Member Info for Dave85

....this morning sub 0.4, didnt expect the chance considering movement in Cu, cheaper than the recent placing and much less effort too. Continue to be happy to be very patient here.

GLA

Many thanks for the very interesting points made here recently July has marked the start of my gradual buying in here (coupled with similar start into nccl and kibo) personally very bullish for H2 for these types of companies and just lucky that ive followed this one for so long and somehow avoided pressing the buy button until recently.

AIMO ATB

For clarity Tiris is 50m lb with dfs and permit - in Mauritanian
Haggan is the 800m lb swedish project with V2O5 scoping study.
Previous post could have worked better.
ATB

Interesting development right at 0800. The greenstones have incredible potential and promising strikes are crying out to be drilled deeper ( tasiast improved at depth), have been watch ALG improve recently and that lead me to suspect interest in the belts was picking up. Even signed up with saxo months ago to buy some but the guy on the phone said they wouldnt let me as it appeared in their opinon they were at high risk of going under (much higher now (bit annoying)).

Liquidity is a fraction of that on the asx (I understand) so sp may move faster with asx suspended. CLN is lurking and I wonder how close to Chilean Metals PR is with his HER history (I lost a fair bit on that one).

Gold news is good tho and attention seeking which is much needed I feel, highly advanced uranium project too (tiris), very hampered 800m lb uranium asset in sweden (mining ban on U) now switched to V2O5/polymetallic with scoping study inexplicably late but apprently complete. So lots to like here. V is similar magnitude to FAR - which I recently started buying as market seemed to be improving and haggan was at stand still.

ASEAN apparent Proxy fight in full swing here and not exactly close to a result. Lots of good but certainly a tainted Co and maybe requires a close realisation of what is likely upon asx coming out of suspension in terms of liquidity. When asx does open where will the U price be tho with Kazaks feeling the brunt of covid and kazatomprom hinting at possible spot purchases before production is back at full swing. Where will Gold be and where will AIM aura sp be, not to mention any m & a possibilities for tiris.

AIMO GLA

https://www.rns-pdf.londonstockexchange.com/rns/2849J_1-2020-4-8.pdf

From table 1-1 contained metal ounces ind 747k & inf 268k gives total of 1.015m oz

https://www.lse.co.uk/rns/LND/28-million-conditional-placing-and-accounts-date-84blztd9ssstyrl.html

“Following Admission, the Company's issued share capital will consist of 1,799,076,699”

https://www.youtube.com/watch?v=sdZrYCG_LMM

From 14:40 to 16:30 interesting listen, 1m oz deposit, “kind of high grade” (likely meaning more than 1.06g/t (not bam?)), trading at 30m CAD maybe get >1b CAD for the deposit if sold.

LND at 1p following admission would be (1.8b x 0.01)x1.694 capitalised at 30.49m CAD.

At least some parallels and food for thought (I thought so anyway)

AIMO ATB

https://www.canaccordgenuity.com/investor-relations/investor-resources/corporate-governance/board-of-directors/terrence-a.-lyons/

https://srhi.ca/board-of-directors

...if not arguably with so much direct POG leverage, even so, once lock downs pass physical trade should be higher cf pre covid days. I was lucky to make at least smallish percentage on sxx (down from >100% not RPs fault), and to only have lost small scale with pcge (down to RP imo), third time hopefully better percentage gain from backing this guy.

AIMO GLA

*as currently relatively undervalued to other assets

I have just such an expectation and have started to buy in today (little by little). The speed of selling maybe unsustainable eventually swinging supply and demand, KAT stake seems likely to appreciate in value and I see energy companies especially EM exposed energy companies as currently. PPG didnt/hasnt turned out too well for me (so far) tho. May get worse before it gets better of course but over time I see good risk reward here.

