Member Info for Compo62

Rob, it also says that the most recent drill result included in Hainan's estimate was in December 2025. What do you mean by "late"? And is it really necessary to include a little whine in every post? It makes you sound like a teenager.

It's an estimate. Estimates are usually wrong... unless they are exactly right. What it tells us is nothing more than we knew yesterday. There are more mineral resources than were included in the original JORC, and could be in the region of 50mt.

Could be!

*its - for the grammar police

Bfd... you are conversing with a troll. It will continue to get under your skin for as long as you let it. Meanwhile, for most of the rest of us, it remains an insignificant green box, posting it's nonsense into the ether.

I wouldn't overthink Hainan's motivation or rationale for publishing this apparently market-sensitive information. In "big corporate" the processes for gathering operational nuggets of information tend to erase any nuance, context or caveats in favour of news-worthy headlines. Plus, stock market rules from anywhere other than Shanghai will be somewhere on their list of things they give zero f*cks about.

No. They won't be doing any of those things. They will publish an RNS when they have a JORC. And that won't happen until the company wants it to happen.

WHAT.A.LOAD.OF.DRIVEL!

How many times does it need repeating? The board has absolutely zero NEED to communicate more regularly than the quarterly cycle it has already announced. Impatient punters will not figure on their list of concerns. I don't mean that it won't be at the top of the list. I mean it won't concern them in the slightest. Why would the board concern itself with anyone who is just waiting for the SP to reach their target before selling up and moving on?

Something cooking bfd? Maybe so? It never fails to amaze me how many muppets think they can move the needle by posting their gibberish on these boards.

Howard, whatever you think about other posters I can give you 100% assurance on one thing. The board will not lose a single moment's sleep worrying about pocket money punters whining about the share price on an anonymous bulletin board.

Bad is a star and bfd needs to be more positive?!!! Have I missed some kind of seismic shift? Have the magnetic poles flipped whilst I have been away?

OK Lav - green binned for "dog with a bone" syndrome.

And, Badomen, one way you make money is by investing in a company where you think the intrinsic value is greater than the MC. I.e. you believe that the MC does not represent the true value of the company. That is what the others are saying.

Now, if the three of you could stop dancing on the head of a pin you might bring to an end this very boring episode.

Please!

Lol Mikb. "It is better to travel hopefully than to arrive" - the AIM mentality in a nutshell

I thought bloggs had doubled his punt to lower his average. He must be OVER THE MOON at the plant reaching 10kt per month

Badomen, because we are in a transitional period from attracting thrill-seekers to attracting investors. And many potential investors will want to see the numbers before committing. Meanwhile, the thrill-seekers are slowly drifting away to find a mad rock-licker and the hope of three-bagging overnight.

AIM

To Howard and anyone else who is impatient to understand the financial impact of each shipment - and yes, that includes me...

The company has announced that it will report financial information quarterly

It is allowed to publish more frequently but must do so ensuring equal access to all investors (usually meaning an RNS)

Why has it not done this? Probably because it doesn't need to, which is in turn probably good news

Are you on the juice, Badomen?

Asllan, I don't need to. I am invested in more than one of them. Atlantic for instance. My point is that the board are responsible for operating the mine and processing plant, getting product to port, controlling costs insofar as they are manageable, staff safety, etc. Grill them as much as you like about those things. But go whining that your AIM punt hasn't paid you back yet and you are likely to get short shrift. If you ignore conspiracy theories about big order filling (which may be true as far as I know) the most likely answer is regional security risk. But all markets are fickle, AIM in particular, so the reason for the SP being relatively low compared to peers could be literally anything or nothing. As I said before, it is really easy to contact the company directly. Go ahead and ask them. See what kind of answer you get.

Asllan, if by "underperforming" you mean in terms of share price, why would you be owed an explanation from the CEO? The board is responsible for many factors that affect the share price, but not the share price itself. That is determined by the market and is affected by things that the board cannot influence. It includes things that are impossible to quantify. So, as Badomen pointed out, it is not easy to compare different companies in different countries with different resources and at different stages of production. For all that, I share your belief that the SP is below where it should be but I wouldn't pin the blame on the board without some kind of evidence of a specific failing. There are plenty on here who have a different opinion and will be happy to provide you with the "evidence" if you wanted to pose a question to the company via its website.

I can't see what you are referring to, but go ahead mijas. Give us something more interesting than all this ******** to chew on.