Member Info for dai2belts

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@Tro
Here is his tip, then cancelled...
I think I get it now, intermittent brain fog,
More like intermittently not being fogged out

RE: GOLDToday 12:43
see GROC is well up today....but ALBA hasn't moved.......Might make a quick easy 10-15% today......with no downside risk!
IMOO. DYOR.

RE: GOLDToday 13:48
Not enough buying yet in ALBA to make it happen and their 54% ownership of GROC seems to have stalled at +25% for the day.

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Mmm Helium shows, no discovery...
All the way down was almost a discovery,
1st show, commercial grade at 70m but equipment not calibrated, plus tai-2 pinch out
No further show measurements provided, suggests any further shows were below that or equal
Then the excitement around a big show, which the snapped drill bit put an end too
Then the washout....
Who knows...

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Tro, Bankrupty dropped another tip, last one rose well for a good few days..a great tip.
He dropped in another ALB, something to do with Groc, think he might have quickly canceled the tip, take a look at his posts, just two.. A little over my head..
Might be good next week,

@ID78,,,I posted a chart really late last night, its the Tai-1 drill, maybe early hours, a comparison with the share price of other spuds at rig mob, spud etc, with no or little comms during drill, plus a good few He1 updates, you can see as the price started to act like the others, news would flow...
So if He1 provide such news flow, you could get in when more certain, but if not I guess between Rig Mob & spud people will be getting out like EOG, where I dived in to my regret...

The problem now is the cost of that rig, and whats left from the Dec 21 bank balance, DM claims the costs between the truck mounted rig and the tower are comparable, how I dont know, but it could imply significant costs would have, or may have been incurred with the truck mounted rig audit and whatever.. The fact is we are clueless to the finances..
Have been all year, remember they have 200m shares approved for a raise..

So funding could be around the corner, at 10p, with a 20% discount, makes now a good entry, if the price does not rise then the dip will be a better place.. Then there is the fact its just one prospect, 2 different locations(maybe) not 3 or 4 like last time,

BB saying no funding, nobody knows

I dont know the history, at first glance Tomco are selling their 90% stake hopefully for $16m
So GreenFields get 100%, or maybe Valkor take 90% ?
Why is Valkor a not so good option?

So if Greenfields did'nt take the remaining interest, could that option be extended a little longer..
What about taking up a smaller amount, and the rest at a later date?
Just looking for ideas of different outcomes, new to this situation

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@Tro, Tomco placing is on the 15th Dec, shares a 0.35p, so the IIs, shares and the brokers shares..
Whats the chances of the bid not being at least 0.35p on or after the 15th, unless forward sold...which is not so likely as it is 0.3297p to buy at the moment....about 280M placing shares
Just wondering it drops sub 0.32 if there is a highly likely 10%, selling 0.35p

The broker got paid with shares 0.35p, and the price has dropped below, whats the chances of it not rising above 0.35p when they are listed...At least for a short period ?

@ID78, Appreciate that post, will make some notes from that..
Yep, I was in ADV, lost all my profits again, but I feel the CEO was genuinely confident, Then lost my cash on EOG, Their JV I3e had me convinced they were spot on with their modelling and predictions....
So slowly changing my investing ideas, to take decent profits, and forget going for gold..
Just had a good gain almost halved, by an RNS I suspected might come, held too long for a few extra percent,...
just need to work on my loses, my strong point.

@KevR, looks easy watching, my QFI seems to be creeping down, trouble is its up off its lowest point since 2020, so looks expensive, mind you it does not look cheap until looking back to 2021... Mmmmmm..
Need to stick with spuds....at least I am 50/50 there

@bankrupty, not quite following your post, Are ALBA buying Groc shares on the open market ??

What justifies Orosur fall
reading the news articles, their 50% controlling partner MMA is proceeding to the Next phase, investing $20m

https://www.lse.co.uk/news/OMI/orosur-mining-drilling-results-disappoint-refocuses-on-groundwork-s9pf23hudmzs8qq.html

Then there is this explaination, sounds like the drop is overdone, but mining is new to me, so clueless
https://www.lse.co.uk/news/OMI/orosur-reports-on-latest-progress-at-colombias-anza-project-xs9pz5p2vk3dy5k.html

@ID78, Its just I read both the negative and positives, been taken for ride before by the rampers pushing only the positives...
Here we can have an open discussion without offending anyone :)
At the moment I am keeping hold of my small position for a while longer at least.
Makes a change for me to pick one moving the right way..
Totally green when it comes to miners, still giving my money away else where too :(
The CEO said in Germany the funding was done, and it was..
So a good first impression for me, but Clifford suggests differently..

Anyway as I have little mining knowledge, interested in your take ?

Postponed :)

Thanks both, I wonder if the dry docking can be proposed under the circumstances, I take its a routine inspection like a MOT?
But the ship being lined up puts the odds in favor of progress, and my readings show the POC was a success with Maersk.. Just would be nice to be blue in my pf while waiting

Fingers crossed 2023 is the year for all the guys that have waited many years

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time for a walk for me
I got some reading glasses, weak ones, they block some of the glare from the screen, they make a noticeable difference, so wear them part of the day

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It was always obvious the results would not come until next year, the POC has'nt even been signed yet, there was just some green shipping conferences where QFI & MSC jointly presented their thing... blooming doubled on that, lol crazy game..
The ship has been bought by MSC, booked for dry dock and whatever, so will get signed...and dropping....defies logic.

I see more and more why you chose your bottoms now...

OMI, their JV has agreed the next 5 year phase, and spending $20M, so this mornings drop must be overdone unless pumped before, .. might look at that later..
Good right up, you need to read past the advert, ad makes you thing the article is over but the continues about the JV
https://www.lse.co.uk/news/OMI/orosur-mining-drilling-results-disappoint-refocuses-on-groundwork-s9pf23hudmzs8qq.html

I have been wondering about WBI, but has'nt it got to twitch a little to show signs of the buyers coming ?

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CINE, moved again, thats made the smart money a lot this year..
Do you ever trade syme, thats getting low again...??

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lol, I had just moved qfi into my "Soon" list when low penny, when it was getting close to the end of year MSC POC signing time, it rose a little, then a little, I thought way to early, it reached 3p, all that waiting .....
Now its near signing time, and I bought its blooody dropping, slowly too, making it harder to decide on what to do..
Will it creep down until news is the question, then I need to take the cash loss but increase the holding for less later, before news.????
Good game, unless your rubbish at it.....

When is the next news due on the MSC POC, any agreements due signing?

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what do you think about Cliffords comments on Gcat.
Took a look at his profile, singing a different tune to the BB..
Makes me think holding for a good rise next year is not a good idea..