Member Info for Chuteless

Maybe but they could still pull something out of the bag , all the indications for a completion of Kerrs is there , 3 months since agreed commercial terms and DD ,accelerated purchase of 100% ownership , 79th group offer period ended, IMHO a visit to Canada for PDAC would be an opportune time to meet and sign a heads of terms and announcement of pending offer

Who knows ??

Could well do at any time,

from 12th Nov RNS

"The Company is pleased to report that negotiations regarding the potential asset sale are advancing, with due diligence complete and commercial terms agreed"

that was over 3 months ago, I suspect the offer period due to 79th group will have hampered the completing of this sale but with that now clear and Kerrs and Zigzag ownership being cleaned up I suspect this could come at any time. At a market cap of £2.77m either asset could easily double the current MC

Ehhh, in the results just published from the lab .

Sell last week as per 8.3 indigo capital RNS

Could be more manipulation , noticed that crowd opened a short position and price dropped approx 30%

Closed position last week and price came back up then they opened another short and price dropped back down beginning of this week so I expect RNS stating position closed on the 12th

I suspect it was dragged down to that strange 1.3 drop mid week maybe 79th group administrator's have done a deal around that price , gets them nearly 50% clawback for the shares ( I think 79th got them about 0.78p) we should see an RNS to that effect if I’ve guessed right,

all IMHO

Towards the end of the RNS interesting wording, Is Kerr sale imminent ?

“ensuring the Company has the flexibility to make quick decisions in relation to the Property."

It’s crazy , zinc, germanium and silver all up today with silver now well into the 90s

I'd be a bit nervous on that as they still need to raise funds, I'm holding fire for now expecting a raise at about 7-7.5. then I might get in.

usual caveat,IMHO

Seems they are not hanging around,

another update video on X stating first box of cores from hole #9 on the way back to the facility. looks like average one hole every 2 days so cant be that deep. At a guess 50-75 meters per hole?

There was also an interesting mention of the sale of asset towards the end, he made a confident statement which sounds like it was all agreed and a done deal with proceeds to fund a years worth of fast tracked exploration drilling.

No two drills are the same,

The one I quoted also had issues with access and sloping ground , I expect ( seen before in other companies) RNS in the next week or two

“Rockfire is pleased etc , First drill holes with the lab , expected assays soon, visuals confirm previous results etc etc, only germanium plants in Europe with metal petals 😁 “

From RNS Dec 2023

First news from drilling was 8 weeks from start , actual assays were a month later, next week is 8 weeks completed, see below extract,

“At Molaoi, four holes drilled as "twin" holes to four historical holes has now been completed as part of the Company's geotechnical drill programme. Samples from these holes are at the laboratory already and results are awaited. The visual logs of the holes have confirmed that the geology and anticipated mineralisation depth and width closely match those expected from the historical drill holes. This provides yet another level of geological de-risk for the project.”

Everyone keeps going on about Kerr but where has that come from ?

personally I thing Zig Zag in the focus of the LOI

Of course IMHO

Seen this a few times, why all the small buys , is this to try and keep the price artificially up ?

Usually on AIM its a bounce up to than announce funding than back down again, I'm expecting funding announcement and next week price will be back below 1p. than RNS on start of drilling next month

IMHO

All very strange, over 50 % up in the last couple of weeks on very little stock volume or news, could it be a small pump for finance rise or news of something coming ? I guess as frugal as you can be it still will need finance at some stage to progress.

Who knows !

I doubt the rock is easier to drill as per historicaL RNS.

"Drilling remains in progress but is slow due to strongly brecciated, highly veined, broken and extremely altered rock; which are all excellent indications for favourable mineralisation."

Somebody has confidence, 10K buy & paid more than the ask

I think its all quiet due to ongoing negotiations on a sale of some assets but we should shortly be getting results from sunbeam soil samples & surveys that finished in July