AIMO ATB

Very interesting developments today. Decent amount with warrant funds to bolster, if results justify. Comprehensive work with potential to change the scale of BAM very significantly. Was hearing the space over there was awash with activity and was expecting news of a deal or this sort was close. Hope I'm not being ott to think the Id of the EGI may Spring lnd from its current relative obscurity and ignite interest during the work and beyond. Been trying to remember how I became aware of lnd but I cannot, pretty sure there wasnt a taxi driver involved tho.

Really big 12 months ahead now, ceilings will likely be raised. Best of luck all especially the vflth/s.

AIMO ATB

Added more just below 0.27

Happy to wait and see

This is starting to get closer to home

“Network Rail to benefit from our mature core technology”

“masonry in rail networks”

“reducing the need for (and frequency of) boots-on-the-tracks inspection”

Originally bought in before corridor came on the scene and posted at the time how unexpected the area the tech had moved towards.

Have posted previously my thoughts that in the future this tech could replace at least some aspect of an area I have profited from in the past and possibly will do again, therefore glad (and lucky) to be sitting on very decent paper profit and accordingly actually really hoping for accelerated success.

“improve rail workers' safety”

If they are not there - no risk (at any particular time), and ‘no’ is a very big deal.

The potential for increases in inspection frequency is also a very big deal in terms of all round safety.

https://www.railtechnologymagazine.com/Rail-News/nr-at-fault-for-potentially-disastrous-liverpool-lime-street-wall-collapse

Early days but welcome and significant news I feel.

AIMO ATB

May be of interest…

https://www.youtube.com/watch?v=wInlMRATx0k

Especially from 19:30 re potential significance of silver >18.79 monthly close looking good for July and increasingly likely for June.

https://m.youtube.com/watch?v=lx-6iDxuThA

From 5.38 explains how exploration companies are valued by the market. They are valued (in part at least) according to perception and hope (of the ‘interested’ market participants) of the deposit they are trying to find. Speculators try to acquire cheap shares before any new discovery is made (imo a possible motivation behind some recent discord on this BB).

As Silver price increases the number of interested participants increases along with speculative competition (demand for shares). The announcement of a new drilling campaign is highlighted as a strong potential catalyst towards increasing SP. Even before results announced.

The Silvercrest case study has some interesting analogies.

First Majestic and Mag Silver have both seen steadily increasing SP and RSI in the last 3 to 4 days, a similar but less consistent and marked movement can also be seen at UFO.

https://m.youtube.com/watch?v=Mve3ymvSkt0

Mag Silver explaining the geology on the same trend UFO have announced upcoming drilling. From 5.50 explaining the presence of roughly 5m wide bonanza zone with vein widening and reducing in grade at depth. Lower grade but with up to 6 X the width – the quantity of metal is far higher. The lower grades referred to are only relatively lower grade and this area of Mexico is right up there on a world scale for discovered silver grades.

I referred to another similarity I am still highly cognisant of in my post here on 27/11/19.

https://www.youtube.com/watch?v=-5QxwMZDcrY

From 20.15 another interesting technical opinion on the paper silver price which importantly imo clearly demonstrates a difference between a potential near term upcoming move from the movement seen in 2016. (mgmt here are different now!)

Essentially – significant silver exposure is relatively rare worldwide, its particularly hard to come by on AIM, the silver market appears to be approaching a breakout which would likely lead to increasing interest, increasing speculation, more demand for UFO shares and profitability from current/recent levels – why I'm here. Success of campaign, mgmt decisions and magnitude of silver’s move will determine the scale of profitability but from now the odds appear high stacked in favour of increasing mcap and hopefully sp – why Ive more than doubled my holding over the last fortnight.

Gold:Silver ratio got to extremes recently I think a reversion towards the hundred year mean of 53ish is now occurring and will kick into an accelerated phase within the next 6 months so happy to be positioned here early on.

AIMO GLA

Like the potential and seems very cheap so started to buy some this morning sub 0.3p. Will slowly continue if it stays this low/er.

