Member Info for D220

Serica up over 5% ! Havent seen that in a while! Tracking oil price of course, but nice to see.

https://www.telegraph.co.uk/news/2023/03/28/foolishness-energy-windfall-tax-has-now-proven/
It's a shame more Tory MPs don't heed The Telegraph.

FKC yes, just as we seemed to be getting some momentum going, it has all gone quiet!

Kabaa, as a LTH and optimist, I generally concur with your post. But please don't get carried away (yet)! We have seen the sp perk up over the last week or two but let's not tempt fate with:
"Could be the stock of 2023 by far." ;-)

FKC, yes, this has the makings of a turning point in sentiment - and share price! Although Stan will never see it.:-
"'Expect’ and ‘hoping’"
What is it that you think propelled this to 6p in 2021 oter than expectation and hope Stan? This is what investing in Junior Miners is all about. Maybe you should stick to FTSE 100 investments?
You can trash the company and CEO as much as you like (and yes, calling 2022 "The Year of Discovery" was holding hostage to fortune) but there is still plenty of potential here, just unlikely to be in a timescale that longer termers might have originally hoped.

HaHa f29, I thought it was a strange thing for him to say too! :-)

I am sure I am not the only one that had pretty much written off Ditau after the last drill campaign, certainly in terms of it being an "economic discovery" any time soon. However, todays news has made me reconsider. Some on here seem to want a gift wrapped huge discovery like yesterday (which of course would have been wlelcome!) but this is Junior Mining Exploration and nothing is guaranteed or we would all be filthy rich. Time, effort and risk taking are needed. If you dont see that, you should probably invest elsewhere. Anyway, it was this that has perked me up:

"Dr. Mumin has identified the likely presence of a large alteration system within a very thick Banded Iron Formation ("BIF") that he considers exhibits excellent gold potential."

And before the knockers say he "CONSIDERS", I will take that over what anyone else on here thinks. Apologies Keith!
This just might be another step on the journey for the patient/long suffering :-)

Re. Ninian: "The cessation of production and decommmissioning of these platforms is expected to take several years..."

JP - true. I would love my 8.5p warrants to be "in the money" before expiry mid year, but am not hopeful!

F79, yes! We have come this far alone, it would be a shame not to have this to ourselves IF it comes good. Time enough for a JV when they have proof that they have something , otherwise we will be diluted to irrelevance.

Sorry BCB, you having a pop at me? You did understand my previous post I hope?

Pauly,
"Both clueless robots who repeat the same nonsense and say the same thing."
Pot and Kettle?

I do wonder what Mike Moles is making of the last 12 months. Since he put a large sum of money in at 4.5p (if I recall correctly), he must be concerned about progress. I hope he is still in communication with the BOD.

Just had a check and the July '21 Placing Options at 8.5p look very unlikely to be converted. I took part in the 5.5p fund raise and recall many were disgruntled at not being asked. I doubt they feel that way now! The options expire in July '23 and I just don't see how the SP can 8 bag from here in that space of time.

"Due to a correction following concurrent competing applications within the MARS electronic claim registry, Power Metal's previously staked Haresign Bay Property has been reduced in size from 3,189-hectares (31.89km2) to 165-hectares (1.65km2) with two other uranium focused companies securing the balance."
That's a BIG reduction! Not clear who was at fault .. presumably POW?

GS are long then!

I voted against the deal as I failed to see that the price was worth paying for what was on offer. However, I am going to sit tight (mostly quietly!) to see what unfolds over the next couple of years. So long as decent dividends continue to be paid, I will reserve judgement until the "big reveal" that surely must come, so we can see why large holders were so keen to vote yes. ;-)

Wouldn't bet against a "Holdings" RNS or two next week :-)

6p a share dividend? Are you serious? I want 20p per share.

No.