Member Info for DevonianExile

We all know that different platforms have different base points - but sometimes it gets ridiculous. At 10.40AM today LSE (this site) is showing 7% down and the other LSE (London Stock Exchange) is showing 9% up. When buying or selling I always look at the Stock Exchange site before placing an order.

Have to say that summary is pretty compelling - and Sorensen echoes JMs words at the turn of the year. Have also done my research here - and the alternatives to QED all have significant barriers to adoption. Cost, infrastructure, technology, safety etc

There is nothing like a “compliance” led drive to change and the options are very limited whether interim or in the longer term. And the clock really is ticking very quickly now.

Very confident here and I just sense we are now right on the cusp of something very special.

Time (and not the next few days) will tell but I very strongly suspect you are wrong. Existing shareholders will be delighted to have picked up a reasonable additional holding and will largely keep the stock. May even use free cash to add at these prices.

Some of the placing stock will hit the market but will be sucked up pretty quickly - and of course we expect a string of announcements going forward.

Never been more confident

So I think the BoD have done pretty well here despite the problems some have experienced. The funds are now safely tucked away in quick order and through a financially efficient route . There will hopefully be some clear water ahead.

If you try and put yourself in the BoDs position they clearly knew how long current funds would last (guess March/April) - but critically surely know when most of the projects will pan out time wise (despite the historic problems on this front).

So if I was doing their job I would want the fundraising to be tidied up well ahead of the next set of milestones. And I would want this done as quickly as possible with as near zero risk as possible - hence the pricing.

As stated by many here the short term price is a complete irrelevance anyway- but also I guess the last chance to build a solid position before news flows again. Hopefully I’ll get a get good % of what I asked for - but any left over cash will go into one final push re my own personal holding.

Totally disagree - the BoD have acted exactly as they should have and I congratulate them. I also think the BoD is now looking very strong re experience and gravitas -exactly what is needed for the big steps required through the next 12-18 months.

The funding is sorted cleanly and very quickly. Short term SP movements are a complete irrelevance to the big picture. And the route chosen is the most efficient and gives good value for money. The fact that some brokers are not on board for what is an increasingly adopted approach says more about them than QED - use this experience to change brokers but don’t blame the company

After (only) 8 years invested I have never felt more confident about the leadership team - well done JM and AM - et al.

Well done Seis - that is a big move forward. So why would any want a large scale mining licence.............?

I think we get a bit obsessed about milestone dates. All the way through I have been more interested in direction of travel - and accept there have been times when it looked as if we were trapped in quick sand.

Jason in this video is more confident and at ease than I have ever seen. And anyone watching will be in some awe at the emerging potential here - the numbers could be off the scale. I think any long term holder will be impressed and no doubt very reassured should they be thinking about de-risking or taking profit.

Very difficult to think of any share that matches the longer term upside potential here - well done to Jason, Andy and the entire Quadrise team.

Rare post from me - but that is a very well written report and I suspect it will be addressed to all sorts of recipients - potential customers and suppliers, investors, regulators, government bodies and so on.

For me though there is a confidence and assertiveness running through the pages that is highly impressive. A bit like "we know we have the answers - we told you so - we have the evidence - now you have to start believing us"

Great stuff

Anyone who knew anything about Quadrise and heard/saw the AGM transcript over the weekend will have had all the news they needed. I tripled my holding on the back of that lot.

Yep - my thoughts as well. I would second guess that the feedback on the assays - and the early outcome of the second wave of drilling - is very much interwoven with the commercials regarding how to take things forward. One thing is absolutely certain - NVS and co will not do it on their own

Yawn - last RNS states the hoped for timing but most of us know this can move around. Personally just very pleased to have had the opportunity to increase my holding at good prices.

Well I am happy to sit back Caddy. The short term share price means damn all. He knows that - hence his response. The board will only be concerned with getting results that the market will respect - the timetable will be one that we all have to live with.

I - and many others - also know that, and accept that timescales are dependent on third parties in both Zambia and Botswana.

I for one feel pretty chilled about my investment - and whether the sp is 1.70, 1.80 or 1.90 next week is a complete sideshow

Seis - to report them you have to un-filter. Maybe we should have a "report day" - we un-filter and all report??? But life is perhaps too short for all of that.

I am quite happy to patiently await confirmation of what most of us believe is on the way. Worrying about the short term share price is a waste of time and energy if you believe in the big picture - and for added comfort it is worth looking at the shareholdings of the key players (including Kev B). Don't think they will worry about a few nutters - and am sure they want to become very wealthy individuals.

I’m sure The Skipper on ADVFN won’t mind me using this link:

https://miningaim.co.uk/charles-archer-blog/f/arc-minerals-something-larger-is-brewing-in-zambia

Just wanted to thank SeisNav for the information he provides us - and I suspect many share my sentiments.

Holding this share has been a real roller coaster, but it is always reassuring to get his - and one or two others - informed and tangible inputs to what is often a pretty vitriolic board (although for me often a largely "green" board in recent months .

No doubt there will be further twists and turns, but this does feel like the start of a very interesting 12-18 months. Glad I'm in at the beginning!

I’ve been watching a sea of green for 6 months now - and it really is good for my mental health. The thing is - regarding the big picture - they will have completely wasted their time and energy.

Thankfully not mine since the famous five were doused in green

So before the placing this lot were last reported as having 5% of the total stock - circa 60 million shares. So in the last few months they sold the best part of 40 million shares on a drip feed basis. Not for any reason other than the original holding being against their own strategic guidelines.

A crazy bit of financial dealing but at least it is over - and explains a lot of the price movement of late. The BoD were absolutely right to get rid of the problem- and I suspect our other Swedish investor may have taken the opportunity to increase.

Well placings are rarely welcomed but this was done pretty cleverly in my view - all over in less than 24 hours, oversubscribed, and the BoD with a lot of incentive to deliver. Get rid of the Swedish lot and stabilise first - then go for both Zambia and Botswana. Only regret is not being able to take part - although I see some ADVFN posters were invited.

I wonder if some of the regulars on here also subscribed via their contacts - if they did best of luck to them despite being a little jealous. If you are in an AIM share this is pretty much what you expect so just get on with it.

Well - it is 4 weeks since I filtered the famous 5 - the first time I have ever filtered anyone let alone 5. Some days it is quite bizarre - 5 blocks of green all apparently talking to each other about a share they hate but don't own. But no one is listening.

You really couldn't make it up - anyone know a good psychologist?

I hesitate to comment here - these days I am pretty far removed from all this. However the database is still intact should there be a substantive reason to use it.

Looed keeps occasional contact with us - and I have nothing but admiration for the sheer tenacity and good judgement of him and one or two others trying to maintain a contact point. As some know from this site we have a couple of times been invited to "verify" authenticity of contact. We have seen originals of emails that absolutely seem to originate from the @ email address that appears on the Company's "holding" website - and I would say that a reasonable person would judge them to be entirely authentic. Plus I can see no good reason why anyone would go to the trouble of falsely presenting them

Enough from me - but I for one place my trust in Looed in seeking to steer some form of relationship with those in charge.