GLA

After loosely following TOM for years, primarily based on the RF tech, and finally buying just before Christmas last year I was very pleased to read the RNS on Wednesday. Although I expected a drop below my av, my tendency to view things longer term lead me to buy in the upper mid 0.4s which gave me added confidence as it seemed the other trades were also buys.

The suspension soon after and the later license issue was pretty deflating but what a rollercoaster to now see this turn around again this morning. Thanks to the well researched with a thorough understanding for posting their views over the last 6 months or so.

Happy with todays news and interested to watch the response.

AIMO ATB

Copper improving of late.

Remembering....

"The final, balancing payment ("Final Invoice") will be paid on delivery to Japan, subject to the quotation period as per the terms of the Offtake Agreement, which is defined as third calendar month after month of arrival in Japan. The Final Invoice will consist of the remaining 10%, plus or minus any commodity price changes to the Advanced Payments made, less accrued interest."

Still requires speculation but movement in the copper price recently improves the likelihood, imo, of a price >2.5 being the relevant one to use in calculating income from shipments. G said likely the price in june or july would apply.

Overlayed on this is thinking from owlman, I have seen no firm information to confirm.

"Details of the reduction of ownership of the Minto mine was only announced on 6th April so surely any sales prior to that date should be split using the original contract and thereby Pembridge should be entitled to 33% ?"

If 33 still applies to this shipment and a price >2.5 is paid the amount in coming could significantly suprise some participants/followers to the upside? - a refreshing change perhaps.

Exploration activity news would be extra over.

http://www.kitcometals.com/charts/copper_historical.html

AIMO GLA

Many thanks itsagame

Very much so and with many thousands at stake.

The assets are there and the exposure hotting up very nicely but recent battles have massively limited upside from here even with decent foreseeable resolution scenarios.

'Massively limited' doesn't negate large multiples on my money tho.

Have mulled over the goings on here for many many hours but kept and keeping them to myself.

Patiently awaiting clarity and developments. Still stand by my last post really.

If clarity emerges (positively) I would expect the uncertainty discount evident (relative to peers) to reduce quite quickly.

I think the battling has put aura on the radar of many. Very happy to be highly diversified otherwise could be quite a stressful time.

Best of luck to you whatever course of action you choose with aura, personally expect a chance to average down some more <0.15p even if first bits of clarity appear relatively positive. Will have to take a view on that decision at the time tho.

'Might something be retrieved' - I strongly believe from the info Ive seen that something indeed might. Might after all is pretty broad.

AIMO ATB

'Has' come should read 'hopefully will' come

Considering my continued inability to press the button on wuc and a significant part of the reason being the lack of tax wrapped potential gains together with my existing isa holding in thr, this announcement is extremely welcome imv.

https://www.western-uranium.com/aboutus.html

The nuclear fuel working group is worth a read up - recently delivered its findings, broadly to reduce US foreign dependency on fuel cycle supply of nuclear powerplant fuel from ore mining to rod manufacture.

Location location location - https://www.energyfuels.com/white-mesa-mill

Uranium - the most cyclical of commodities - last bull run the commodity 14 bagged 2003 to 2007. Since covid - massively significant global production shutdowns from 2 main players cameco and kazatomprom just as markets mobile inventory is reaching a critical point where utilities hand maybe forced to begin the signing of multiyear contracts with producers (how price discovery occured last time) ending previously in the 20+ bagging of many uranium mining equities (some hundred bagged and more).

Recommend watching brandon munro interviews available on crux investor - you tube - great background. e.g.

https://youtu.be/q2UjARyNqxM

US based uranium exposure on AIM - where else do you get that?

Luckily it has come to me, happy days indeed.

AIMO GLA

Or maybe immediacy and size of insider support via funding/self imposed benefit curtailment combined with apparent (at least present) lack of ability to dilute existing holders further (?), provides at least some room for a positive slant in light of international commitment to infrastructure spending and urgency of need to restart economies?

AIMO ATB