Member Info for Dan_The_Man

Small trades... research dark pools...

Thank you, at least I’m not the only one buying ha ha...

Another 100k should do it...

Someone trading £32 worth, must be desperate ha...

That’s what people keep saying, but they could easily surprise the market... better for me to be in and wait rather than chase rainbows, I’m useless at timing ha ha... Day 10 of drill program, I imagine they have drilled out 10-12 holes, so nearly half way there...

#crossramp ha ha... it’s all good, we are all here to make money at the end of the day, don’t know why you’d sell at the low unless you think EUA has more legs... I imagine here there is a greater chance of doubling, bwtfdik... buy price coming up a little, 2.19p just paid...

You must nearly hold as much as me now ha ha…

Do not disagree whatsoever, I think its key to keep , momentum, something which the board here do not appreciate, however with our leader being Geo focussed, perhaps he doesn't understand the PR aspect, which is why I thought Dan was brought in from a London viewpoint... I understand the selling of warrants to lock in the net gain, however its not logical to do this when the CLN coverts at 2.3p, its almost like youre selling for 2.1p to buy the same stock at 2.3p, its an odd scenario... Yes there are warrants, but remember this brings in cash, so beneficial from a funding perspective... We've had placings at 2.25p and 2.3p, we certainly don't need any more money just yet and when we do, pretty sure we will sitting a lot higher than where we are now... Good luck guys, there may be other more exciting prospects across thee market, but at £4m mcap, with 211k oz and drilling underway, I don't see any reason to sell at this area, its the buyzone, Ive paid 2.49p, 2.54p and 2.44p recently, which is cheap, we are just cheaper now...

Absolutely agree, we should have several news catalysts incoming too... for example an update on drilling, AGM, prospectus release, director buying as coming out of closed period, annual accounts, some additional info regarding program 2, etc etc…

Yeah 25 days im thinking, then the wording of the last RNS can be interpreted different ways... If I was doing it, I would drill say 8 holes, then get those sent off, to start the ball rolling... Who knows but absolute worse case is 25 days from Saturday and then 5 weeks on top...

One hole a day I estimate... 3-5 weeks is overkill imho, some buffer built in there...

Trek ~ so I don’t know if you watched the recent interview, but some clues on there too... but look at the Wudinna project split in 2 really, you have the gold portion which we know is guaranteed, we just don’t know how much and at what grades, this is obviously why we are drilling... the other portion is the possibility of iocg, these deposits are generally lower grade, but enormous in size...

We have all the right criteria for the iocg, it’s just going to take a load of drilling to fully define, but if we can prove it up, be worth hundreds of millions depending on size...

For iocg, you need location, you need proximity to Hilbata suite, you need elevated readings, you need discrete magnetic anomalies and you need gravity, we have them all... not just one stab at it either, we have 4 chances, I personally think it’s nailed on...

Hi Trek... what do you need to know?

How funny, you didn’t last long ha ha...

Glm...

Please buy more then lol... some investors/traders just cant see the wood through the trees... one strategy for a warrant holder is to sell down equity and hold the warrants in the portfolio until well in the money... The 2p warrants wont be exercised until somewhere like 4p in my eyes but each to their own... I took up my warrants already as I prefer to hold equity... The issue with the market is that they get fixated on the shareprice in comparison to what they bought at... By the end of year, im pretty confident we will have at least 1.2m oz in the locker and around 250m shares in issue... Taking 2% of spot as a value in the ground and $1.27 conversion, this equates to an indicative shareprice of 14p... plus we will have cash in the bank, further resources to drill and bank under jorc and also the copper asset... also have to blue sky potential of 4 IOCGs... Youre either in or out I guess, but for me this is one of the best opportunities in the market...

Still cant quite fathom why we still sit at under a £5m mcap but I guess this is the market lol... The market have been slow to pick up on the potential here so I hope everyone is locked and loaded, just need a few of us sticky guys holding... Absolutely not concerned one bit about the drilling, note that they are drilling to confirm dips/continuation/sources, NOT whether gold is actually there, because they 100% know that already...
Nice question on the IOCG, however I think they will play this down and avoid actually answering the question... however let me give my input, probably not useful but here goes...
Are we in an area where IOCGs are present YES
Are we close to the Hilbata Suite YES
Do we have elevated pathfinders synonymous with IOGC YES
Did the Geo mapping throw up some magnetic and gravitational anomalies YES
Do the fault lines intersect YES
For me, the IOCG is nailed on but have to take it one step at a time... GL guys...

Morning guys... hope youre all doing well in these markets... COBR drilling today, has to be one of the most cert drills in history considering all the pathfinder analysis... EEE drilling 28th... Make sure you got some, they got some news in the pipework too...

Rig is on site, weather is looking great, drilling one hole a day I expect, drip feed results into market, covid not impacting, Hagstrom taking one third equity, financial results due end of month, closed period for directors to open up, CLN prospectus close, warrant money closer, mcap still sub £5m, whats not to like, hey...

I imagine they will be down to 2.5bil by end of the day... all out by end of week...