Member Info for Dan_The_Man

If you are referring to the SI Cap clients, I would imagine they took about £1m, and they don't typically flip like a dolphin... PH probably took half of the remaining, and I guess may look to trade out a little but the guys who are invested here (I mean really invested!) are all great investors, you have to just look at the assets here and the potential and then look at the mcap…

In my view, the CLN is with sticky holders and will likely be advised to take up once SP in excess of say 4p... Im not sure I understand what you are saying, you say concerned, but then the positivity of putting a floor under the stock... do you mean ceiling perhaps?
Drilling this week into know gold areas to test depths and continuation, this is what the market is concerned about imho... GL

Thanks for the notes, not overly different from my view... pretty confident we see 1.2m oz defined by year end with target of 5-8m oz within 3-5 years... barns and Baggy Green are great, but just look at Laker, Larwood and Walker, plus the 4 IOCG targets... if we strike IOCG and prove up, we looking at £200m mcap easy, remember what CM said, turns us into a major mining house overnight... all the boxes are being ticked for IOCG, meeting of fault line, high magnetic, elevated reading etc etc etc... glad to have you on board, some are waking up to the potential here but still aren’t quite getting the magnitude... yet but will do...

I think that close now puts us into a very bullish tech situation, not that it matters considering we will be drilling next week... Rig mobilising Monday, I guess we will up and running and drilling by Thurs/Friday, really very excited... This is the moment we have been waiting for ever since investing in the IPO, I only took £5k at the time as was testing the water ha ha… Now holding a much much larger position, we have cleared the duffers which were free riding and we have cleared the betwetters… Now lets hit some monsters grades and huge depths... Have a good weekend guys...

https://im-mining.com/2020/09/15/data-science-competition-unearths-potential-south-australias-gawler-region/

I’m digging at the mo... from old prospectus...
“ History
In 1997, Newcrest Mining Ltd (“Newcrest”) completed a reconnaissance-scale calcrete sampling survey on the tenement on which Barns is now located, with initial samples spaced at one kilometre. A number of adjacent reconnaissance samples returned anomalous gold values over the Barns area. Infill sampling completed by Newcrest in 1998 defined a large gold anomaly with a peak value of 31 ppb.
48

In early 1999, Newcrest, which was experiencing considerable exploration success in the Cadia district in New South Wales, determined to dispose of its exploration license. Check sampling completed by Andromeda (then Adelaide Resources Ltd) validated the existing anomalous gold-in-calcrete results and Andromeda acquired a 100% interest in the exploration license in late 1999.
In 2000, Andromeda completed further calcrete sampling over Barns at 400, 200 and 100 metre centres. The resulting geochemical feature was a large coherent anomaly with a peak value of 49 ppb gold and included significant areas above 10 ppb. Calcrete samples were collected by hand auger and assayed at Amdel Laboratories using a low-level BLEG technique, giving a lower gold detection limit of 0.05 ppb.
The Barns, Baggy Green and White Tank gold deposits of the Wudinna Project were discovered by drill testing gold of calcrete geochemical anomalies.
The Barns gold deposit was discovered in 2000, with significant intersections including 12 metres at 3.38g/t gold from 67 metres in RCBN-123, and 35.49 metres at 1.80g/t gold from 115 metres in PDBN-134.
Intersections from White Tank, discovered in 2003, include 7 metres at 10.03g/t gold from 63 metres in RHBN-234, and 17 metres at 3.47g/t gold from 60 metres in RHBN-248.
Baggy Green was found in 2004 with notable intersections including 8 metres at 4.79g/t gold from 34 metres in WUD6-770, and 5 metres at 9.01g/t gold from 66 metres in BGRC-865”.

Very bullish and super excited... ever since buying, we are getting closer and closer to the moment been Waiting... we have enough money now to get the drilling done, we have the rig to do the drilling, we have the pathfinder analysis to tell us where to drill and we have the right guys in charge to get the job done... I think the drill results are going to surprise the market, we a
lol know the gold is there, and we know the management are incentivised to get the s/p to at least 5p, a price which I think we see in October for sure...

FWIW of course there are ways around this, just like forward selling warrants right, you exercise and also open up a short in the stock and net the difference on delivery... hey bwtfdik… GL

We have a little DMA guy putting up the order 642... saw it at 1.50pm, then 4 sales then popped up... Im guessing we see a late reported buy in the next hour or so...

We should be 3.2/3.5 for sure...

Refreshing to read someone posting balanced views and also honest ones... For me, the stock has the potential to become a £1bil company, but there a lot of things have to happen inbetween, which take time and they need to be done in the right order... I was in the pre-IPO at 8p and IPO at 16p and clearly sucked in by the hype and also the picture painted at the time hasn't come to fruition, like the 90% margins etc and the sweat equity dumping like no tomorrow... Then there was the hedge fund shenanigans blah blah blah, this is still ongoing by the way in my view...
This is going to be a volatile stock for some time yet as London actually works out a way to value it properly and the BTC price whips up and down... We all want BTC price to go up but at the moment it is majorly controlled by the original whales, until the investor mix increases, that's when we will start seeing some proper adopting... Some will say this is bonkers but BTC will go sub $9k again, with it likely going down to sub $7k, its all part of the plan and this is why I am sharing my thought with you, this will clearly present several buying opportunities along the way... If you can buy and hold and remain patient, there will be some monster money to be made when the BTC price does improve and hopefully the margins provided are a little more favourable... As you can see from the results, if you make £Xmil revenue, and margins are Y%, then I would expect to see net profit of £Xmil x Y%... clearly the margins provided are a little rosier than actual... Im a long term holder, cheapest buys at 3p, dearest at 16p... I'll be off now...

It all depends on how they want to play it I guess... I imagine they will want to drip feed the headline results in... You have to remember that they will also want the price up over a period of time to get the warrant money flowing too... RC drilling is exceptionally fast, as opposed to the longer duration diamond drill... Labs will take 2 weeks to analyse date... From now to end of year is going to be action packed...

Ok so if you are a serious long term investor, don’t buy just yet, yes we make money but London just doesn’t get it yet... we will move up and down with the crypto market... BTC will go sub $9k for sure, just sit on your hands, we will head lower, I know it’s painful but just grit and bear it... BTC market controlled by the whales, this is where they want it irrespective of where everyone else wants it... there’s a plan, just play along with it... good luck

Tiny point Charlie, we would have been drilling just not as many holes in Program 1... however it’s now irrelevant as we got the green light for 25 holes at 150m... some not quite getting it yet but over the next week, people will start to wake up... mcap is absurdly cheap, 211k worth £6m on its own, mcap £4m lol... we will absolutely nail 1m oz by end of year, I’m literally 100% confident... anyway, I’m off, see you all at drill date, keep buying and holding ready for a big payday...

Not invested here but looks like 1 x 500k sell and 1 x 500k buy...

Labs take 2-3 weeks... RC drilling relative quick, I’d expect drill results to be drip fed too...

I’ve not heard back either as of yet but I do know that Share Talk have an interview coming out so maybe all is explained in there and/or maybe an rns is in the pipe work...

RNS tomorrow im going for...

My initial thought was that the drill is for the lower figure but if they hit the good stuff at depth then they won’t stop drilling... so the different is I believe a reserve in the drill depth... plan is to drill 125-150m I imagine but they can go further if necessary...

Average down?