Member Info for cloud9surfer

1.1p to take over 6m now and ask moving towards full 1.2p. Hopefully the MM’s have had their fill and are ready to move upwards.

This has been consolidating between 1p and 1.2p since the end of August. I’ve just put another 10k in and immediately the price dropped. Doesn’t make sense to me. One thing I will say is that the MM’s will happily take over 6m at 1.055p so there is definitely something going on in the background. If that 50m was a sell then it would suggest good support at that level. News of offtake, samples sent and a completion of arbitration could be the catalyst to propel this towards that 2p mark, maybe more. Trade not showing yet but it was 853,679 @ 1.17p.

Bold statements put forward by Dennis with regard to future Market Cap. He must be confident as comments like that can ruin reputations if they don’t come to fruition. Production by end of year with the original site should be sufficient enough to get us closer to the initial 2p to 3p target imo. Where we go from there is just guess work without anything other than people’s ‘say so’ on what the additional resource will produce. Could well be 10,20 or even 30 times more with a minimum of at least the grades we know about, but time will tell. That’s why we love aim? Wealth can and could be just around the corner.

Why anyone would want to sell given the anticipated news and the presentations given by Dennis of late outlining all the positives to come is beggars belief. I suppose everyone has their reasons.

Cannot believe the MM’s have taken this down on those small trades given all the big trades we’ve seen lately at prices above 1.2p. My only conclusion is that they are still trying to flush out sells for some reason. By dennis’ own admission this should be trading much higher. We were trading at these levels when not in production.

3 bag at the least if we acquire the additional site, 35x what we already hold.

They’ve got big issues full stop at Iron. Watching it very carefully tho. Could be big rewards at some point for investors. Worth a punt!

Wrong choice of words probably. I’m implying the MM’s would rather keep the price where they know they can get rid of £100k worth of shares rather than sitting on them. Director buys at 1.2p remember. Most PI’s follow director buys.

Of sample results and offtake agreement can only be just around the corner. GC selling £100k of shares (RNS) could be why MM’s have been holding this back?

£70k ish. Buy or sell? Think we would have gone down if it was a sell?

There is definitely something going on beyond what us mere mortals can see.

That is the question! To be or not to be? I’m going with no! We’ve not had hardly any sells today to fund them.

MM’s playing the price again. Seem to be keeping the spread wide for some reason. Must be due a rise soon based on all the expected news. Maybe they think this is all it’s worth. That’s not what Dennis says! 🤔

Happy to be corrected GBCol. 30x is mind blowing Badsterman.

$$$$$$$$ 🥳🥳🥳

Production at HMS going from 300t per month to in excess of 600t per month by year end with a profit of $40-$100 per ton. You do the math! DYOR.

It’s what he didn’t say that’s very positive to me. He bought 2.45m shares at 1.2p. That speaks volumes! DYOR.

Positive cashflow commencing with start of HMS and diamond production Q4 2024. Diamond mining to be signed off next week. A continued application of land adjacent HMS, 30x current size owned with expected better quality. Mine value has increased with extension to Lithium mining licence. Denis would be ‘amazed if Hebei didn’t honour their agreement’ and feels that current share price is short of where it should be for a company going into production.

He chose his words carefully as I’m sure he can’t give too much away but is definitely moving in the right direction. Money received from sale of mine could be distributed to shareholders.

He summed up stating that the share price is ‘where it was before we started production and I wouldn’t put my money where my mouth is’ referring to his director buys.

Generally very positive! DYOR.

With all the millions that have been bought of late at prices upwards of 1.2p I would have expected another holding RNS. Wouldn’t be surprised if we had a morning RNS in some way shape or form.

My bad! Yep! It’s tomorrow. Getting ahead of myself here.