Member Info for CrustyPete

Yes roger but you have conveniently chosen NOT to quote the excerpts relating to LB's expectation to source funds through Bank Financing and JV's, I notice....

Cricket can you post a link please?

Well McNol I think that opportunity has already passed but that ain't all bad because, in my view He1 currently sits very close to, if not already at, the bottom of the subsequent "down-curve" - the speculators are "out" and we are simply awaiting the arrival of the "construction" phase - which, if we can believe LB and all things being well, should happen with funding and a JV in Q1 of next year.

Arrgghh McNol, apologies, that should have read "this is NOT a short term or traders market"

I am not sure that I have a "theory" - I do think that, right now, this is a short term or traders market. Most of what the market has been waiting for in terms of EWT etc is now known and I do not think there are likely to be many surprises up or down until we get the Mining License and subsequent funding and, or a JV. So why would anyone be hurrying to buy right now, will the Mining License submission or any of the underlying numbers contained within it "move the dial"? I will be surprised if so. On the other side of the equation many, if not all, of the short term speculators have had their "play" and are now out of the game until ML approval and subsequent developments appear on the short term horizon. So I think that the sp has found its own level which is unlikely to move much over coming weeks, with the odd exception around drill sin the US when we may well see some short term interest - the question for me is will any rises around the UD drills actually be maintained? Actually I think there is a good chance they will.

So on the presumption that the Feasibility Study is positive and the mining license application goes in without any hiccoughs I expect to see a slow but gradual rise in the sp ahead of ML approval, funding and JV and a very good rise thereafter.

McNol, if you haven't already done so take a look at the URL below and see where you think He1 is on that curve. I have my own view.

https://miningexplained.com/the-lassonde-curve/

I am in 80M too but recognise that 80M have yet to encounter a lot of the same hoops and hurdles to that He1 has suffered over recent years; that will likely mean the occasional disappointment, dilution and a whole lot of speculation before they too are in a position to announce a commercial resource.

McNol, MM's do not, typically create large long or short positions - they do not take PA risk. They may well end up long or short at the end of the day but will typically balance that with UT trades during auctions etc OR they will have a an outlet for excess shares or a seller to cover shorts.

Wolverine, if you are to believe LB on her recent interview the expectation is up to three months after submission, so on that basis no later than mid December.

I would agree with you McNol on the trading but not convinced those shares are from the recent placing.... but wherever they are coming from there seems to be quite a supply, in any event.

McNol, I am not convinced that the "churn" that you speak of is actually caused by returning placing shares as I would be very firmly of the opinion that any placing shares that were coming back would have done so some time ago... they would have had ample opportunity to bury those 590m in the recent volumes and at higher prices than we have seen in the last few days .

He seems to be alive and well on the 80M BB 😖

50 million traded so far but not much of a rise yet....

Fantastic news and a very positive, upbeat response from our CEO. It will be interesting to see how the market responds to this news; it should be a good day.

What amazing hypocrisy from you Toffers - you are quite prepared to dish it out to the likes of M1RP about his supposed flip flopping.

So one rule for you and whichever poster you disapprove of but a totally different one for anyone else.

Yes Toffers, and you call me a pompous. Lol

Hypocrisy and arrogance Toffers, you really do take the biscuit.

If it was your intention to force me to finally go offline now then well doe you have succeeded. And my station is arriving in about 5 minutes.

Good for you Toffers!! Glad to see you back 😊

Who knows why he even bothers?!

Thankfully I don't have to read his pathetic, infantile, ejaculations any longer as he is the only person on my "filtered" list.... I have broken my rules about not filtering as his posts are a total irrelevance and never have been and never will be worth reading.

No it doesn't, it is currently only too stable at 1.09!

Yes they have but cannot access it - not "on the move" anyway...

I don't filter? You are right Toffers that is because even the most inexperienced contrary post is worth reading for any insights that it might offer. However if I think it is total nonsense or paranoid conspiracy theory I think it deserves showing it up for what it is.... in my view of course. Why so many responses to your posts Toffers? Because there is more illogical, paranoid, hypocritical ranting concentrated in your posts than in any other.

Have a lovely weekend all.

Bye bye all until Monday.

She said that she "will be long gone" - which I took to mean from He1 and therefore, I assumed, the BB too - though that maybe too much to hope for! 😉