Member Info for CHRI5P

One thing about the placing is that we don't know all the parties who tuck part and are they LTS's. We know around 3.5% was hot money from spreadex and DB tuck some but there is still a lot not accounted for. LR did say that they were looking for £1 million in the placing and received £2 million.

The main point at issue is that the AIM market is not a market but a casino of PI's trying to search for the next multi bagger and the only research is no research just follow the money. If it goes up 20% buy if goes down 20% sell. We can talk until the cows come home about the resources but sentiment and perception moves markets at the moment facts and proof of resources don't. Negative people on this board only make sentiment and perception worse and create their own failures. I do suggest people read the UFO/EUA boards and you might realise what I am talking about. They are full of rampers with 500 posts a day making out that they have the APPLE of the AIM market - at times it is just complete and utter nonsense. However, rightly or wrongly the message is clear buy and you have a bargain, sell and you are an idiot. In July, shed rightly was giving information about the EU grant possibilities without ramping, the Mets results were being speculated and talk of no placing (wrongly). The share rose 4 fold. The share price fell when the grant did not materialise and fell further due to the placement. However, the placing was done at a good price, the mets was better than expected and we have EU grant funding. So I will say it again it is not about what we have it is more about people believing/understanding what we have that is important.

BricksSA exactly - when other other PI's realise we are so close and stop chasing UFO's then we will be at that point when we will fly and we will reach beyond the atmosphere.

First of all if the resources can be proved to be there and accessible then we have a 10 bagger. So why do we not see an higher share price! Most of the II do not invest in AIM exploration and never will but that doesn't stop PI's from saying or thinking they do. If you read the UFO/EUA boards which I do for fun any one would think Warren Buffett was about to take a stake (EUA has huge directors holdings) but that ain't going to happen. We have DB who just tuck part in a placing but that's it obscure II but not main stream. BB is right II's will only invest when there is an end game when the ducks are lined up, we have the finance arranged and the mine is going to be built. However, for me that is the time to reduce my holding because it won't 10 bag from here because the speculation is over and the markets can value the company to some extent. The funny thing is the mine could be seen as more risky because it has taken on debt and the mine might disappoint. So if you want to 10 bag you buy into a company you think can prove the resources but the market has overlooked and the II's can't get involved. We are that company I have no doubt.

Both BZT and UFO have declined due to P and D (not saying that they are not great investments). Monday I thought about shorting them but considering I don't short AIM because if you get it wrong you go bankrupt. So shed I agree with you that the money follows the speculation, speculation and more speculation with daily movements of 50%. It is bonkers out there. Lead is up 2.77%, zinc has risen lately and silver still looking good. All looking well

RNS tomorrow. By the way I think Saturday or Friday will be the anniversary of the start of the amazing rise which has changed my life for good so an RNS on Friday would be fitting

Oil I own 1.2 % and am in for the long-term

Before EUA put the sale sign up they demonstrated that they could go it aloan, this is how you sell a mine.

The amount of the grant is not huge but what it says about the companies prospect are huge. It shows that an independent body has confidence in this project. This will hopefully be the start of a drip of positive RNS's and I getting more and more convinced that a placing will not happen again before the announcement of funding for the construction of the mine. This is great news and sentiment will turn our way.

When basic/precious metal fell between 2010 and 2017 the effect on mining companies was much bigger and for AIM mining/exploration it was devastating and so when you see signs of a turn in sentiment then suddenly any AIM mining company is now going to fly on speculation. Last week so much money was pouring in with people putting life savings amounts of money in these stocks and yes AIM mining shares have been pummelled to the ground between 2010 and 2019 so in general they are cheap but things I feel are changing. One day soon it will be EUZ's turn and we will over shoot because that's momentum but I think this time it will be about what's in the ground rather than placings, dilution and speculation. On Saturday next week 24th EUA started their incredible rise of 7000% so wouldn't that be amazing if EUZ started on Friday.

Have never been invested, read the accounts and cash looked low but have not read all the RNS's but would do if I did invest big time like I did with EUA. Thank you Max111 for your answers - I was just asking questions and if you see my posts on other shares I have never de ramped.

The licenses do look amazing but I have 2 concerns before I invest. I bought into EUA on the basis of the resources in the ground and the directors had a lot of skin in the game at 0.44p and a placing was unlikely. UFO I believe will need a placing and the directors have no skin in the game. Could someone reassure me on those 2 concerns given I can see that the potential resources look good.

Again I agree with you BB I think the EU money is not important but would be a bonus. If this share is going to 10 bag it will not need EU funding and if it does need it then it might not be as good an asset as we hope because the big boys are the ones we need to convince not the EU.

Agreed BB that is why timing in my opinion is the most important thing and try and ignore the noise.

The reason you invest in AIM mining /exploration is on the premise that if your exploration becomes reality and mining can/will take place and your resources become in demand then you have the makings of a ten bagger. However, time and dilution is not your friend so timing of your investment is very important. It all boils down to risk and reward, in it to win it, who dares wins - if you can't stand the heat get out of the kitchen- if you want a safe asset buy Swiss Francs if you want a POSSIBLE 10 bagger buy EUZ.

I wouldn't be surprised if some of the sells are actually buys - it is usually the case when a share moves up. The timing of the sale is always debatable when it actually occurs.

2 years ago EUA was in a similar position in that everyone was disappointed with the constant dilution and the man in charge was not very expiring. However, the slightly positive PI's would always mention what was in the ground, the ease of an open mine, no debt and Palladium is a one way bet. EUA had loads of semi pump and dumps during 2018. The man in charge was basically waiting to get all the ducks to lined up. I do believe LR is similar and is not about the short-term rises unless like all companies needs a placing to keep the lights on but about the end game.
Over on the EUA board they are trying to guess who will be the next EUA and failing at that but I think EUZ does have the credentials. Hence, why I have bought in big time. However, the stocks PI's picked to be the next EUA was more based on the fact that the share went up and sentiment rather than an undervalued stock with huge potential. Many, people buying EUA this last year bought because EUA went up a bit like Tesla. EUZ just needs to release good news consistently and hint a placing is not required in the nearer future due to the £2 million in the bank and this will quite easily treble. This will bring in the momentum investors who buy on price rather than value.
A good starting point would be an RNS on the NPV.
We are ready for take off we just need LR to be satisfied to light the fuse.

Shed I remember you getting shot down when agreeing about the sale process lasting 10 months - it is such an aggressive board. BB you should have a look, Shed would be a deramper

Shed I sold 40% of my EUA yesterday because I feel unless an offer comes in the next few days the traders/spread betters will leave and the SP will fall - sorry for commenting on this board but I didn't want to mention on the other board for obvious reasons. I would buy more EUZ but already have a million/2%

BB agreed