Member Info for chippyjo

The trouble with finding the bottom to average down is you don’t really know where the bottom is. Look at Flybe Thomas cook and House of Fraser. All big brands rendered worthless. Well done those who are happy with the average down they did.
I started putting money in more secure blue chip investments as I was weighted too heavily in AIM

Snow king, people didn’t necessarily get their timing wrong. People invested their money based on GRs RNS reports. Take RHA, how many times did he say profitable and on track?

Mal, that’s an impossible question to answer. The epo only gives prem the right to see what’s there, that takes drilling costs with cash we don’t have. Most Jv partners will know the cash and share cap situation and will screw us to the floor. RHA production and profitable cash flow would change that situation and require the Jv partner to bring more to the table.
If we look at the PFS carried out already, the market reaction was ok but not overwhelming. What 0.6p from memory? We have had further dilution since then as well.
57 times the area is 171 times the amount to drill compared to the small bit we did before. You could just be like the ramp brigade and multiply the current lithium estimate which would be grossly optimistic. But using the figures we have seen before 1p was the height of the summer when GR was talking JV partners but he failed to tell us that it was a low ball half a million quid. Only when pushed in London did he come clean.
So, at the moment I estimate the most positive price at 0.6p with RHA washing its face and EPo granted. Epo only, 0.18 max until gr does the dirty again.
Positive EPO and JV partner 40% to 60% prem at project level fully funded by them 1p. Circum should be ringfenced for shareholder and if finances permit be retained until its best value can be returned as a special divi.
EPO and no JV partner this may fall back as the funding situation hasn’t been resolved.
Post the block application if you have so it can be discussed.

Seems they stared out legend barcode.....how kind of you tho. Been here long? Hmm I guess not

Has anyone seen the blocks applied for and compared it with the mineralisation path from the bara report? Acreage is not valuable, land containing minerals that can be mined profitably is. We don’t know what we have yet till drill turn.

Mal, a dfs that we didn’t give to much away for would absolutely drive up the price. JVs haven’t been GRs forte so far with prem. Not been too good on limestone, forestry, gold or tungsten either.

The question would be, could GR pull off a deal that is good for shareholders? He’s tried before with less than ideal bedfellows and failed dismally.
The wording on that RNS said last fundraising before epo. Knowing GR the gloves will be off after even if it’s the small amount to cap limit.

The MMs just make the market, provide a conduit for transactions. They neither manipulate or care, they make their cash worthier way.
As for the misreported buys and sells, they are not reported as such at all. It’s a function of the share price median at the time.
Oh and I’m going nowhere Robyourprofit

Yep I see one of the new ramp gang has obviously cashed some chips and is spreading negative vibes....lovely people eh

Reasonable post Mohh but you forgot the despicable rampers as well.
Funny not seen you post much before the rise this week.... I’ve been here years and surely would have remembered your commitment to prem....hmmmm

It’s a public BB mal so no I don’t own the board. Newbies welcome yes, the this will be 2p next week posters are in my view not here for anyone’s benefit than their own.
But I can write what I like whether you like it or not. But as your thanking me I’ll accept the thanks....

Rob.....er no.

Mal, I didn’t “miss” an opportunity, I made the decision some time ago to not place any more funds of mine in the hands of Roach.
In fact I’ve done reasonably well from FTSE100 shares in the last year and removing AIM stocks from my isa at the suitable time. IF I get the chance here I will do likewise and I will stop posting.

Sorry doc.
The problem is more the new faces who are bull****ting this up before running away.
I want a rise, yes really I do but one based on good business management and results. Ie something real and sustainable.

CF, there is nothing positive to say. I have posted that the EPO issuance will be positive but if we don’t have funds or a JV partner then it can be negative and the leases need paying for somehow.
As for not mentioning GR, well he’s the organ grinder...
When we see real positive progress I’ll be singing from the rooftops. Look back 3 years and my posts with crazyC. Unfortunately he turned out to be correct so far.

Robj, I bet your painting over the cracks rather than filling them eh......

CF
In order to solve problems, information has to be shared; and not only information, but doubts, fears and questions. Sir John Harvey Jones
If you know who he is in your bubble of delusionary positivity

Business and pleasure are kept well apart but if you want to keep on with the personal digs then fill your boots.
Still doesn’t change the facts of GRs tenure at prem.

CF how many times have we hit the share cap? And what happened? We got a bigger cap.
It’s coming, its the only tool in GRs box.

And listening to you at the height would have seen them lose 95% of their investment! Touché CF.
I’ve not told anyone not to buy either. Up to them. What I have done is highlight what a useless failure GR has been and that’s based on his track record.
As I’ve also said, I’ve written this off but if it comes good then great. But the 300% rise by the ramp herd and Twitter is nice for those who benefitted, but I invested for an operational profitable mine and a Lithium prospect. That’s so far failed to happen, instead a multi billion share cap increase, a few failed third party prospects like TCT and ARCM and now a loan to a company so they can prosper in their projects while ours flounder. And yet again it’s seems it’s related to mates of GR.
Conflict of interest.......

Mal, with regard to Zim news publications, in the past they have been purely written regurgitation of the RNS. Yes it would seem there was a verbal statement given on the issue of the EPO which could be good news.
The problem is that these leases cost prem money which we don’t have. They require drilling with cash we don’t have. Prem requires operating costs which we can’t service. Etc etc.
GR will surely come again with the begging bowl for more shares while sucking up the money paid back from the loan for his fees, salary and expenses.
RHA needs to start paying for PREMs costs, the fund raises have to stop and shareholders need a return on investment.
As for CF, you’ve been posting the same positive bullschizer from the highs of nearly a penny all the way down to the historic lows. Total fantasist.