Member Info for cjmorley

£68k @ 20.02

Your mate has told me to get out of my kindergarden You alledge "a fact only a silly kid would deny"
Personal attacks are against LSE rules

One more and I shall report you

No Geng I did not

But I am an investor not a trader.. Each to his own. Good luck to you.

https://www.pretivm.com/news/news-release-details/2021/Newcrest-to-Acquire-Pretivm-for-C18.50-in-Cash-and-Shares/default.aspx

I've never met a rich chartist... Do any exist?

And tomorrow evening Weds in Australia, Newcrest AGM and same day a presentation. There could be a number of significant revelations this week.

I do like your musing Floater,, simple or otherwise :-)

stovep

For only 2 posts you seem able to start a vitriolic attack... Green coffin for you

I think after the placing, 0.8 is a solid bottom for thr forseeable future.

News is immenent and likely to positive if not exceptional. Keep the faith.

Things are moving at NCM.. They finished up 3.5% today. Steady rise for the last month.

Let's hope it rubs off on GGP soon :-)

The placement today is quite normal for a company that (as yet) does not have a revenue stream.

The JORK attribution of Hancoque will soon be producing either a cash flow within UFO or a JV to to achieve the same result.

Now may I proffer a possible scenario? Rio with an adjoining tenement are paying excesses for ore grades below DSO.
The attraction of a JV or takeover must be significant as our Fe ratio is 64%. A mixture of RIO + UFO high grade Fe ore would solve a significant problem for them.

My preference would be to JV Hancoque and then use revenues to exploit EH and other high potential prospects.

Just a thought

Magnum pi was correct earlier today

The MM's opened >20% down and close to the placing price. This will have triggered many stop-loss sales

The MM's will have had a glut of stock. Hense the slow rise back up.. I bet people with those stoploss sells are kicking themselves.

If you look at the trades today, they almost all look like buys. Where are the MM's finding the stock?

nomlogu you are quoting LAST NOVEMBER RNS

WAKE UP

To be honest Floater. I don't have a factual answer. Just a feeling thts all

I'm best ignored early in the morning

I think you are quoting LAST Nov placing RNS

Then Mr Rare groove..... Why are you here commenting?

Having had an hour to reflect on the implications of the placing. I am now quite comfortable with it.

The main danger for small explorer/miners is that they run out of working capital and go bust. Or, are taken over for a pittance.
Bill has secured a cash runway for twelve months. Almost bullet proof to falling prey to the majors ( the vultures)

The fundamentals are the same as yesterday. BBG is an astute CEO. I'm relaxed now. :-)

Let's not get ahead of ourselves here.

If the market like the future prospects and use of the £3m.. Then after a short blip downward the SP may well recover quickly

Odd to have a presentation same day as the AGM?