Member Info for Dibs61

Oh the carrot was dangled alright and it’s now clear that it was simply a ruse to get the placing away. Classic AIM really only on a truly royal scale this time. Has anyone seen such an utterly scandalous discount like this before? Like others I was done up like an old kipper.

Was thinking over the weekend about this ERF thing. I don’t think it’s going to be renewed in 2025 and I actually think Oakley realises this. I have not seen anything from the budget that suggests it will be continued. My feeling is that it is seen by Labour as a Tory initiative that FAILED. Failed to bring down waiting lists which was its prime objective after all. So from a political perspective they have to drop it and adopt a different approach. If I am correct think about it from an ICB’s perspective. If they know - or believe - the ERF will not be continued beyond March 2025 why on earth would they sign up to it with FDBK now for five months! Knowing it will not be continued.

One final point on the ERF ‘opportunity’. How do we know there is even any money left in the pot now at this rather advanced stage of the financial year? I read elsewhere that these pots/funds can be used up pretty quickly. JAT……

So, imho, forget any notion of ‘near term contracts’. That, I can now see was, and is, utter BS to try and ramp up the share price and get the placing away. I know, all very well in hindsight..and I admit Oakley managed to hoodwink me and others again. Thankfully I didn’t throw too much at it this time.

I have exited this and will never invest another penny here unless and until they actually deliver meaningful contracts and demonstrate this is something actually worth investing in. In the absence of seriously positive developments anyone putting any more cash in here now is simply throwing good money after bad.

Again, imho, this will inevitably drop to the placing price and probably below once the market realises there will be no ‘near term contracts’.

Always good when your CEO has skin in the game. Aligned to shareholders.

The same people carping About the director buys are the same people who would slate them if they didn’t make director buys! And these are material purchases and not back pocket stuff.

I agree with seaangler about the timing. I’m guessing they were in a closed period prior to the budget because I’m sure they’d have had at least a very good idea of what was coming.

It’s frankly absurd to try and paint it as anything other than positive.

Maybe it’s your 100k jolly? 🤭

Or maybe there’s been a leak that they will not get any contracts? Now that would really get your juices flowing🤣

Agree with everything you say apart from the ‘severe retrace’. I do not believe we will see a severe retrace. This rise in the gold price has been unlike any other in the past. There are now overwhelmingly bullish catalysts for gold wherever you look. The situation re the dollar/debt is irreversible other than default (which they will never do) or revaluing gold which would be hugely inflationary. It won’t go up in a straight line but I think we will simply see a continuation of the trend past few months. The only thing that could stop it in its tracks is Central Banks ceasing to buy Gold. Is that likely? No imo as central banks are (especially but not exclusively BRICS ones) dedollarising. Most western nations are drowning in debt. There is no way out this time.

Eish- imho it’s because institutional investors haven’t climbed onboard yet and retail investors do not believe in the gold bull market yet. Gold stocks have been in a bear market for a long time so there is a lot of worry the high gold price will not be sustained. Everyone is waiting for a retrace. You can see this where as soon as the gold price slips a bit the stocks fall back too. It doesn’t matter that it’s $2,780 - an all time high ……it’s gone down $10 today lol. 🤷‍♂️

That’s where we are. However I think that pendulum is going to swing the other way. Only a matter of time. They say bull markets climb a wall of worry. Gold isn’t but the stocks are!

Once the market starts seeing the heaps of cash being chucked out in upcoming statements that’s when the sentiment will really swing round and greed/FOMO will start to kick in.

Now is the time to load up if you haven’t already. I know this has risen quite a bit this year but on the five year chart the rise isn’t so amazing - less than 50%. Gold has risen over 80% in that time. In a gold bull market stocks normally 3x the percentage rise in gold price.

I truly believe we are going to see a historic bull market in Gold stocks.

Excellent announcement. What is it that the market doesn’t like? Usual sell on news mentality? Sell on GOOD news? 🤷‍♂️

A clear statement by the Board. We have confidence in our company and this stock is a BUY. Dennis Schulz in particular leading from the front.

More positive news on tio of yesterdays pro green hydrogen budget.

They’re ’avin a laugh aren’t they?!

However, anyone getting in at these bargain basement prices will have the last laugh.

Will there be any titbits for us in the ‘Budgie’?

So EV wise this is now worth virtually nothing.

Sure.

Yes this market leaps on anything vaguely negative. That said this has recovered, and with gold price strong again I am not surprised! A possible slightly lower production and slightly higher AISC pales into insignificance to the cash they are throwing off now at these levels!

Strong move in silver again. HOC Unchanged lol. This has got to change….🤷‍♂️

Looks like UBS are out now anyway which is good. Maybe they have been a drag on the SP.

The stock could’ve been distributed amongst a number of investors.

As for cash accumulation here well with the silver price strong and rising operational leveraging comes into play stronger than ever in combination with (hopefully) lower AISC over time as the mine becomes more efficient.

I think there is some uncertainty about the future with the sad passing of the CEO who, it seems to me, WAS Mr Synectics. How do you replace him with his deep specific niche knowledge of the market they operate in? And now this rebranding? The market def isn’t keen on it. Any rebranding inevitably costs money. Maybe that’s it? A few question marks now.

Absolutely insane drop in SP. Silver has corrected a little - big deal.. Silver is at historically high levels and Gold. Market selling on good news lol. Crazy. Does not want to believe the precious metals bull market is real.

It will.

Isn’t it a bit premature to talk of a new reactor when they are only utilising roughly half of their existing capacity? Let’s be realistic. Yes you can look ahead but revenues will have to rise fairly substantially from here for it even to be a serious discussion.

Let’s learn to walk before we can run.

Https://www.kitco.com/news/article/2024-10-24/russia-will-create-new-brics-precious-metals-exchange-become-key-regulator

Another catalyst for precious metals. It won’t happen overnight, but it’s coming….

Https://www.kitco.com/news/article/2024-10-24/russia-will-create-new-brics-precious-metals-exchange-become-key-regulator

Another catalyst for precious metals. It won’t happen overnight, but it’s coming.

Https://www.kitco.com/news/article/2024-10-24/russia-will-create-new-brics-precious-metals-exchange-become-key-regulator

Yet another catalyst for precious metals prices. It won’t happen overnight but it’s coming…..