Member Info for Dan1605

It's disappointing that we find ourselves back at 0.21 like a bad case of deja vu. We've seen an incredible amount of share churned over the last few weeks. Those that say that the "sticky hands" are indeed sticky are talking b*llocks and those that have sold (it's not difficult to find out who they are) should not be invited to further placings.

We have one Geologist and an non Exec Director with a PHD in Geology if you want to spilt hairs Snip and what's this "We".

Anyway, we're making progress and the new guys are making progress. There is a lot to be positive about regardless of how much past antics stick in the throat. This the best opportunity we've had since CB's passing so let's not look a gift horse in the mouth, I realize my negativity is creeping back in, it must be the scars.

No, I've mentioned him a few times recently. He's another that's been riding the Gravy Train for too long. Non Exec Director with a PHD in mining and Geology and probably never stepped foot in Aus.

"Why would 2 finance guys spot something in the DD that the geologists missed?" You mean Geologist Snip, (singular). That is the million dollar question and one that has been asked on here for years, has AJ simply had a bad run of luck or is he simply not up to the job, harsh but he's not the one several thousands down.

I'm about to message Mike and asked him exactly that, what have you seen that makes you think can succeed where others have failed. If it's to do with data that's been previously overlooked then fair enough but nobody has mentioned in a single interview why they've decided to go back, all we've had is a few digs at investors for suggesting Vic is a waste of resource.

Because I think that something in the DD is suggesting that they should. They have made it quite clear that they will not spend cash unnecessarily and therefore we can be fairly sure that this decision is not on a whim.

if you spent more than 5 minutes a week on this board snip you may have seen my post from earlier in the week regarding "*** packets" volumes. 750m includes both buys and sells, because the market records both trades. therefore we can "assume" that roughly 50% of those were sells.

next question.

Morning Snip,

"I'll stick my neck out" It's normally your head you're sticking above the Parapet, so credit where credits due old bean.

"t has moved the SP not one jot" - Correct it's done considerably well for a 300m placing, 20% lower than were we're currently sat.

The difference is Tamer, I/others given an opinion "Presumably, assuming, think, might" vs "why are we using contracted rig(s) at CresWick" Where in the RNS does it say we are?

We all want a JV and we all want this to multi-bag but trying to convince ourselves does not make it reality.

It doesn't say contracted rigs Tamer, it says they've contacted a drilling company, presumably for a drilling crew. Can we stick to the facts rather than fantasy.

Well done TS,

I've held off 1. because I have enough and 2 because I'm not that optimistic about VIC and I would have liked to see another party share the burden but we are where we are and these new boys mean business.

A great update, we can't ask for any more than that. I think there was an expectation of a JV which is why the MM have taken advantage and dropped the price.

"the Board is currently negotiating contracts and pricing with a local drilling company" - I'm assuming we're using own rigs but hiring operators?

It's wet season mate, there is no way they're going to Lolworth.

purely *** packet

710m . Half that to get the sell volume, then knock off another 100m for the 5 minute wonders. I reckon the flipping volume is approx 150 - 200m. We're close.

This board has become a ramp fest and it's embarrassing not to mention clogging the board ffs.

We've seen considerable buying over the last few weeks, this isn't retail imo. We're looking at a very wealthy individual or the another company taking a stake, more than likely another AIM junior. The rise feels controlled and sustainable. Just my opinion.

FFS, you're not Tamer's brother by any chance CFD1 lol?

You could say the same about every other AIM stock. This is building nicely, a spike would be pointless.

The order book is firming up nicely, support now forming at 0.21 which we haven't seen for a while. Could be in for an afternoon push.