Member Info for Dibs61

Thanks BumbleB2.

@ 71.78

Appreciating my popularity here (lol) just thought you may like to know.

If it drops into the 60’s I’ll probably take some more.

To see some blue appear in the trades.... oh how we’ve missed you!

I’ll post on this later but no point quarrelling about it. As PI’s we should all be aware of non-revenue generating companies and their need to raise capital from time to time. Of course WSBN are going to need further funds at some stage in the next few months. We need them to do this if they are going to complete an exploration programme which will hopefully produce what we are all wanting - a new gold discovery akin to Havieron. And trust me, if they do it will make the cash raised in comparison pretty minuscule. You get my point?

Agree that there is big disparity between this and ITM/CWR in terms of valuation. It has to be accepted they have greater commercial traction but reading the RNS’s this year AFC seem to be inching closer to commercialisation, on the cusp as it were. Things could snowball from here - I see that sentiment is a bit negative but that suits me fine as that will change once further announcements on commercial orders appear in the next few months. I think it’s a good time to buy. I’m in at virtually the placing price in July. They are really cashed up now on the BS. And incidentally that was impressive to raise £31.6 million in a cautious market. Hydrogen is going to be a key green fuel going forward. Numerous projects on the go with various applications. Good technology. What’s not to like.

Oh, incidentally is Abramovich still invested here?

Bought back in @ 2.60. Expecting exciting initial assays from BG. Anytime in the next week to ten days, could be tomorrow!

When it does this will move swiftly up into the 3’s and possibly beyond.

Dadsbatty - fair enough I have a large holding here and see huge upside from here but always worth looking over the fence...;)

Anyone searching for the next big mover amongst the micro goldies look no further than CGNR.

CGNR will shortly be announcing a confirmed JV and exploration plan with AAZ for their extremely large and prospective licence areas in the Irish Republic. Watch her go once that happens.

Back on topic this has plenty further to run but might need a breather.

So it’s full steam ahead with several potential gold targets identified. Best news possible.

Plus - we also have news on their other licences due before end of year - as promised by RP recently.

2021 could be some year here!

Well I don’t see how the market can ignore a rising gold price on the cusp of production.

POG $1,916

And it would be the Perfect Storm if we get a combination of announcement plus rising gold price simultaneously.

POG tonight $1,916

Never mind Trump If Biden gets in imagine what the 3 trillion dollar stimulus will do to the gold price and therefore goldies......

Is that just an opinion or based on actual evidence based knowledge. And yes I am aware there’s a lockdown. However travel exemptions are permitted for ‘work and essential purposes’. Therefore my questions are:

a.) do they still need to get together, is it necessary or can be done remotely
b.) if they do are they covered under the work exemption

It seems to me that this is a pretty big deal for that part of Ireland.

We’ll see. In any case I can wait and if necessary build up a further stake.

Tricky - firstly I am NOT currently invested here and secondly I make I my business to know what I am talking about. Otherwise I lose money and I am always prioritising capital preservation. There is unfortunately a lot of utter drivel on this board.

I am afraid you are pinning too much hope on Mologic. What have they actually produced yet in terms of sales for ODX. I’ll leave you to answer that question. Furthermore on the UK governments latest statement on the lateral flow tests progress. There are three of them and guess what, Mologic is not one of them. Whatever Liverpool School of Tropical Medicine say means diddly squat. It’s what PHE and MHRA say that counts.

Vascular - 100% no they didn’t.

Positive news no question about that. ODX have been seeking food detective home test approval in China for a long time and it is certainly a notable achievement. Hats off to them. However no surprise that the SP has not responded as the next, possibly bigger challenge is to achieve meaningful sales. It’s possible they will but I suspect their focus is pretty firmly on the COVID test prospects. They simply don’t have the time or resources to juggle too many balls at the moment. In any case the sales potential from the COVID tests is much larger than food detective in the short term imo.

I’m keeping a close eye here for a re-entry but don’t be fooled by the hype. For example the Twittering about lateral flow tests is NOT ODX. It is for antigen LFT’s.

"When is the 45 day period up ?"

You're a bit lazy aren't you?! A tiny bit of research would tell you its 18th of this month assuming the trigger date is the 5th Oct when the announcement was made.

So now we can see the reason for all the 'red trades' this morning. MM's were filling a large order - by the standards of recent volume I should add. Demand hasnt followed through this afternoon so predictably they have lowered the bid, but note not the Ask - yet at least.

This is the issue we've got atm. We are in limbo on low volume waiting for 'The news' and MMs in this environment will, surprise, surprise, inch the price down. Yawn.

We need either the news and/or higher volume.

Banana- yes even now it’s even Steven’s on buy sell volume yet 5% down. It’s an attempt to try and get volume. But it has t worked has it? When sentiment turns they will soon send it back up again if they think that brings the trade. But yes it is galling.

tojomac1 - in a word...no.

But we should see some SP appreciation notwithstanding a market collapse in the meantime