Member Info for dai2belts

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You will have to excuse me, I dont have the best of memories, I often have to go back through threads..
Its extremely cheap at 0.11p,

PRD Placing 5.5p 1 hour chart, bounce 3 times off about 5.9, over 5 trading days

https://invst.ly/ztlik

If it was a multi-drill I would be excited, $8.7m raise plus remaining approx $4m cash should be a Multi-drill..
Makes me wonder if they bought the chop shop predator , and got nicked in the process, $4m to get out of jail lol

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how do we think He1 will open in the morning, will there be many buying from those sellers hoping to buy back cheaper..
Chances of being one of those shares trading below placing price, going from multi-drill to two drills to 1 plus 1 to a single sh it or bust...

So, single or 1 +1 ?

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I hope that RNS coming late in the day, means tomorrow it will announce done..
Was initially 7p, now 5p, they did'nt check the RNS properly before release...
And we dont know how successful it will be
Single drill, **** or bust..

Drilling also down to ground conditions, far down the RNS...

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@Tro, that was late in the day, not good either, single drill, so from 2, to 1 +1, to 1...
MM will probably take the price down in the morning,,,

Where's the remaining $4m ??? looks like they paid out on that predator???

Use of proceeds

The proposed Fundraise will support the targeted single hole exploration drilling programme, with the budget currently based on current estimated timeline and costs for the drilling rig, logistics, civils and drilling services, subject to final contracts, and limited cost escalation. The breakdown of the use of proceeds includes:

· Drilling rig: £2.07m
· Drilling services: £0.75m
· Civils: £0.36m
· Formation evaluation: £2.05m
· Drilling ancillaries: £0.35m
Tax: £0.88m
· Additional working capital: £0.99m

The above use of proceeds includes an additional £0.45m of the Company's existing cash balance being utilised for the drilling campaign

Looks like any rise in price is going to be damage limitation for me, there is going to be a lot of p1ssed people, not sure it will hit those teens they were hoping for
Oh well lets hope my 12x 50%ers happens....
Well DM will be doing alright at 250k/y, after 2 years thats 10% of the 1st raise...........
If he left it until next year there may have been a sustained pump...

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Yep, but I keep doing it lol,
What I noticed is the price dropped part way through the presentation
Volumes were greatest end of play yesterday, first thing this morning...
Unlike Gcats rise today

These bars show up the price movement clearer than candles to the novice like me..
They highlight the opening(left) and closing(right) prices better
Shows the prices consolidating around 156m then a break to 170, before the downtrend
https://tvc-invdn-com.investing.com/data/tvc_76e2261d60d8687fd6a4cf97f5cd2ec5.png

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but you start to get a feel for these things, Tro seems to have that feeling more often than not..
He1, I get that inclination but always override, with just a little more to break even, or I have too much invested already..
Like I decided to sell my last buy of He1 at break even for that trade, was getting close but is moving the other way now, so have increased my paper losses, so buying to break even on my whole position has back fired, as did topping up on PRD..neither a big issue though unless He1 dont drill ,just badly played..

Orr I watched that presentation, and read the BB :( lol,
If the price holds great, if it goes lower than my buy, I have repeated letting myself drift to a loss AGAIN for the umpteenth time..

He1 is down today compared to yesterday, how come yesterday was a better buy...
Worst thing is want a particular share

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Probably 0.16 was just a little too high, but if you got it, nice..
Eventually I will learn to sell, I need to figure out whose driving the price, investors or traders..
Gcat rise is looking stable...
Not getting the bottom prices is highlighting some issues, when a good rise occurs its usually from below my buy in price. So not enticing enough for me to sell, then it it drops back....
So what do you think Orrs new low will be ?
I am wonder if it will go sub 0.12, if likely I should sell and wait..
Then I am wondering with the last two days trading will investors wait for the price to settle then buy, as 2g/t is double that of many African mines...
What do you think?

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And spread has been increased, ....

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I am no good at this game, looks like I should have sold Orr, spread suggests could have sold near 0.16...
Now mid is 1.4, so could have bought back maybe £100-200 cheaper, so made a profit and keep my shares..
Will the the US start buying, or did they jump in yesterday afternoon on todays presentation, so long gone..
Todays Volume has exceeded yesterdays, so guess they were up early... :( oh well...

Tros experience showing, do you think it will drift back below the placing price....?
I wonder if those placing shares got off loaded, yesterday and today?
500M placing shares were issued and almost 370M traded last 2 days

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Well that Orr interview got me to hold ......
Looking at the price movement, should have been dumbying price ...

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@KevR PRD, More delays, initial mob, ? parts being trucked instead of shipped..
Don't know, if they are paying for that rig costs must be going up, they announced rig mobilised to holding area 24 Oct.

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PANR, apparently their well, fingers crossed...
https://pbs.twimg.com/media/FjyPivzXwAMf93q?format=jpg&name=small
https://www.youtube.com/watch?v=u5lSeYd_riw

they play all sorts of tricks with the spread, recently I was following a share, where they upped the ask but trading continued in the previous range, so made it look like there was persistent selling, kept that way for hours...

Finally something I can following
https://www.mining.com/web/making-the-grade-understanding-exploration-results/

1st ever Cameroon Jorc, maybe
https://www.lse.co.uk/ShareChat.asp?ShareTicker=EOG&share=Europa-Oil-and-gas

https://www.theguardian.com/world/2022/dec/12/like-an-oilwell-in-your-back-yard-irish-turn-to-cutting-peat-to-save-on-energy-bills?CMP=Share_iOSApp_Other

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Orr, recovered lost gains from about 08:00 Toronto/New York time ???
End o day showing 0.170 Ask on investing.com, should be the live quote, too
12/12/2022 close 0.149 Open 0.124 Hi 0.149 Low 0.117 vol 148.51M +35.45%
One thing that always baffles me, is the buyers coming in at +35% more, are they traders playing the rise or is the RNS really that good... when I hold the price goes down, when I sell it goes up....
Miners, need to studying, those grades...

Is your laptop High definition ?
I fired up an old 2008 windows 7 dell, over the weekend, connected to investing.com , graph does'nt fit the screen with all the ads and banners taking over.. Need to have another look..
Tablet is better, but the screen is tiny, and the drag, and tap is hit and miss, really annoying ..

Upgrade due I think, when I make a profit...

I am close to fully loaded on stocks, need to keeps some cash back for new year, unless a really good opportunity appears.. picked too many losers...and in early at the wrong time...

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All these apps, I just use the web browser, probably not as tailored..
but I think I need to upgrade, as my browsers are outdated, and there tend to be lots of different sites providing the services for a web site, such as cookies opt in/out options, ads, etc, a little while back I was having issues with this site, could'nt login, problem with accepting cookies, could'nt acknowledge any options, so had to finds the provider of the cookies options and black hole them.. trial and error..

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I see its up again, late mover, presentation tomorrow too...
MMMMmm....
Since its moving late, could continue tomorrow?