Member Info for Dibs61

I think yesterday’s intraday fall now looks like a bear trap.

theiceberg- great post. Some really good ideas I hope Colin thinks about it. He did comment a little while back about the broker and on balance felt there was no net benefit (at present) of ‘upgrading’ shall we say. They are just targeting the retail investor was the reason. BUT I can’t recall exactly how long ago that interview was because things are changing at pace here!

Once again though some really valuable contributions .

badger - unfortunately it doesn’t necessarily work like that. SP does want to go higher but to get the really big buying interest to push the price sharply up we are probably going to need the assay results for confirmation of what we have. Sadly these things are rarely handed to us on a plate. The good thing is, if you hold, you only need one thing. Patience.

It was announced on 25 Jan that samples from Hole 1 were being forwarded to lab that week - four weeks ago. I believe the timeframe for assay results is approx 6 weeks. So I would say first assay results from drill 1 in two weeks time. From Then on we should get a steady flow of assay results from holes 2,3 etc.

Copper Price $9158 - won’t do us any harm

I think it’s too early to make a call on whether it’s Tier 1 or Tier 2. We still don’t know the overall extent of the deposit. Could it extend further at depth for instance. What we do know for sure is that a MC £41m here is beginning to look silly.

I expect the revaluation to start to move up again tomorrow but the real fireworks begin when the assays start to come through. Confirmation of economic grades are all that is needed now and from everything that CB has said I’m confident they’ll be fine and may even surprise to the upside.

Looks like this has been walked down slowly all day. Generally, if the market is expecting news, and it doesn’t arrive, that is taken as a negative. I think that’s what is happening here. Although WE know it doesn’t herald bad news the default position of the market would be that it could do.

This market never ceases to amaze me. We had all this nonsense last November; the idea that Covid vaccines will fix everything and therapeutics aren’t needed. Do people never learn?

We NEED effective therapeutics full stop. There’s not even a debate necessary. There will be many many thousands of patients requiring an effective therapeutic in the UK alone in the coming months and years. That’s pretty much what Prof Whitty admitted yesterday.

The vaccine never was and never will be the cure all for Covid. It’s just a matter of time until this dumb short termist market cottons on - again - and this will go back up. Just like last December was a screaming buy opportunity- which I bought heavily into - yet again there is another fantastic opportunity again. For those that have the brain cells to realise it of course...

Yes cyber we seem to have gone from one extreme to another. From daily updates to nothing. BUT in fairness CB made it very clear ‘no news is good news’ - he said it. IF there were any issues they would have been reported. So if he suddenly comes out with something unwelcome now he must surely realise the trust will be shattered. He knows that.

So, we must assume everything is hunky dory.

Sharesting - have you got a link for the SAGE document please?

Cheers

An after hours update would be a strange thing to do and would imply something you are trying to bury

‘Thought crossed my mind if the geologists got the trajectory wrong and started again ?’

That would def be a material change and would have to be reported to market so no IMO

Let’s be a little cautious. This market buys the rumour and sells on the news. So no matter how bonkers it would be, regardless of how good the incoming RNS is I will not be surprised if the SP then drops!

Can there possibly be any lingering doubt now?

What on earth is CB going to say in the next update?

Hmmmm good job we’ve all been enlightened now lol. And there was daft old me thinking we’d still need treatments for Covid. But hold on it’s just going to disappear in a puff of smoke - just because of vaccines.

Just like flu did .... *coughs loudly*

Message to MM’s you’re supposed to drop the price to get sells AFTER news not BEFORE lol

Jumping the gun now ...

garymbrock - give it time ;) give it time patience read. The market is beginning to wake up to this but it’ll take time

Jolly has someone hacked your account?

Don’t you mean target price 6.5 and top slice for a free carry lol :D

And the great thing about the Copper price is they (ie.the banksters) can’t short it. They can’t manipulate it like they do with the PM’s...

Quickdraw- your statement below as follows reads :

‘(Mr Rhodes) Holds a further 1,380,406 Ordinary Shares’

He doesn’t hold ANY shares. The RNS said:

Following the above transactions Mr. Rhodes holds no Ordinary Shares but holds options over a further 1,380,406 Ordinary Shares.

Holding options to buy shares is very different to holding shares.

This guy, and fair play to him, has got his snout in the trough.