Member Info for Carribean2029

Not great news

Good to hear you’re in profit Dan. You’re not allowed to sell these, you do realise that right? ;-)

Welcome to the board Kvio,
I’m not sure Cobra has mined anything at all. They are on a journey of earn into a JV where they can obtain up to 75% of the Jv with andromeda metals. There is a 2012 JORC mineral resource estimate with accounts for the 211,000 ozs you may be alluding to, 193,000 of which are inferred and 18,000 indicated. This exists across three broad areas. Cobras job is to make sure they can build that estimate to 1 million ozs in the first instance and then go hunting for the IOCG deposits of which there are potentially 3. Nowt has been mined yet.

You just have to think Airstrip.....oh and what does one of those need......that’s it, a private jet....Oh, and how much do they retail at? Just kidding. But I guess we will soon find out?
I’m still here, but not bullish anymore. And hopefully not coming across as smug, cos I ain’t. But it does whiff of a nice trinket expenditure.

I think it needs to be remembered, of course, that hum sell DORE not pure gold, so there is a cost to the final refinement, hence the discounted price to spot gold

Hi northman1
The expectations were that we would be net cash positive by end of July. All the numbers from January pointed that way.
My instant view this morning was.....why not? I don’t like to be negative, so make my own decisions and act accordingly. I am sorry that you’ve only just come back into profit here. I was fortunate to average down and top slice on the way up. However, what I did have this morning was 75% less of my holding. I have found DB to be a Lone Ranger in the lofty heavens. I mentioned earlier in the year that I was concerned about his big boys club attitude. I find it unnerving to not be able to give a decent explanation. I also rest uneasy about the Dugbe out the back door, knowing that the deal was lined up well in advance. I retain a small holding now, which was all profit and have deployed my funds to other businesses which I see as wanting to be open, honest and demonstrate could stakeholder comms and behaviour. Not that hum is a bad business, I’m happy to remain invested here, but not with my cash, just my profit.

Somebody, anybody, please can we all perhaps, ask Dan if he will use the improved recovery rate of 94.78% to take a little bit of that gold and forge handshandy a gold saucepan? His aluminium one has finally worn out from him bashing his head against that brick wall. Perhaps he will look after the gold one

Cheers Badger,
Correct. My calculation of 3million shares represents 0.5%. Rkh hold 18.49% of share capital so if they sell more than the 0.5%, then a TR1 must be sent to UOG within two days.

The seller isn’t RKH. They would have had to issue a TR1 within 2 days of disposing of 3million shares and change, representing 0.5% of the shares in issue, which would have pushed their holding to 17.99%. They haven’t done this.
The “sellers” are free-float traders. Some traders take bigger positions. But the only major shareholder outside of RKH are non free float shares and there have not been any notifications of acquisitions or disposals.
We can all see ghosts, but the devil needs you to find the detail. It’s all there to see.

So Shandy,
If you’re right, presumably you’re going to behave like a supercilious Pratt.
But what if you’re wrong? Are you finally going to accept that you’re a just a plain ole boring Pratt and leave this board out of humiliation or has the aluminium saucepan caused irreparable damage?

Hi Dsflynch,
Couldn’t agree more. Investors here have been battered, but they should draw a deep breath and call on their steely nerves to resist cutting their losses on a slight rise. Apparently, we are all in this together......I’ve averaged down in my SIPP and am underwater, just. I have huge patience and am happy to see this plod upwards and upset The shorters day after day. No meteoric rises please, just good supply-demand economics to play out and all will be rewarded. Ignoring the 10%’eras of course.

Does anyone know or have access to determine the current trading price of the convertible bonds? Would give an indication of appetite and could help shed a little more light into this area?
Thanks, in advance.
Caribbean

Well put Charlie
I’m with your thinking. Just need the share price to hang for a week please

Hi Branson,
When was this analysis from, please? I’m assuming today. That’s Nice reading; shame it got missed by most discussing a scrap....no wonder some folk make poor decisions.....to much emotion, not enough substance....in my mother’s words “all mouth and trousers”

I paid 2.9 today for a little top up after top slicing today. Been doing the same for weeks. Anything below 3p is a free ride imho

Tlw & PMO & RKh are all down today. We are up. Small wins; I topped up here and on TLW too.
Silly not to do so imho
Onwards

Like HUM itself, I’m in Cora and have kept topping up as it dropped to around 5 p. Very happy and intend to keep this one all the way up...

That’s a 40pence party at least. Great milestone reached, and about time, but still a very long way for this share to go....very pleased with direction and trend here. Good consistent gains as the market finally sees the potential that’s about to be announced.
Good luck holdes

Hi OB,
I imagine it’s a relationship that Truell have with new advisor, or previous advisor relationship up for renewal/review. It happens

I’m not that surprised, nor too disappointed, save for the fact that it’s another period of time whilst my cash is not working.....actively anyway.
No dramas, and to be honest, the uncertainty is still high and this could impact upon values, so a wait may be even more beneficial.