Member Info for DG1Investor

0.9 would be amazing - increase in the higher grade tonnage is also very important - economics through feasibility another important part of the jigsaw (but we may get taken out before PEA if MRE update is a blockbuster or is that a stretch too far ?) - continuing uptrend in Copper price can’t do any harm - better results from Aggy and maybe another Tier1 find as the cherry on top !

Could someone refresh my memory what dates does Cluff have to deliver a JV or prove funds by - before risking loss of licenses. As they have had the ‘war room’ in operation for some time working towards getting a jv in place one would assume they may have been down to a shortlist of potentials and now with new licenses and new investors (with incredibly deep pockets) one would maybe assume that any partners would want in sooner rather than later rather than risk Cluff going it alone with new investor pals - just trying to get it clear in my mind as to timescale we are talking about which we could hope for for some very big jv news ? Thanks all

Earthling I agree with you mate - MRE update can’t be already baked into the SP as we don’t yet know what it will contain. But if we knew when it was going to be released then we could see SP movement in anticipation - however some clever souls may be able to make an educated guess to what it will contain - and II’s haven’t been selling (Tenstar the exception) so that has to be a positive

I believe Berkshire Hathaway (WB’s investment vehicle does only have a very small number of staff circa 30) the companies owned entirely or in part by Berkshire have 100k’s of staff - WB’s the snowball is a good read.

Are we moving quite quickly Earthling ? My question is not implying we are not I’m really just not sure as I don’t have the research behind me to know if we are indeed moving quickly or at an average pace or indeed slowly ? I’m still buying mate but not sure they could be called dips anymore - this is an entrenched slide !

I’m not of the opinion that NM doesn’t care about investors - maybe just not quite in tune would be a more balanced and palatable phrase - kicking BHP into touch was the right thing to do - but I don’t think they will have taken that lightly - if your knocked back on a price (we believe it to be derisory and they will no doubt have been chancing their arm) it will put them in a frame of mind of paying an eventual slightly uplifted price not in the frame of mind of coming back and paying many multiples of their original offer as this would be an admission of being a bit sneaky in the first place - this personally doesn’t bother me as I don’t think it will be sold to Bhp anyway.

For me Scrat Nick can earn the messiah monacle when he delivers for me (us) until then I’m trusting him to deliver but not without question. I think I’ve mentioned in the past he may well be relaxed as he knows infinately more than all of us (and I get he can’t share everything as this may be detrimental to the end game) but what he can share should be delivered in a timely fashion - too much slippage can cause doubt and concern for the menial private investor - I’m not selling either but I keep placing my finger on that pot to make sure it’s at least warming up - boiling point can come later but I need to know the gas is alight

I don’t really buy that Columbo - lots of technical data I appreciate but there has to be a cut off of when to encorporate that data - stake in the ground - even if they say it will be updated again in another six mths thereafter. If they don’t want to release it cos it’s not quite the kick into touch for doubters that they want then that’s a different prospect - but that’s a conscious decision rather than they don’t know when it will be ready - if you get my gist

I love Manchester mate - I’ll look forward to you hosting. I’ll return the favour in a couple of poncey London wine bars I spent yrs drinking in ;-) and a few more lively London joints

Don’t mind a delay Shippy - but 3 mths to 6 mths to later in the yr doesn’t really cut it - we were late with TSX listing - arguably late on first MRE (was originally muted for end of yr - we got it beginning of Jan - so we could all argue the toss over that one) Cornerstone spin off was meant to be completed nearly 6mths ago (bit out of solg control that one) - Aggy was delayed - then two rigs then one rig - like I said delays I can handle but open ended promises I can’t - if I told my boss I’d deliver him £500k revenue next qtr and didn’t he would have the ump - if I said maybe the next qtr he’d quite rightly be even grumpier if I said sometime in the future I’d be fired - I think my point is made - PEA has that even started ? I believe we recruited someone earlier in the year - could we get an update on that or is it a one time delivery of - here it is - all good - or here it is it’s gonna cost too much ? - I haven’t a clue

Hope so Columbo - I want my celebration drinks in that Manc boozer you’ve mentioned :-)

Ship - I think they should set out a date for upgrade/revision to MRE

And I’d agree with your second post as well - it’s a gamble no doubt, but one I’m betting will come good.

I’d agree with that Jim

Thanks Jim and for you too back to your 35p (if you haven’t averaged down a bit) but I don’t agree it’s just hope (of course I ‘hope’ it goes up) - resource here is huge and I believe it will be proved to be economic - I believe copper pricing will also help in time and I also believe in the end NM will deliver - I haven’t been happy with last six mths but sentiment and SP can change for the good very quickly in my humble opinion and then what we were hoping for can very quickly turn into I wish I had bought more - hindsight works both ways mate

Not sure how many today - but I bought fifteen hundred quids worth earlier and showed as a sell

Well of course it could keep going down Jim - I believe however it will go up and should indeed be up on what we have already and can no doubt add to following mths and mths of drilling to be added with 12 rigs - but mr market obviously disagrees with me currently and agrees with those who believe we have further to drop - but I agree with you news is needed - even if it’s to realight interest - 12 interested suitors hmmm I’d hope he has whittled that down to 2 or 3 serious suitors and I hope further progress made on the back of tentative approach - patience often muted but patience is costing me bundles !

MRE update next month ? Progress on PEA (has the work started) ? Trivino - Aggy any update ? Volume is terrible and SP is not much better - appreciate it’s all going to take time but what timetable are we working towards ?

Quick read through of recent posts indicates investors unsure on what the hell is going on - one thing for sure is the SP performance over last few mths has been poor - until the confusion has been addressed this will continue to decline - I hold a good slog of these and I’m becoming entirely disillusioned with what looked a solid ‘progressive’ company only a short while back

A License to Drill !