to 2.5m next week at these levels. In for a penny.....out much higher!
Great progress so far; good to see that the drillers are keen to be flexible and accommodating. Presumably they are keen to see this proved up too!
Good luck all

And as if by magic.....RNS out

Well, it will be five weeks on Saturday when the first hole was drilled at Baggy Green. Whilst I am not wishing to appear impatient, because I am not, I would think that we can expect some results from the first drill as they become available, which should be in the next week or two. I am, of course, assuming that they ship samples to the labs as they arise. I am also assuming that CM would prefer to update the market regularly, rather than in just one release, so I anticipate steady drips of news over the coming weeks.
What I found quite reassuring was CM's [confident] final statement in the Drilling update RNS of the 28th September "....... We look forward to announcing SIGNIFICANT results as soon as they are available"
I hope the SP stays at this level (or below) for another few days, I've got some significant topping off to do middle of next week.
GLA

Bravery has nothing to do with it. It’s a time adjusted risk. Blips down only aid the drive forward; rather than making me whinge, they are the supercharger towards bigger gains.
But wouldn’t have bought in today if it wasn’t for Trp.
Eva.....in and out chasing rainbows. Fair play; your strategy. I respect the confession. Very few would have done; hat tipped on the honour, not the sell!

Cor....feel like Jim Morrison singing Riders on the storm....what a day!
Managed to top slice another Share and grab some at 2.49. Unexpected volatility, but heck, it’s probably another US poll showing trump in jail within 6 months, or seeking asylum at turnbury...;-)

Well played Eva
Top sliced Trp on the bounce and bought another tranche or two, but only at 2.78
Still, onward to results and quite right Trek, there’s a very cute game play here. The path leads directly to a nicely proven resource with 75% cobra ownership and a network of old boys to take the JV into development. A cobra Christmas

This is a typical warrant wash - in.
More cash in bank, more money for drilling. It’s an exploration business at the moment, so completely expected.
Warrants being sold for 30% gains. Good for them. Doesn’t make a jot of difference to lth’s, other than top up opportunity.
I’m just deciding whether to go to 2.2m shares now and sit out to full dilution and still retain 0.5%. Probably, is my answer.
Definite hold for me.

Afternoon Trek,
Topped up here today; I've been in for about 2 months and mainly underwater, but only just. It's a different beast to the other one you and I are following, but has a promising number of targets to go at. I'll pop my head in here occasionally. Good post on Sunday.
Cheers
Caribs