Member Info for Dibs61

I'll be honest I was hoping for a bit more from the SP today but it is what it is and it changes nothing in terms of the value here. Ah yes, the value. £51m? I don't think so. Todays announcement further substantially derisks the investment here IMO. OK we have not seen any upside thus far but I am increasingly confident todays assays have placed a firm floor under the price/valuation at around the 7p level. That's being 'conservative' of course but investing is first and foremost about capital preservation and I have a lot invested here. There seem to be a lot of orders going through at around 7p - on both the buy and sell side. Once they're out the way maybe we'll see some movement.

So yes disappointed with the SP but confident there can be little or no downside from here. What I do also think is that one of the forthcoming announcements WILL be a SP catalyst be it Hole 2 Assays or Hole 6 drill. I also think that institutions will now be looking at investing here. They don't normally dive in (though we know of one exception but thats a little different ;)) they have a look, analyse and maybe in a week or two will start to move in, maybe a little longer but this is not going to be solely the domain of retail investors anymore!

The most exciting aspect is that Racecourse is only ONE target within the BushRanger Licence. CB is talking about multiple porphyrys in a DISTRICT. Then there's Footrot which CB also seems very bullish on.

We are indeed, I suspect only touching the tip of the Iceberg.

Come on you have to laugh at the absurdity of it all. There is so much about this that is predictable. This whole sell on news - irrespective- mentality. So, perhaps we will now have to wait for Hole 2 Assays for this strange market to cotton on.

Yes maybe this caught the MM’s napping. Friday morning etc but seriously no initial mark up on that RNS just tells you how asleep the market has been to this discovery!

Very surprised this was not marked up more at the start. God, what does this market need!?

A few comments about Hole 6 progress. It’s important to note the RNS dated 11.3.2021 stated the following:

‘A new hole, BRDD-21-006, will be drilled to the north from the same pad as BRDD-21-005, but angled to drill obliquely through the mineral zone, aiming to provide an intercept across the deposit at greater depth down-plunge.’

Note the words ‘will be drilled’. So they hadn’t started on the 11th and maybe they didn’t for a few days. Maybe they had a break from the breakneck progress they’ve made over the past few weeks god forbid!

This puts to bed any concerns about grades being economic. An excellent result and is simply a question now just of how big in terms of lateral capacity.

Docit - I need 42p

And another one... someone’s accumulating ...

Willem Middlekoop possibly?

Decent size delayed buys now being printed.

I’d say some SP movement is ‘imminent’ ;)

Aha cloak and daggers time folks - the ‘buys’@ 6.92 are in fact sells and it’s NT to buy a bean

Hey Chad

18-Mar-21 09:33:45 9.6399 200,000 19.28k O

Yes it would be nice if Colin could explain the real meaning of ‘imminent’ in his next Zak Podcast. I don’t want to labour the point but it’s practically ONE week since that infamous comment.

Nice to see. I’ve added more here. This is one of those stocks that historically I’ve never made money largely because I’ve got my timing wrong. I’m not a trader though I do occasionally trade. I want to hold this one though because it’s potentially a great growth story. Fascinating really to see the way it will pan out. Want to be part of the journey.

Truro - I don’t hold but I do monitor. More out of morbid curiosity these days. As for the legal guys are they working on a no win no fee basis?

I would suggest this is a stock that ALL PI’s should consider holding at least a modest amount. PJ talks and thinks like us because he himself has been, and continues to be, an investor. I agree with bitcoinbuyer it’s a stock you can just buy, hold, relax and, if you want to, forget about. A ‘holiday share’ as Bitcoin puts it.

I hope PJ is in it for the long haul because I will be here all the while he is here. Being a bit lazy does anyone know why he left Metal Tiger?

Strapped ‘in’ rather than ‘on’ sounds a bit more appropriate ;)

But each to their own I suppose...

Bline59 - well said that man. Nationalism appears in many guises.....and the EU had ample chance to get their vaccine orders in but DIDN’T. And now how they complain and whine of the commercial reality of failing because of their bureaucracy and procrastination not to mention their barely disguised envy of our vaccination success. Tough.

Chair of the Board buying on open market

https://www.londonstockexchange.com/news-article/POLY/polymetal-director-pdmr-shareholding-****erill/14904437

RMG are coming out with a number of new innovations as per attached article

https://www.dailyecho.co.uk/news/national/uk-today/19167186.royal-mail-introduce-change-stamps-uk-first-initiative/